Working harder than ever these days? Get used to it.
The state’s chief economic forecaster John Rainey said Thursday that South Carolinians who have jobs are working harder than ever before and that record high productivity combined with new technological advances will keep unemployment higher for longer.
In other words, if companies can get by getting more out of less — they will.
“I think high unemployment, unfortunately, is here to stay,” Rainey said after analyzing state unemployment data and revenue collections at the Board of Economic Advisors meeting.