U.S. Jobless Claims Fall While Corporate Cuts Signal More Pain
A job seeker fills out an application form during a United States Postal Service (USPS) recruitment event in Boston, Massachusetts, U.S. (Photographer: Shiho Fukada/Bloomberg)

U.S. Jobless Claims Fall While Corporate Cuts Signal More Pain

(Bloomberg) -- Even with fewer Americans applying for unemployment benefits last week, the labor-market outlook remains bleak.
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