Thursday, December 16, 2010

Employment in Greenville Improving Faster than State, Nation

The employment forecast for the Greenville area is improving according to a report in the Greenville News. Economists see a developing trend where unemployment in Greenville County tracks below the state and national average in 2011.

According to Bruce Yandle, Clemson University Economist, "Greenville is already doing better than the state in the recovery."

According to the Greenville News, the county's jobless rate is at 8.7 percent, below the national rate of 9.3 percent and the state rate of 10.7 percent, and dramatic improvement over the county's 11 percent unemployment rate one year ago.

Economic development and job creation in the automotive sector is widely credited with the employment improvement in the Greenville area.

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