South Carolina’s unemployment rate is one of the worst in the nation at 11.5 percent. But it’s even worst in some highly industrial areas across the country, leading to an unexpected result.
Chairman of the Board of Economic Advisers John Rainey says the rate is worse than it might be because a number of unemployed workers from the midwest and northeast have flocked to Southern states hoping to find employment.
All totaled, 244,000 workers have moved into the state over the past year for various reasons, according to the South Carolina Department of Commerce. [click to continue…]
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