This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

SC Unemployment Up Slightly In December


COLUMBIA, S.C. (AP) â¿¿ South Carolina's unemployment rate went up for the first time in months in December, state officials said Friday, ending four months of decreases.

The Department of Employment and Workforce said the state's jobless rate was 8.4 percent in December. That's more than a full percentage point lower than the same time a year ago.

Before last month, South Carolina unemployment had dropped for four straight months. In November, state officials said the monthly mark of 8.3 percent was South Carolina's lowest unemployment rate since October 2008.

The state's peak unemployment rate was 12 percent in November 2009.

Employment and Workforce executive director Abraham Turner said the December increase was attributed in part to a seasonal drop of nearly 6,000 jobs in South Carolina's leisure and hospitality industry. The government sector also dropped by 2,300 jobs, and professional and business services went down by 1,700.

"Typically, we see a small decrease in employment in December because of seasonal declines" in those three sectors, Turner said.

Trade, transportation and utilities posted monthly job gains of 2,400. Education jobs were up by 1,100.

In December, the number of unemployed South Carolinians grew by more than 3,000 to 180,000. The state's number of employed people went up by more than 5,000, to nearly 1.7 million. The state's labor force was more than 2.1 million, an expansion of about 8,500.

Unemployment went up in all but three of South Carolina's 46 counties last month. The jobless rate was highest in Marion County, at 17 percent. Lexington County had South Carolina's lowest unemployment, at 6.6 percent.

Nationally, unemployment last month was 7.8 percent. South Carolina's jobless rate in December was tied with Oregon for the 11th-highest in the nation.


Kinnard can be reached at
Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs