U.S. jobless claims remain elevated amid second layoffs wave
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WASHINGTON (Reuters) - 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.The Labor Department's weekly jobless claims report on Thursday, the most timely data on the economy's health, supports economists' contention that it would take a while for..