April saw historic declines for the labor market, with a total of 20.5 million jobs lost for the month. The unemployment rate increased to 14.7%, but the broader measures reflect even more extensive losses with 33.5 million jobless claims filed over the last seven weeks. NAHB is expecting even higher unemployment numbers in May. Despite the labor market plunge in April, housing demand showed some recent signs of optimism. Purchase applications for mortgages staged a small but positive set of improvements
The S.C. Department of Employment and Workforce is excited to partner with employers and your workers as you begin to bring the state’s economy back to life. Just like our journey through COVID-19 so far, we know that there will be a lot of uncertainty as we begin the reemployment process, but our agency is here to be a partner through this transition. While many South Carolinians will be relieved and excited to return to the security of long-term employment, we know there will be some who still have
Effective immediately, the South Carolina Department of Labor, Licensing and Regulation (LLR) is extending the license renewal deadline for licenses, registrations, and permits scheduled to renew during the months of April, May, June, July, and August. The new renewal deadline is extended to September 30, 2020. “We recognize the toll that this virus is taking on South Carolinians, and we are committed to doing all that we can to support them during these challenging times,” said Gov. Henry McMaster.