U.S. jobless claims drop to 787,000, but layoffs remain high

U.S. JOBLESS CLAIMS totaled 787,000 last week. / AP FILE PHOTO/MARCIO JOSE SANCHEZ
WASHINGTON (AP) – The number of 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. With confirmed infections having neared 60,000 in the past week, the highest level since July, many consumers have been unable or reluctant to shop,…

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