The newest jobs numbers released Friday show South Carolina recorded its lowest unemployment rate in more than eight years last month, but still trails the overall national average.
South Carolina’s 5.6 percent jobless rate dropped slightly from 5.7 percent in September, according to the latest data released Friday by the state Department of Employment and Workforce. That is the lowest rate South Carolina has seen since June 2007, just before the country dipped into the housing crisis and eventual recession.
The number of jobs increased at a faster pace than population growth. South Carolina saw nearly 7,900 additional residents listed as “employed” in October, combined with nearly 2,400 fewer listed on unemployment rolls. Meanwhile, the state’s overall labor force added nearly 5,400 more people in October.