South Carolina’s seasonally adjusted unemployment rate increased in September to 3.2 percent from August’s estimate of 3.1 percent, according to the state Department of Employment and Workforce.
But DEW Executive Director Dan Ellzey found positive news in the data.
“Wages in South Carolina are at an all-time high and the state is overflowing with job opportunities,” Ellzey said. “While unemployment has edged up slightly and employment has dropped, overall, the numbers have remained steady and strong for the last several months.”
“So how do we move the state’s job situation from great to better? We start with the available job openings. There are more than 106,000 jobs posted in SC Works Online Services (SCWOS). You pair that with the average hourly earnings at $28.59, and you have an ideal combination for a jobseeker,” Ellzey added.
According to DEW:
The seasonally adjusted, monthly survey of households estimated the number of South Carolinians working decreased to 2,315,768. That is a decrease of 4,431 people over the August estimate. That is an increase of 35,534 people over the September 2021 estimate.
The estimate of unemployed people increased to 75,424. That is an increase of 903 people from August’s estimate and a decrease of 13,958 over the September 2021 estimate.
The state’s estimated labor force (people working plus unemployed people looking for work) decreased to 2,391,192 from August’s level of 2,394,720. That is a decrease of 3,528 people over the August estimate. That is an increase of 21,576 individuals over the September 2021 estimate.
The monthly survey of businesses in South Carolina marked an estimated decrease of 1,400 nonfarm payroll jobs over the month to a level of 2,240,900.
Industries that reported gains were professional and business services (+1,600); information (+600); education and health services (+600); financial activities (+500); and manufacturing (+100).
Trade, transportation, and utilities (-3,400); construction (-800); government (-400); and other services (-200) industries declined.
Leisure and hospitality marked no change.
From September 2021 to September 2022, South Carolina’s economy has picked up 91,100 seasonally adjusted, nonfarm jobs.
Industries with strong growth were trade, transportation, and utilities (+23,100); leisure and hospitality (+17,900); professional and business services (+13,300); manufacturing (+12,400); education and health services (+8,100); financial activities (+6,900); other services (+5,800); government (+3,200); and information (+2,900).
The construction industry declined (-2,900).