U.S. new weekly jobless claims seen falling below 2 million
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WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits likely dropped below 2 million last week for the first time since mid-March, but remains astonishingly high as companies adjust to an environment that has been significantly changed by COVID-19.Nevertheless, the weekly jobless claims report from the Labor Department on Thursday would suggest the worst is over for the labor market, combined with data on Wednesday that showed a smaller-than-expected drop in private..