The state’s newly-released unemployment rate is up just slightly.
The State Department of Employment and Workforce, and the Bureau of Labor Statistics, reported today that South Carolina’s seasonally adjusted unemployment rate increased to 10.8 percent in July. This is an increase of 0.1 of a percentage point from 10.7 percent recorded in June, and 1.2 percentage points better than this time last year.
John Finan, D.E.W. executive director says,
Several sectors of the economy such as Retail Trade and Construction are moving in a lateral motion. This continues to affect consumer sentiment which directly affects demand for products and services. As the state’s economy strives to rebound, we remain committed to assisting job seekers in finding employment.
Marion County has the state’s highest rate of unemployment, at 19.9 percent.