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Read more about US jobless claims drop to 787,000, but layoffs remain high
US jobless claims drop to 787,000, but layoffs remain high

By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels. Last week's figure was down from 842,000 the previous week, the Labor Department said Thursday. The government also revised down the number of people who

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