South Carolina's unemployment rate fell to a five-year low of 8 percent
in April from 8.4 percent in March, the largest month-to-month decrease in more
than 25 years.
The jobless rate is the lowest since October 2008 and represents the largest month-to-month decrease since May 1987.
The number of employed people increased by 2,935 from March to April to 1,995,078. This is the tenth consecutive monthly increase in people finding work across the state. The estimated number of unemployed persons was 174,352. Nationally, the unemployment rate declined slightly to 7.5 percent.
"This drop in unemployment is yet another piece of great news for South Carolina," Gov. Nikki Haley said. "Our outstanding companies, our loyal and dedicated workforce, and our competitive business environment have our economy turning again. There's no doubt that South Carolina is on the move, and we couldn't be more excited about the great things in store for our state."
(c)2013 The Post and Courier (Charleston, S.C.)
Visit The Post and Courier (Charleston, S.C.) at www.postandcourier.com
Distributed by MCT Information Services
Most Popular Stories
- Twitter Coming to Phones Without Internet
- Twitter Names Woman to Board
- Obamacare Doing Just Fine, Ky. Governor Says
- Rand Paul Signs up for Obamacare
- Thalia Gets Star on Hollywood Walk of Fame
- How to Arm Yourself Against CryptoLocker Virus
- World Cup Draws: Coaches, Players Offer Insights
- Hispanic Employment Improves in November
- Trapped Florida Whales Head for Deeper Waters
- Aspen Contracting Adding 300 Jobs