Unemployment in SC jumps to 11 percent in August- AP

College of Charleston economist Frank Hefner said that “structural unemployment” doesn’t go away after the recession ends.

“That’s the mismatch between the jobs and the candidates and that unfortunately is always a long-term problem,” he said. “The jobs that have been lost, will those exact jobs be replaced? That’s the question or are other jobs being generated and then the people that lost theirs aren’t qualified or in the right location.”

http://www.businessweek.com/ap/financialnews/D9ICEKTO0.htm

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