SC Labor Participation Rate Slips
South Carolina’s labor participation rate is once again hovering near record lows – slidYou must Subscribe or log in to read the rest of this content.
South Carolina’s labor participation rate is once again hovering near record lows – slidYou must Subscribe or log in to read the rest of this content.
6 comments
The labor participation rate is the percentage of a state’s (or country’s) working age population that is either employed or actively searching for a job. It’s a critical – and often overlooked – data point in assessing true employment growth.
How is “labor participation” determined? Does S.C. have “sitting on your fat ass meters”?
Actually the numbers look pretty good. I researched this my self (web numbers of course) and came up with actual unemployment figures of around 20-25%.
My numbers include prisoners, jailbirds, retirees and the like. I posted my results on this site. Some article about Obonehead. I think it’s actually pretty close.
The labor participation rate is the percentage of a state’s (or country’s) working age population that is either employed or actively searching for a job. It’s a critical – and often overlooked – data point in assessing true employment growth.
How is “labor participation” determined? Does S.C. have “sitting on your fat ass meters”?
Actually the numbers look pretty good. I researched this my self (web numbers of course) and came up with actual unemployment figures of around 20-25%.
My numbers include prisoners, jailbirds, retirees and the like. I posted my results on this site. Some article about Obonehead. I think it’s actually pretty close.
Help us revive the the South Carolina Textile Industry. 1,000 pairs of overalls a week equals 44 full time jobs paying $14 per hour facebook / libertydenimusa
Help us revive the the South Carolina Textile Industry. 1,000 pairs of overalls a week equals 44 full time jobs paying $14 per hour facebook / libertydenimusa