RTTNews - Thursday morning, the Labor Department released its report on initial jobless claims in the week ended June 27th, showing that first-time claims for unemployment benefits fell by slightly more than economists had been expecting.

The report showed that initial claims fell to 614,000 from the previous week's revised figure of 630,000. Economists had been expecting claims to fall to 615,000 from the 627,000 originally reported for the previous week.

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