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S.C. businesses add more than 3,000 jobs in January

Staff Report //March 12, 2018//

S.C. businesses add more than 3,000 jobs in January

Staff Report //March 12, 2018//

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South Carolina businesses added more than 3,000 jobs in January, according the latest report from the S.C. Department of Employment and Workforce. A majority of the jobs fell into the manufacturing and trade, transportation and utility sectors.

The unemployment rate edged up for the third consecutive month from 4.2% in December to 4.3% in January. The number of people working in the state increased by 463 people to 2,221, 308.

The number of unemployed people increased by 2,299 to 100,178. The state’s labor force increased to 2,321,486 workers, an increase of 2,762.

Nationally, the unemployment rate was unchanged, remaining at 4.1% in January.

Since 2017, the state’s labor force has grown by 18,281 workers, and employment gains totaled 21,773. The level of unemployed people decreased by 3,492. Seasonally adjusted nonfarm payrolls increased by 3,100 in January to 2,113,100, led by an additional 3,100 jobs in the manufacturing industry. Trade, transportation and utility added 2,400 jobs.

Several industries saw losses, including professional and business services (-1,800), other services (-1,000), and financial activities (-500).

“Businesses continue to add jobs at a record pace. People are finding jobs and others are entering the labor force to take advantage of the state’s economy. With more than 61,000 jobs available across the state, DEW is preparing residents to be able to succeed in those jobs,” Cheryl Stanton, executive director of the SCDEW, said in a statement.

Unemployment continued to rise slightly in every county in the state last month.

In the Midlands, Richland saw an increase from 4.3% to 5%, while unemployment in Lexington rose from 3.7% to 4.2%. In January 2016, Richland’s unemployment rate stood at 4.7% and Lexington’s at 3.9%.

In the Lowcountry, Berkeley and Dorchester counties saw unemployment rise from 3.7% to 4.4%. Charleston County, which had the lowest rate in the state, rose from 3.3% to 4%.

In the Upstate, unemployment rose in Greenville County from 3.6% to 4.3% and in Spartanburg County from 3.9% to 4.6%. Anderson County’s unemployment rate rose from 3.9% to 4.7%.