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S.C.’s jobless rate soars to 6.9 percent
|Contributor||Joshua L. |
|Last Edited||Joshua L. Nov 26, 2005 10:17am|
|Media||Newspaper - The State|
|News Date||Saturday, November 26, 2005 06:00:00 PM UTC0:0|
|Description||Only two other states have higher unemployment rates; every county in S.C. has higher rate than the national average. |
South Carolina’s unemployment rate rose to 6.9 percent in October, the first time in at least 15 years that every S.C. county had jobless rates above the U.S. average.
Lexington County, home to the state’s lowest jobless rate — proved to be the tipping point. Its 5.2 percent unemployment rate ranked lowest in the state but above the nation’s 5 percent rate.
Like the rest of the state, Lexington’s job growth was not fast enough to keep up with number of people looking for work.
The county’s growth might have slowed, and some stay-at-home parents might be starting to look for work to cover rising gas and heating costs, said Smokey Davis, a West Columbia financial consultant and a Republican member of Lexington County Council.