The number of individuals working in South Carolina reached a record high last month, but a large number of people leaving labor force completely helped drop the state’s unemployment rate below 4 percent.
The state Department of Employment and Workforce released the June numbers on Friday, saying the overall workforce grew by a net 650 people to more than 2.26 million. However, South Carolina’s labor force (the combination of those listed as employed and unemployed) declined by more than 4,700 people during that same span.
South Carolina’s labor force decline pushed the seasonally adjusted unemployment rate down to 3.8 percent from 4.0 percent in May.
“Businesses are continuing to hire and employment is at record level so the challenge remains providing employers with a workforce that meets their needs and pulling in more potential workers,” SCDEW executive director Cheryl Stanton said in a statement.
Nationally, the unemployment rate edged upward to 4.0 percent from May’s rate of 3.8