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SC agency to release jobless numbers for February

Mar 26, 2010 4:10:00 AM - thestate.com
South Carolina employment officials are set to release the state's jobless rate for February.

Friday's release follows news earlier this month that January's unemployment rate was a record-high 12.6 percent.

South Carolina's persistently high jobless rate has been among the nation's worst for more than a year. The rate was 11 percent last February and some economists have predicted it could go as high as 14 percent.

The record number of South Carolinians out of work forced the state to borrow money from the federal government to pay unemployment benefits.

Lawmakers are revamping the agency responsible for collecting unemployment taxes and paying benefits and are expected to move those functions to a new cabinet-level agency under the governor's control.

USA, South Carolina: (Latest Stories)