Seasonally adjusted initial UI claims down in S.C.

In a report released today, The U.S. Department of Labor says seasonally adjusted initial unemployment claims have dropped compared to last week.

In the week ending Dec. 26, the advance figure for seasonally adjusted initial claims was 432,000, a decrease of 22,000 from the previous week's revised figure of 454,000. The 4-week moving average was 460,250, a decrease of 5,500 from the previous week's revised average of 465,750.

It's interesting to see what was noted for South Carolina...

The state has a decrease in initial claims of 1,740. What has helped with this decrease?

SC

-1,740

Fewer layoffs in the manufacturing industry.