South Carolina's June unemployment rate hit its lowest level since July 2001.
“It has been 15 years since our unemployment rate has been this low," South Carolina Department of Employment and Workforce executive director Cheryl Stanton said. "Businesses are putting their trust in us that we can provide them with a skilled workforce as they create new jobs by expanding or opening new facilities across the state. And as we reached a new record high for the number of people working, we can do more by filling the available jobs and getting the 126,000 unemployed working.”
South Carolina’s seasonally adjusted unemployment rate dropped to 5.4 percent in June. This is down from 5.6 percent in May, the state’s lowest percentage since July of 2001.
With 109 people finding work in June, the state’s employment level climbed to the highest in history, reaching 2,185,181. The number of unemployed citizens dropped to 125,591 in June, decreasing by 4,270. This decreased the labor force to 2,310,772, which is down 4,161.
So far in 2016, 67,545 individuals have been employed at various jobs. The number of unemployed South Carolinians decreased by approximately 7,250.