THE HR BREAKDOWN

New jobless claims edge higher but labor market remains stable

The Labor Department has reported that new applications for unemployment benefits totalled 214,000 in the seven days to April 18th, up 6,000 from a week earlier, and ahead of the 210,000 expected among economists surveyed by the Wall Street Journal. The four-week moving average of claims rose 750 to 210,750, while continuing claims increased from 1.81m to 1.82m.