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In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Employers fill 115,000 positions in April as the unemployment rate remains little changed at 8.1%
- Initial unemployment claims fall to 365,000 in latest report
- Services sector grows for 28th consecutive month but at a slower pace
- Factory orders fall by 1.5% while inventories rose by 0.3% in March
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