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The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to sustained strength in the labor market despite a sharp slowdown in hiring last month.Other data Thursday showed wholesale inventories recorded their biggest increase in 10 months in April, which is expected to boost second-quarter economic growth. Economists polled by Reuters had forecast initial claims rising to 270,000 in the latest week.The claims report offered the latest sign that the labor market remains strong even though the economy added only 38,000 jobs in May, the smallest gain since September 2010 .Economists polled by Reuters had forecast wholesale inventories nudging up 0.1 percent in April.With sales increasing solidly for a second straight month, it would take wholesalers 1.35 months to clear shelves, down from 1.36 months in March.
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