Shopify App Node.js template: Testing Errors

Overview

I have been having A LOT of problems running basic unit tests with shopify's node app setup: https://github.com/Shopify/shopify-app-template-node

When trying to use the @shopify/react-testing library, with Jest as the runner, I keep getting this TypeError of testUtils.act is not a function.

TextFieldComponent.test.tsx

import { mount } from '@shopify/react-testing';
import TextFieldComponent from "../../components/atoms/TextFieldComponent";

describe("TextFieldComponent", () => {

  it("renders TextFieldComponent", () => {
    const testId = "text-field";
    const value = "test";
    const label = "test";
    const type = "text";
    const autoComplete = "off";
    const wrapper = mount( <TextFieldComponent
                  value={value}
                  type={type}
                  autoComplete={autoComplete}
                  label={label}
                />);
  });
});

jest.config.js

module.exports = {
    preset: 'ts-jest',
    testEnvironment: 'jsdom'
}

The Error: testUtils.act is not a function