South Carolina’s seasonally adjusted unemployment rate fell in 2017 to an average of 4.3% compared to a rate of 5% in 2016, according to the Bureau of Labor Statistics’ re-estimated unemployment data.
The state was home to more than 2.22 million workers as of December, thanks to a rise of 21,310 people throughout the year.
Unemployment figures decreased throughout the first six months of 2017, and the level remained nearly flat through December, ending the year with 97,879 unemployed.
The labor force increased by about 15,519 during the year to reach approximately 2.32 million people.
Re-estimated data from the 24-month period of January 2016 to December 2017 showed the state’s employment level increased by approximately 57,415 people.
The Bureau of Labor Statistics annually re-estimates labor force data to take advantage of newly available information related to unemployment claims, population changes, nonfarm employment and other variables.
The Bureau of Labor Statistics’ numbers and a chart comparing the new data against previously reported findings can be seen here.