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South Carolina's Employment Situation June 2019

by Dorothy Weaver | Jul 19, 2019

For Immediate Release
July 19, 2019

 

South Carolina’s Employment Situation    
June 2019

 

Number of South Carolinians Working Sets Another Record
Payroll Employment Levels Continue Upward Trend

I. Household Survey1

Employment: The monthly survey of households across the state estimated the number of South Carolinians working moved significantly higher, establishing a new record of 2,291,363.

  • That is an increase of 5,393 people over May.
  • That is also an increase of 50,799 people over June 2018.

Unemployment: Unemployment estimates increased to 83,495 people.

  • That is an increase of 844 people since May 2019 and an increase of 6,054 over June 2018.
  • With that increase, the state’s seasonally adjusted unemployment rate showed no change over the month, remaining at 3.5 percent.
  • Nationally, the unemployment rate increased to 3.7 percent from May’s estimate of 3.6 percent.

Labor force: The state’s estimated labor force (people working plus unemployed people looking for work) increased to 2,374,858.

  • That increase continues an upward trend for the sixth consecutive month.
  • That is an increase of 6,237 people since May.
  • That is an increase of 56,853 individuals over June 2018.

II. Current Employment Survey2

Nonagricultural Payroll Employment by Industry (Seasonally Adjusted3)

The Current Employment Survey of businesses in South Carolina marked an increase of 2,000 nonfarm payroll jobs over the month to a record high level of 2,179,800.

  • Industries reporting increases in employment were reported in Construction (+1,300); Trade, Transportation and Utilities (+800); Government (+800); Financial Activities (+300); Other Services (+200) and Leisure and Hospitality (+100).
  • Decreases were noticed in the Education and Health Services (-700); Manufacturing (-300); Professional and Business Services (-300) and Information (-200) industries.

From June 2018 to June 2019, South Carolina’s economy has added 35,900 seasonally adjusted nonfarm jobs.

  • Industries marking strong growth were Trade, Transportation, and Utilities (+7,500) Manufacturing (+7,100); Leisure and Hospitality (+6,900); Government (+6,200); Education and Health Services (+5,000); Professional and Business Services (+1,800); Construction (+900); Financial Activities (+800); and Other Services (+500).
  • Decreases were seen in Information (-800).

Nonagricultural Employment by Industry (Not Seasonally Adjusted4)

Not seasonally adjusted, nonfarm payroll jobs increased by 8,500 from May 2019 to June 2019, for a total of 2,197,000. Growth was concentrated in the service-providing industries. The most prominent gain was in the Leisure and Hospitality (+6,000).

  • Industries that saw steady upward movement were Trade, Transportation, and Utilities (+3,900); Construction (+3,600); Other Services (+1,400); Financial Activities (+1,200); Professional and Business Services (+1,100); and Mining and Logging (+100). Information remained stagnant.
  • Industries reporting declines were Education and Health Services (-4,000); Government (-4,000); and Manufacturing (-800).

     

    Since June 2018, not seasonally adjusted nonfarm jobs were up 33,200 overall in South Carolina.

    Industries marking strong annual gains were Leisure and Hospitality (+7,500); Manufacturing (+6,300); Trade, Transportation, and Utilities (+6,200); Government (+5,900); Education and Health Services (+4,100); Construction (+1,400); Professional and Business Services (+1,000); Financial Activities (+900); Other Services (+700) and Mining and Logging (+100).

  • The only industry reporting a decline was Information (-900).

1Household Survey (Current Population Survey): is a monthly survey of about 60,000 households conducted by the Census Bureau for the Bureau of Labor Statistics. This survey provides monthly statistics on employment, unemployment, and related subjects analyzed by the Bureau of Labor Statistics.

2Current Employment Statistics Survey: is a monthly survey of about 40,000 employers which yields estimates of nonagricultural wage and salary employment, hours, and earnings by industry.

3Seasonally Adjusted: Seasonal adjustment removes the effects of events that follow a more or less regular pattern each year (i.e. tourist-related hiring and school closings in the summer). These adjustments make it easier to observe the cyclical and other nonseasonal movements in data over time.

4Not Seasonally Adjusted: Effects of regular or seasonal patterns have not been removed from these data.










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