The number of unemployment claims filed for the week ending Sept. 1 fell by 12,000, the Labor Department said Thursday.

Meanwhile, the amount of jobless applications submitted by Americans fell to 365,000, compared to 371,250 a week prior.

The four-week moving average on jobless claims for the period hit 371,250, an increase of 250 from the previous week's revised average of 371,000.

As of Aug. 18, roughly 5.5 million Americans are claiming jobless benefits, down from 63,076 a week earlier.