Ready The Hoovervilles: SC Unemployment At 10.4%
South Carolina’s unemployment rate soared to 10.4% for the month of January – up nearly a full percentage point from last December and the highest rate on record in the state since April 1983.
That figure would also put South Carolina’s rate at the second highest in the nation, behind only Michigan.
It’s likely to get worse before it gets better, too, with some analysts predicting the rate could jump to 14% this summer.
Ready the Hoovervilles!
Oh, and prepare for the political finger-pointing, too!
Comments
By T3 on March 11th, 2009 at 12:21 pm
Thanks to Sanford (and the like)we have job opportunites in-the-making, left and right…oh wait, we don’t. Thank goodness we’re in a state where “El Direktor” Sanford cares more about his precious 2k12 run (the underdog story of the millenium)than job producing policies, and more importantly, compensating SC employees. Whatta guy…
Items on Sanford’s “Blame List.” (This would be how he explains his failure, and notice everything is now a national issue):
1-Obama
2-Obama
3-Wasteful spending, but does not outline where.
4-Stem Cell research (new one! Hooray!)
A very very short documentary should be written about this guy – sell it in the comedy section.
By Pat Hendrix on March 11th, 2009 at 1:26 pm
Thank God we have a guy like Mark Sanford running the show in Columbia. Can you imagine how bad it would be if someobody else was running the state? It might 50%.
Sanford/Palin 2012. An unstoppable force of blind ideaology and stupidity.
By Dusk McCoy on March 11th, 2009 at 2:05 pm
Too bad we can’t drill for oil off our own coast. Think of all the revenue oil exploration could bring to this state.
But then again, we might find ourselves energy independent.
I guess our leaders would prefer we be at the mercy of Saudi Arabia, Venezuela, and Russia for our obvious energy needs.
By fitsnews on March 11th, 2009 at 2:17 pm
Dusk,
Under the benevolent dictatorship of Sic Willie, our coastal waters would be drilled like Pam Anderson on her honeymoon video.
Not only that, all the product (and profits) would go directly to SC peeps … since we would have seceded from the union and implemented a loving, totalitarian regime based on TRUE free market principles.
America can go socialist all day long, but the benevolent dictatorship of the Sic One will kick the socialists out of our state and declare taxpayer independence!
Woo-hoo!
-FITS
By Pat Hendrix on March 11th, 2009 at 3:39 pm
Snicker, yep, drilling for natural gas will solve these problems.
“The U.S. Minerals Management Service estimates that oil quantities off the South Atlantic region (S.C. to mid-Florida) are at 410 million barrels, or a 20-day supply at current levels of U.S. consumption.”
That’s for the entire Southeast, fellas.
Awesome. Can’t wait to get rich and break that energy dependence – for 20 days.
SC’s problem is that it’s corrupt and backwards. I see nothing on this blog – talk of succession, anyone? – that would suggest a deviation from anything tried from April 1670 to this very moment. Sic just wants to rearrange the deck chairs on the CSA Lunacy.
“but too small to be its own country…” You know the other half of the quote.
By Dusk McCoy on March 11th, 2009 at 5:35 pm
Pat,
The amount of natural gas off the coast of South Carolina is debatable. Depending upon whose propaganda you read,the Atlantic coastline offers potentially more natural gas and “gas hydrates” than previously thought. Your numbers are based on older methodologies of oil deposit estimations which may not be as accurate as newer survey techniques.
Now if methane capture techniques were more efficient, I’d say Washington, D.C. would be a far greater source of energy than our pristine waters…
By Pat Hendrix on March 11th, 2009 at 8:38 pm
Okay, double the number for the entire SE Coast. No, let’s say that it’s four times that amount. Do the math. It’s throwing a chair off the deck of the Titanic.
Look, not that I’m an expert on these matters, but my three biggest clients are oil companies. I’ve never heard a single person in those companies that thinks that the US has suffcient reserves to put a dent into the problem. Actually, it’s the foreign reserves of oil that’s worrying.
I don’t know the answer. I’ll be working in Indiana next week on a windfarm project. That the answer? Dunno. Let’s hope that we can diversify our sources energy suffciently to mitigate the problem. If drilling was a portion of that solution, hell yes. But it’s not the answer in itself – certainly not for what plagues this state.
Best,
Pat
By James the Foot Soldier on March 11th, 2009 at 9:56 pm
Here’s a faster way to energy independence and one that would make electricity our state’s number one export:
require every new home built to have a geothermal hvac system
require every new home built to enough solar panels to cover its peak load
build a new nuclear power plant every five years (NC/GA/TN will all be BEGGING for that juice)
and while we’re at it – let’s put up some windmills – but fuk the windfarms – put them up on land the guv’ment already owns – the medians of every interstate criss-crossing our state.
By Serrano on March 12th, 2009 at 8:07 pm
SC has MANY uneducated people who don’t make very motivated workers.
If someone wants to hire illiterates they can have all they want. Retail sales are (mostly) reliant on people buying what they don’t need, so they evaporate during tough times.