Local paper front Page–South Carolina Unemployment rate soars to 10.5 percent in June

South Carolina’s jobless rate spiked in June to 10.5 percent, rising half a percentage point from May, the S.C. Department of Employment and Workforce reported Friday.

A jump in the number of people looking for work combined with a decrease in job openings resulted in the seasonally adjusted increase to put the state the fifth highest in the nation in joblessness, the agency said.

The Charleston metro area’s unemployment rate vaulted from 8.7 percent in May to 9.8 percent in June.

Read it all.

print

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