South Carolina’s Employment Situation December 2012
January 18, 2013
SOUTH CAROLINA – January 18, 2013 – The state’s seasonally adjustedunemployment rate increased slightly to 8.4 percent in December from8.3 percent in November. The rate was 1.2 percent lower than theDecember 2011 rate of 9.6 percent. The rate was 1.2 percent lower thanthe December 2011 rate of 9.6 percent.
Over the month, the number of employed improved by 5,325 to 1,969,560.The number of unemployed grew since November by 3,211 to 180,032 inDecember, and the labor force expanded by 8,536 to 2,149,592.
SC Department of Employment and Workforce Executive Director AbrahamTurner’s Statement on State’s December Unemployment Rate: “Typically, we see a small decrease in employment in December because of seasonaldeclines in the Leisure and Hospitality, Professional and BusinessServices, and Government sectors. Nonetheless, I am encouraged as thestate’s overall job growth trend throughout 2012 was at a pace similarto historical levels before the recent recession. This is welcomed newsas we move forward in 2013, when DEW will continue partnering closelywith businesses and jobseekers to put South Carolinians back to work.”
Nationally, the unemployment rate remained at 7.8 percent, with roughly 28,000 more Americans working and 164,000 additional people searchingfor work.
South Carolina’s nonagricultural employment (not seasonally adjusted)fell 5,800 from November to December 2012, reaching 1,874,300. This wasthe first decline since July 2012. Since a year ago, non-farm jobs wereup 31,500 or 1.7 percentage points, compared to a national increase of1.4 percentage points.
Employment by Industry
- Although overall payroll employment declined in December, severalindustries saw growth: Trade Transportation and Utilities (+2,400),Education and Health Services (+1,100), and Construction (+700). Modestincreases were seen in Financial Activities (+300) and Information(+100). In addition, retail trade demand remained high, and health careneeds continued in a positive direction during the month.
- Leisure and Hospitality fell 5,900 due to a drop in demand for arts, entertainment, and recreation, as well as accommodation and foodservices. Local government services and employment services demand wasalso down during the month causing a drop of 2,300 in Government and1,700 in Professional and Business Services.
