A report released by the Labor Department said initial claims for unemployment benefits declined 16,000 to 614,000 in the week ended June 27 from the upwardly revised reading of 630,000 for the previous week.

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A report released by the Labor Department said initial claims for unemployment benefits declined 16,000 to 614,000 in the week ended June 27 from the upwardly revised reading of 630,000 for the previous week.
