State's unemployment rate at record low
- Author: Annette Adams Jun 21, 2017,
Jun 21, 2017, 1:44
The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state's seasonally adjusted unemployment rate fell from 4.3% in April to 4.1% in May.
The following is a list of Henderson County and its neighbors, their May unemployment rate, followed by the April rate.
Fro the second consecutive month, manufacturing posted the largest private sector losses of any industry, down 700 jobs or 2.6 percent.
Albany County's unemployment rate increased slightly over that same period, from 2.6 percent to 2.8 percent. Across the nation, the rate of unemployment for the Month was 4.3 percent.
The overall state rate in May was 3.2 percent (down from 3.6 percent), way below the national rate of 4.3 percent in May (down from 4.4 percent). The comparable US unemployment rate was 4.1 percent, with the seasonally adjusted rate for May at 4.3 percent. The largest unemployment rate decreases occurred in Teton (down from 4.9% to 3.8%), Park (down from 4.4% to 3.9%), Lincoln (down from 4.1% to 3.7%), and Johnson (down from 4.3% to 3.9%) counties.
"With the state's unemployment rate at a near-17-year low, it's as important as ever that we continue to broaden the scope of our workforce development initiatives and ensure that South Carolinians are trained and ready when they enter the labor force", Gov. Henry McMaster said. Richland County had the state's 14th lowest unemployment rate, of 46 counties. Lawrence County's rate improved over last year's benchmark of 5.4 percent. A total of 200 people was looking for work in May, down 10.3 percent from April (down 36.3 percent since May 2016). In April, Steele County's rate stood at 3.5 percent, compared to Freeborn County at 3.7 percent.
Joblessness is higher in the Buffalo Niagara region than it is both statewide and across the country. It was up from 2.9 percent in April and down from 4.8 percent in May 2016. It was up from 2.2 percent in April and down from 3.6 percent in May 2016.
At the same time, the number of people who had jobs dropped by 1 percent. Austin's went to 2.7 percent last month, down slightly from 2.8 percent the month before.