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Small Town SC Job Losses

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BI-LO STORES SHUTTING DOWN IN CHERAW, BENNETTSVILLE

By FITSNEWS || Is it a “great day in South Carolina?”

Not if you live in Cheraw or Bennettsville, S.C.  These two rural towns are reeling after a recent announcement from Bi-Lo – a regional grocery store chain that operates roughly 200 supermarkets in Georgia, North Carolina, South Carolina and Tennessee.

According to reporter Mary Edwards of WMBF TV (NBC – Myrtle Beach/ Florence, S.C.), Bi-Lo is shutting down stores in Cheraw and Bennettsville – a move that will leave 130 employees out of work.

The job losses are coming sooner rather than later, too, with the store’s regional public relations manager telling Edwards the stores will be closing prior to November 19 of this year.

Happy Thanksgiving, right?

South Carolina’s economic situation is not what S.C. Gov. Nikki Haley claims it is.  It’s worse.  Much worse.  In fact the state’s labor participation rate in August was 57.9 percent – the sixth-lowest rate in America.

That means only 57.9 percent of the state’s working age population is employed or actively looking for a job.

Since taking office in 2011 Haley has celebrated plenty of government-subsidized “jobs” announcements, to be sure, but these bailouts (which don’t always pan out) come at a cost to individual taxpayers, small businesses and our state’s broader consumer economy.

Look no further than Cheraw and Bennettsville for proof of that …

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