State’s unemployment rate lowest since 2001, Gov. Henry McMaster says SC best place to do business

The number of people working in South Carolina set a new record in September, and unemployment reached its lowest level since February 2001, as the state’s seasonally adjusted unemployment rate for September 2017 dropped to 3.9 percent from 4 percent in August.

Charleston County has the state’s lowest unemployment rate at 3,1 percent. Jasper County and Greenville County each had an unemployment rate of 3.3 to tie for second lowest, followed by Lexington County with a 3.4 percent unemployment rate. Richland County’s unemployment rate was 14th lowest in the state at 3.9 percent.

The report was released by the S.C. Department of Employment and Workforce.

The over-the-month change in the number of individuals working across the state increased by 6,910 to 2,232,795. The number of people unemployed declined 1,641 to 91,428, while the state’s labor force increased 5,269 to 2,324,223 people.

Since September 2016, the labor force has grown by 26,586 with employment gains of 39,183. The level of unemployed decreased 12,597.
Nationally, the unemployment rate decreased from 4.4 percent in August to 4.2 percent in September.

Governor Henry McMaster  released the following statement in response to the statewide unemployment rate decreasing to 3.9 percent in September from 4.0 percent in August “This is just another example of the tremendous potential of our state and our people. With more South Carolinians working than ever before and jobs being created by new and expanding companies nearly every day, we are showing that there’s no better place in the world to do business or one with more opportunity for its citizens.”

Comments

Comments