ThinkSouth -- a weblog of the Center for a Better South

3.12.2009

Job loss in South Carolina

SOUTH CAROLINA: Jobs leaving South Carolina at a fast rate

State economists are concerned about jobs in South Carolina, as the state has the fastest growing unemployment rate in the nation. Don Schunk, a research economist at Coastal Carolina University, said, "The speed with which things have deteriorated is unprecedented."

Economists don’t see a silver lining. As more people worry about job losses, they reduce spending. That leads to a decline in business, which causes more job cuts.

“There’s nothing in the short term that shows things are going to slow down,” Schunk said.


Also in the South:

ALABAMA: State employee furloughs approved by Personnel Board

ARKANSAS: House committee kills bills on third-party and independent candidates

FLORIDA: State Senators want to post government spending on Website

GEORGIA: Long 'crossover day' expected in legislature today

KENTUCKY: House wants to dump Commonwealth Accountability Testing System

LOUISIANA: PETA wants Gov. Jindal to create "Chicken Empathy Museum"

MISSISSIPPI: Governor to consider red light camera ban, limit on eminent domain

NORTH CAROLINA: Unemployment hits 9.7% in state

TENNESSEE: Stimulus funds to help fight crime in state

VIRGINIA: More legislators join in drive to oust state GOP chairman

Opinion:
Gail Kerr: Where's the common sense from Tennessee legislators?
"Welcome to Tennessee, where it's debatable whether driving while looking down is a bad idea, but bringing a commemorative bottle of wine home from vacation is a crime against the state."

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