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Read more about US layoffs remain elevated as incomes and spending weaken
US layoffs remain elevated as incomes and spending weaken

By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer. The Labor Department's report, released Thursday, suggests that companies are still cutting a historically high number of jobs, though the weekly

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