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The U.S. labor market is proving to be resilient during the Federal Reserve’s aggressive rate hikes.

The Labor Department reported Thursday that new unemployment benefit applications were down to 239,000 last week. That’s a decrease of 11,000 from the week before.

But it’s still in line with the rest of the year, where weekly jobless claims have mostly ranged between 200,000 and 250,000.

That’s actually surprising to see when the Federal Reserve raised rates an astonishing 11 times in the past year and a half. Those hikes were partially to cool the job market, which doesn’t appear to be happening.

But the housing market has been hit hard by the hiking. Thirty-year mortgage rates ticked up to 7.16% this week, which is a number that’s rarely been seen since 2001.