Initial jobless claims rose less than expected

Initial jobless claims rose less than expected.
Claims inched up slightly to 260,000, up from last week's 259,000.
Meanwhile, economists had forecast that claims ticked up slightly to 265,000.
This is the fifth week in a row claims came in better than expected.
Additionally, this is now the 80th week in a row that initial claims have been below 300,000 — the longest streak since 1970.
"Each week’s print adds more evidence that the labor market is approaching maximum employment a