The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no deterioration in labor market conditions and reinforcing expectations that the Federal Reserve would not cut interest rates next week.

Initial jobless claims for the week ended Jan. 18 increased 6K to 223K, just over 221K consensus and 217K prior (unrevised), according to data released by the D

Initial filings for unemployment benefits in Wisconsin dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to 5,532 in the week ending Jan. 18, down from 6,156 the week before, the Labor Department said.