Unemployment rates, both locally and nationally, have increased significantly since mid-March due to the coronavirus pandemic and the forced closing of unessential businesses. South Carolina alone has surpassed 600,000 claims since the pandemic began.
Unemployment rates + claims ○ 12.1% – SC’s April 2020 unemployment rate ○ 2.5% – SC’s February 2020 unemployment rate ○ 582,265 – SC unemployment claims from mid-March to June 6 ○ 76,658 – The difference in unemployment claims between the weeks of April 11, 2009 and April 11, 2020 ○ $2.011 billion – Total amount of unemployment compensation paid in SC March 15-June 8
Unemployment claim comparison 2009 + 2020 | Graph via the SC DEW
Industry impact ○ 23% – Claims from the accommodation + food service industry ○ 18.8% – Claims from the manufacturing industry ○ 11.9% – Claims from the health care and social assistance industry ○ 10.7% – Claims from the retail trade industry ○ 2.8% – Claims from the educational services industry ○ 4.2% – Claims from other industries (including barber shops, nail salons, etc.)
Unemployment Insurance Trust Fund ○ $807.5 million – Unemployment Insurance Trust Fund balance as of June 8, 2020 ○ $1.05 billion – Unemployment Insurance Trust Fund balance as of June 30, 2019
○ Yesterday, SC Education Superintendent Molly Spearmanreleased the final recommendations from AccelerateED for how public schools will reopen safely. However, Spearman stated that if SC continues to increase cases of COVID-19 that face to face learning will be “extremely difficult” + while the recommendations are for all of SC, there will be flexibility for local districts to make adjustments that work best for them. View the full report here. (WLTX)
○ In response to pleas from those on the front lines during the current pandemic, two SC-based companies, ZVerseandPhoenix Specialty Manufacturing, have begun thinking outside of the box in order to manufacture supplies needed to aid hospital officials, doctors, nurses and others. Learn about their various technology initiatives here. (The Post and Courier)
○ The state of South Carolina is projected to lose a total of $278.4 million in state and local tax revenue as a result of low hotel and occupancy rates due to the pandemic. SC stands at 17th in the country for mostrevenue lost. (WCIV)
○ According to DHEC, South Carolina has seen a significant increase in positive COVID-19 tests from individuals under 30. DHEC’s data reveals that since April 4, the state has seen a 413.9% increase in positive cases from those 21-30 and a 966.1% increase in positive cases from those 11-20.
○ GOMED, the only mobile urgent care in South Carolina, is available to provide COVID-19 evaluation and testing for those in the greater Charleston area. For more information on GOMED locations and more, click here.
○ Recently, the Cruise Lines International Association announced that cruise lines have voluntarily extended the pause of ships leaving US ports through September 15. Additionally, Carnival Cruise Line has extended its pause through September 30. (WCIV)
Hey, there. Looking for today’s #MustDo events? In accordance with the
CDC’s recommendations regarding public gatherings, we have decided to postpone public event coverage for the time being. We look forward to bringing you Charleston’s #MustDo events soon (until then, feel free to submit your virtual events
This outdoor, socially distant concert series will take place every Friday + Saturday from 7-10 p.m. through July 25, featuring various local artists. The venue, located at 4201 Spruill Ave. in North Charleston, will be capped at 10% capacity, being able to host up to 500 guests.
Look at this aerial view showcasing the barriers that separate each attending group.
Announced ○ Arkonik Ltd. announced that the company has chosenCharlestonto be its first location in the United States, making it the first headquarters in North America. Arkonik specializes in custom Land Rover Defenders, serving a client base from all over the world. The corporation expects steady growth potential for the new location that will be in Berkeley County, which will focus on Special Vehicle Operations (SVO).
Development ○ The newest 22 WestEdgebuilding signified the completion of the first phase of the long-planned development with a recent opening that 78% of the building had been leased prior to. The 156,000 sq ft building will now move into phase two of development, with no plans to slow the momentum. See list of tenantshere.(The Post and Courier)
Edu ○ In light of the financial uncertainty that the current pandemic has created for many individuals throughout the community, Trident Technical College has announced that they will be offering free tuition on select career training programs come fall of 2020. For additional information on eligibility and more, click here. (WCBD)
ReOpening ○ Doar Bros(225 Meeting St.) announced that they will be reopening on Wed., June 24. After careful consideration, the co-owner of Doar Bros.+ histeam have established a system they believe will keep both staff and guests safe and comfortable. Learn more here.
Biz ○ Dorchester Paws(136 4 Paws Ln., Summerville)recentlyopened anew featurein their shelter – a free-roaming cat room. This addition not only allows the cats more freedom to play, but alsogivespotential adopters a chance to interact with the cats prior to adoption.Learn more here. (WCIV)
Cause ○ On June 19, 11 SC Zaxby’s restaurant locations participated in a fundraiser that raised over $15,000 to benefitCoastal Crisis Chaplaincy. The mission of the CCC is to provideassistance to first responders, individuals and the community. If you are interested in donating to the Coastal Crisis Chaplaincy, click here.
PlanAhead ○ Do you have a high school student wanting to develop real-world and professional skills that will set them apart from other college applications? Furman University is hosting a two-week High School Virtual Academy from July 13-24. Learn more about the program here and apply. Ⓟ
Furman University is hosting its High School Virtual Academy July 13-24 | photo provided
Furman University is still accepting applications for itsHigh School Virtual Academy, July 13-24, where high school students (rising sophomores and above) looking to get ahead can develop real-world skills + connect with industry professionals.
The academy offers 3 tracks: • Community Health, led by the Institute for the Advancement of Community Health • Innovation & Entrepreneurship, led by Furman Innovation & Entrepreneurship • Sustainability, led by The Shi Institute for Sustainable Communities