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Reuters

US weekly jobless benefits to stay elevated as coronavirus layoffs widen

Updated : May 14, 2020 12:00 PM IST

Many parts of the country are reopening and states and local governments are laying out plans to restart their economies.
The unemployment rate jumped to 14.7% in April, breaking the post-World War Two record of 10.8% touched in November 1982, from 4.4% in March.
US weekly jobless benefits to stay elevated as coronavirus layoffs widen

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