SC unemployment drops another half point in Oct. - FOX Carolina 21

SC unemployment drops another half point in Oct.

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COLUMBIA, SC (AP) -

The South Carolina unemployment rate dropped by half a percentage point for the second month in a row.

The state Department of Employment and Workforce said Tuesday that the October jobless rate fell to 8.6%. That's 1.5%age points lower than a year ago. It's the lowest rate in nearly four years.

In September, South Carolina's unemployment had fallen to 9.1%, mirroring a nationwide trend of falling jobless numbers.

In October, national unemployment moved up slightly to 7.9% as more people looked for work.

Government jobs in South Carolina increased by about 5,000 in October. There were other gains in trade, financial services and education.

But the hospitality industry posted 400 jobs lost because of seasonal drops.

Copyright 2012 The Associated Press. All rights reserved.

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