Unemployment Lowered

  LaurensCounty’s unemployment rate improved in November, dropping from 8.2% in October down to 8.1% in November. That’s down a full percentage point from the 9.1% for November, 2011.

 That gives Laurens County a slightly better unemployment rate that the state’s rate for November. It fell to 8.3 percent from 8.6 percent in October.

This marks the fourth consecutive month that South Carolina’s seasonally adjusted unemployment rate dropped.

  Nationally, the unemployment rate also fell from 7.9 percent in October to 7.7 percent in November. This was caused mainly by a drop of 350,000 in the overall labor force.

   Governor Nikki Haley said “We’re headed in the right direction. But we can’t stop now. We’re pleased to see our state’s unemployment at a four-year low, but we understand there is work to do for us to make sure that number continues to drop. And that’s where our focus will be in the coming year.”

   This November’s rate represents 2,452 unemployed workers. State statistics indicate that 27,779 Laurens County residents are employed out of an official work force of 30,231 in Laurens County.

  SpartanburgCounty’s rate was also 8.2% in November, but that represents an increase from 8.1% in October.GreenvilleCountyrose from 6.4% to 6.6%.AndersonCounty’s rate went up form 7.9% to 8.0%, Abbeville County went up from 9.9 to 10.1%.SaludaCounty’s rate dropped from 7.1 to 6.7%.

 Newberry County, still with lower unemployment that Laurens, rose from 7.4 to 7.5%.

GreenwoodCounty’s rate dropped in November from 9.5 to 9.3%.  Still highest of our neighboring Counties,UnionCounty’s unemployment rate dropped from 12.7% in October to 12.6% in November.

Since October 2012,South Carolina’s nonagricultural employment (not seasonally-adjusted) increased 7,100 to 1,880,900. In the last year, the number of jobs in the state was up 33,200 (about 1.8 percent), while the number of jobs in theU.S.grew by 1.4 percent.

 With the Christmas holidays rapidly approaching, increased hiring in Retail Trade pushed the Trade, Transportation and Utilities industry up by 1.5 percent or 5,500.

 Other positive employment trends were Government (+3,100), Education and Health Services (+1,200), Manufacturing (+1,100), Information (+200) and Financial Services (+100).

 There were some industries that lost employment since October 2012: Leisure and Hospitality (-2,200 jobs); Professional and Business Services (-1,400); and Construction (-700).