The number of Americans filing for jobless aid fell last week as the labor market remains resilient in the face of the Federal Reserve’s interest rate increases meant to cool the economy.

Applications for unemployment benefits in the U.S. for the week ending Feb. 18 fell by 3,000 last week to 192,000, from 195,000 the previous week, the Labor Department said Thursday. It’s the sixth straight week claims were under 200,000.

The four-week moving average of claims, which evens out some of the weekly volatility, inched up by 1,500 to 191,250. It’s the fifth straight week that figure has been below 200,000.

Applications for unemployment benefits are considered a proxy for the number layoffs in the U.S.

Earlier this month, the Fed raised its main lending rate by 25 basis points, its eighth rate hike in less than a year. The central bank’s benchmark rate is now in a range of 4.5% to 4.75%, its highest level in 15 years. Chair Jerome Powell appeared to suggest that he foresees two additional quarter-point rate hikes.