) -- Initial jobless claims climbed last week, according to a government report released in the morning, as the labor market continued to struggle into August.
The number of applications for first-time claims for state unemployment benefits rose by 2,000 to a seasonally adjusted 484,000 for the week ending Aug. 8, while the tally for the week before was revised higher to 482,000 from 479,000.
Wall Street analysts were looking for new claims to retreat to 465,000, according to consensus projections provided by Briefing.com.
The average number of new filers over the past four weeks, which provides a less erratic picture of claims data, surged higher by 14,250 to 473,500. The number of those continuing on jobless benefit rolls, however, declined to 4.452 million from 4.570 million.
--Written by Sung Moss in New York