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Colleton has record amount of people working

Colleton County’s unemployment rating continues to drop, creating a year-long downward spiral that shows big workforce gains and more local security.
According to the Employers Association of South Carolina (EASC), an employment monitoring agency, Colleton County’s most recent unemployment rating is sitting at 6.6 percent. This is a full point lower than the January 2015 rating of 7.7 percent: the January time frame is the most recent month of research done by the EASC.
James Broderick, a Walterboro City Councilman who is running for the District 121 seat in the South Carolina House of Representatives, says city and county officials have been working together for some time to increase the number of local people working.
“We have been working together to lure employers to the area,” he said. “We are working hard building capacity in our water and sewer treatment facilities … business loop improvements, airport infrastructure, and recreational facilities to make sure that we have the environment that will continue to attract business to our area, which will in turn create jobs in our community,” said Broderick.
“I will bring this same effort to Columbia when I am elected to represent SC House District 121,” he added.
Colleton is surrounded by counties reflecting good and bad unemployment rates.
Allendale County currently has the worst unemployment ranking in South Carolina, at 10 percent. However, this is still an improvement for Allendale from its January 2015 rating of 13 percent.
Marion is the second-worst rated county in the state, followed by Bamberg County.
On the opposite end of the unemployment spectrum is Charleston County, which has the best rating in South Carolina. Charleston currently has a 4.5 percent unemployment rating. Neighboring Dorchester County has an unemployment rating of 5.1 percent.
South Carolina as a whole has also improved its statewide unemployment rating. According to the EASC, South Carolina’s January rating remains “unchanged” at 5.5 percent statewide. “However, the number of people working increased by 10,853, setting a new record of 2,149,850, people,” the EASC states, in its monthly report.
“The state’s labor force increased by 11,070 to 2,274,500 people.
“Since January 2015, employment gains totaled 50,114 people … and the level of unemployed decreased by 22, 128 people,” the EASC monthly report states.
In the City of Walterboro, even the actual retail market demand is more than three times the “per capital income,” according to a retail study conducted by the city. This is “partly because the entire city is adjacent to I-95,” the study states, “with fast exits to downtown.”
Finally, the overall labor force throughout the state is growing, a reflecting the improved unemployment ratings in each county, according to the EASC.
About 124,000 people are currently unemployed in South Carolina.
Nationally, the unemployment rate is at 4.9 percent.

Heather Walters (747 Posts)