By FITSNews || South Carolina’s unemployment rate remained stuck at 12.6 percent in January – a record-high – although the figure technically represents only a slight increase from December’s rate, which was was revised downward to 12.4 percent.
Obviously, South Carolina is benefiting from the same unemployment “adjustments” that masked a jump in the nation’s unemployment (and under-employment) rate last month.
The Palmetto State’s unemployment rate remains the fourth-highest in America.
According to data released by the embattled S.C. Employment Security Commission, the state’s economy shed another 4,600 jobs in January (pushing the total number of statewide, recession-era job losses to 114,500). That means a record 273,455 South Carolinians are out of work – and that’s before you start counting the state’s “under-employed.”
For the first time since the recession began, government jobs saw a sharp decline in January – down by 4,500. Of course, the total number of government jobs (354,300) is still up – by 5,100 positions – from January 2009.
Unemployment data for February will be released in two weeks.
WEB EXTRA
January 2010 S.C. Unemployment Data
By Tsunami March 18, 2010 at 5:22 pm
One year after spending $787 billion to stimulate the national economy, the unemployment rate in South Carolina has risen from 10% to 12.6%. A record 273,455 South Carolinians are unemployed.
We have two of the most influential Democrats representing us in the House.
When are we going to be rewarded for our loyalty to them?
By FactChecker April 14, 2010 at 9:19 am
See my comment at palmetto scope, unless its been deleted since its a
“conservative” newspaper by the way I am no “arrogant liberal”.
The truth of the matter is that “conservatives” have long toted “South Carolina” as the “prosperous” and state to follow, South Carolina is low tax, “right to life” , has one of the lowest welfare benefits in the nation, and is a “right to work” state.
On top of that South Carolina gets much more money than it sends to the IRS.
So the solution, refuse to accept that you are wrong and blame obama as a pogom, its no surprise that recession largely happened under Bush before obama was elected, and politicians like phill gramm who supported deregulation and speculated banking are the same ones who touted south Carolina as the “model economy”.
Sounds like whining liberals (replace with conservatives) to me who will resort to comments like libtards and socialists.