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SC Unemployed Increases 10K
01/03/10
South Carolina jobless amount soars to 12.1 percent for October; total number of unemployed rises by Ten thousand
The joblessness rate in South Carolina rose practically 1 / 2 a percentage point in October, coming back to a historical rate of 12.1 percent established earlier this year, the state agency which calculates the actual rate claimed Friday.
The Employment Security Commission also stated it had revised September’s rate upwards 0.1 percent points, to 11.7. Nationally, South Carolina’s unemployment yet again placed fifth-highest in the land, behind Michigan (15.1), Nevada (13.0), Rhode Island (12.9) and Colorado (12.5), according to the U.S. Bureau of Labor Statistics.
South Carolina’s 12.1 percent, which equaled the state’s record unemployment first attained this summer season, marked a decrease after several months of essentially steadiness. Don Schunk, a research economist at Coastal Carolina University, said he had been expecting the unemployment rate to march upward and believes the pattern may keep on, as people continue to search for careers.
The number of laid-off people in South Carolina went up by almost 10,000 throughout October, to about 263,000, according to numbers published by the commission. The state’s general job count was down 60,500 from a year ago. It’s virtually 95,000 below December 2007, when the downturn commenced.
The state’s biggest job losses arrived within the leisure and hospitality and manufacturing industries, which dropped a combined 7,200 jobs. Meanwhile, business providers, government and retail observed a mixed 10,400 in gains. Allendale County had the state’s highest unemployed rate, at 22 %. Unemployment was smallest in Lexington County, at 8.6 %.
Previous month, state legislators delivered to Columbia to pass a bill extending jobless benefits to about 15,000 workers whom experienced begun running out of weekly state and federal help. The practical change links expanded unemployment benefits to the state’s unemployment rate instead of the number of people who are acquiring benefits, and Gov. Mark Sanford signed the bill into law the next day.
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