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Unemployment in South Carolina remained steady in June

Christina Lee Knauss //July 24, 2023//

Unemployment in South Carolina remained steady in June

Christina Lee Knauss //July 24, 2023//

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South Carolina’s unemployment rate remained steady in June at 3.1%, according to data released July 21 by the South Carolina Department of Employment and Workforce.

During June, the estimate of unemployed people in the state increased to 76,138, an increase of 577 people from June’s estimate and an increase of 320 from the June 2022 estimate, according to the DEW report.

The seasonally adjusted monthly survey estimated the number of South Carolinians working increased to 2,351,445, a significant increase of 12,560 people over the May 2023 estimate. That is an increase of 53,300 people over the June 2022 estimate.

Nationally, the unemployment rate decreased from May’s rate of 3.7 percent to 3.6 percent, according to the Current Population Survey from the U.S. Census Bureau.

South Carolina’s estimated labor force, which includes people working plus those looking for work, increased to 2,433,583, an increase of 13,077 people over May’s estimate, according to the report. This is also a significant increase of 53,620 people over the June 2022 estimate. people over the 2022 estimate.

During June, there was an estimated increase of 6,200 nonfarm payroll jobs over the month to a level of 2,304,100. Industries that reported gains were government, education and health services, construction, other services, financial activities and information.

Leisure and hospitality, trade, transportation and utilities, manufacturing and professional and business services industries declined.

From June 2022 to June 2023, South Carolina’s economy has picked up 62,900 seasonally adjusted, nonfarm jobs.

 

 

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