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US layoffs stay high as 803000 seek jobless aid
The Labor Department reports 803000 Americans filed for unemployment benefits last week, down 89000 from the prior period but still historically elevated nine months into the pandemic. Consumers pulled back spending in November while durable goods orders rose and new home sales fell, signaling cautious recovery amid ongoing restrictions.
MENTIONED IN THIS ARTICLE
Washington
U.S
Labor Department
Joshua Shapiro
Maria Fiorini Ramirez
Gray M. Sanborn
Palatine
Ill
Associated Press