Expert expects SC jobless rate to inch upward

By: Associated Press
By: Associated Press

September 18, 2009

COLUMBIA, S.C. (AP) -- A month after South Carolina's unemployment posted its first decline in more than a year and a half, one expert says he expects the jobless rate to start going back up.

Unemployment numbers for August are expected to be released Friday. In July, South Carolina reached 11.8 percent unemployment, well above the national average of 9.4 percent, and rated sixth-highest in the country.

Coastal Carolina University economist Don Schunk says the state's rate could top 12 percent for August. But Schunk also says that uptick is due in part to people who had quit looking for work now resuming their searches.

He says he thinks South Carolina's jobless rate could keep going up for at least another year.

(Copyright 2009 Associated Press. All rights reserved.)


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