As of November 2009, the seasonally adjusted unemployment rate for South Carolina remained, at 12.3 percent, the third highest in the country. Michigan with 14.7 percent and Rhode Island with 12.7 percent were the two other states with higher unemployment rates. Since the last recession of 2001, South Carolina has been consistently ranked as one of the states with the highest unemployment rate. However, many analysts have questioned the accuracy of the official unemployment rate, and its ability to capture the phenomena of unemployment. more
The Division of Research (Division) at the Darla Moore School of Business, University of South Carolina, supports the research programs and facilitates the research efforts of the School's faculty. The Division also reaches beyond the academic environment into the public and private sectors of the state of South Carolina. By conducting applied practical research on timely business and economic topics, the Division has become a recognized center of expertise on issues associated with the state's economy. Some of the Division's work is summarized in its studies.