Wall St drops on Trump’s China trade comments, economic worries
May 14, 2020
Wall Street drops on trade war fears, economic worries
May 14, 2020

U.S. jobless claims remain elevated amid second layoffs wave

The novel coronavirus crisis continues to pummel the U.S. labor market, with the number of Americans filing for unemployment benefits falling less than expected last week, suggesting a second wave of layoffs in industries and jobs not initially impacted by business closures caused by the pandemic.

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