First time unemployment benefit filers set 2024 record

Oct. 10 (UPI) -- The number of people filing for unemployment benefits rose dramatically last week to their highest point in more than a year to a seasonally adjusted 258,000, the Labor Department said on Thursday.

The one-week total easily beat the previous 2024 high of 250,000, set during the week ending July 27, and equaled the August 5, 2023, mark of 258,000. The total is an increase of 33,000 from the unrevised total of 225,000.

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