In October, South Carolina’s labor force hit an all-time high, while the state’s seasonally adjusted unemployment rate increased slightly to 6.7 percent.
Dillon County’s rate was down to 9.3 percent.
From September to October 2014, the labor force noted an increase of 9,487 people, which marked a historic level of 2,192,212.
The October unemployment rate ticked up from 6.6 percent in September as the estimated number of unemployed was 146,713, an increase of 2,291 people over the month. The number of South Carolinians working grew by an estimated 7,196 people to 2,045,499.
Over the last year, more than 25,000 people have found work. Since October 2013, the labor force has increased by nearly 18,791 people, and the state’s unemployment rate has declined by approximately 0.3 percentage points.
Nationally, the unemployment rate decreased to 5.8 percent in October from 5.9 percent in September.
Unemployment Rate Decreases
Related Posts
Major Charles Kever Hayes Inducted Into NOAA National Florida Keys Marine Sanctuary Memorial Garden
Major Charles Kever Hayes’ was among the 2024 inductees into NOAA National Florida Keys Marine Sanctuary Memorial Garden.
Global 6K For Water Planned
On May 18, 2024, World Vision’s Global 6K for Water will unite people around the world to walk/run on the same day for the same cause. Great Expectations Church in Dillon will be participating.