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SC jobless rate unchanged for 2nd month - Live5News.com | Charleston, SC | News, Weather, Sports

SC jobless rate unchanged for 2nd month

COLUMBIA, SC (WCSC) -

For the second month in a row, South Carolina's seasonally-adjusted unemployment rate is holding steady at 5.3 percent.

The state's Department of Employment and Workforce estimates 2 million South Carolinians are working.

“35,000 more South Carolinians are working today than a year ago, and this is more evidence that South Carolina's economy continues to strengthen,” SCDEW Executive Director Cheryl M. Stanton said. “With nearly 60,000 available jobs, the future of the Palmetto State is bright.”

Since June, 2013, South Carolina has experienced the most job growth in the categories of professional and business services, which added 11,400 jobs; leisure and hospitality, which added 8,100; and manufacturing, which hired an additional 7,800. The financial services category recorded the biggest decline in year-to-year jobs, removing 1,500 people from payrolls, according to statistics from the agency.

The unemployment rate in South Carolina dropped by 2.5 percentage points since June, 2013, the agency says. The national unemployment rate declined from 6.3 percent in May to 6.1 percent in June.

South Carolina's monthly employment rate is seasonally-adjusted to compensate for the effects of regular patterns like tourism jobs and summertime school closings.

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