South Carolina Jobless rate worst in a quarter-century

The number of people out of work in South Carolina soared in November to its highest rate in 25 years, and to make matters worse, the state Employment Security Commission says it will run out of money for jobless claims in two weeks unless the state asks for $146 million in federal aid.

The jobless level soared to 8.4 percent, half a percent higher than the revised 7.9 percent of people claiming jobless benefits in October.

“It’s a further worsening of conditions,” said Sam McClary, a labor analyst with the Employment Security Commission. “It was almost across the board. There was a small increase in retail trade (employment), but it was far below what we normally see this time of year.”

Read it all from the front page of the local paper.

Update: There is even more here.

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Posted in * Economics, Politics, * South Carolina, Economy, Labor/Labor Unions/Labor Market

2 comments on “South Carolina Jobless rate worst in a quarter-century

  1. John Wilkins says:

    Hope the churches are ready! They’ll step in now that the governor won’t accept any handouts from the federal government.

    Right?

  2. libraryjim says:

    huh. No wonder I didn’t hear anything from all those applications I submitted for Library jobs in South Carolina.