Initial jobless claims rose less than expected.
Claims rose to 265,000, below economists' expectations of 269,000, according to Bloomberg.
The 4-week moving average was 259,750, an increase of 250 from the previous week's revised average.
The report noted no special factors impacting this week's initial claims.
Last week's claims level was revised down by 6,000 to 259,000.
Claims have now run under 300,000 for 55 straight weeks — the longest streak since 1973 — as the labor market continues to accelerate towards full employment.
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