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The South Carolina jobless rate jumps back to 12.1%
South Carolina’s unemployment rate last month is still at state all-time high of 12.1 percent. Numbers have swelled the SCES unemployment system as more citizens are having a hard time finding work in this two year old recession. South Carolinas unemployment rate had reached 12.1 percent in June 2009 before sliding as more people stopped looking for work (causing the numbers to look better). The state’s jobless rate rose nearly a half-percentage point from September’s revised reading of 11.7 percent.South Carolina continues to have the nation’s fifth-highest unemployment rate. The state has shed 60,500 jobs from a year ago and nearly 95,000 since December 2007 when the recession began.
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