South Carolina unemployment rate dropped to 5.5% in March, report says

College of Charleston economist Frank Hefner said the state saw 39,000 additional jobs in March, a sign of good growth that nearly follows the 2 percent jobs growth predicted.

“We are there in terms of the growth we have had, and we should continue to see declines in the unemployment rate, especially given the labor force is less this year than last year,” he said. “We have more jobs and fewer people that are in the market, so the unemployment rate should continue to drop.”

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