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U.S. layoffs remain elevated as weak demand persists

Weak demand is forcing U.S. employers to lay off workers, keeping new applications for unemployment benefits extraordinarily high, even as businesses have reopened, buttressing views the labor mar

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Nearly three million more U.S. workers file for unemployment

Nearly three million more American people filed for unemployment benefits in the week ending May 9, according to the U.S. Department of Labor as the COVID-19 pandemic continues to batter the labor