New unemployment claims rose marginally last week, reaching 217,000 seasonally adjusted for the week ending October 28.

The job market is cooling, but tight conditions demonstrate the economy’s resilience.

The U.S. central bank maintained interest rates constant but left the door open for potential rate hikes.

Benefits increased by 35,000 following a week of aid, and layoffs were minimal.

Nonfarm payrolls are expected to rise 180,000 last month, and the recently ended UAW strikes against Detroit’s Big Three car manufacturers may slow job development.