SC Unemployment Drops for Second Straight Month

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The State Department of Employment and  Workforce (DEW) announced last week that South Carolina’s unemployment has  dropped by a half of a percentage point for the second month in a row. The October jobless rate fell to 8.6 percent,  1.5 percentage points lower than a year ago and the lowest rate in nearly four  years.

During the same time, the national unemployment moved up slightly to 7.9  percent.  Government jobs increased by nearly  5,000 in October, with other gains in trade, financial services and education.  However, the hospitality industry posted a loss of 400 seasonal jobs.  Read More.