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COLUMBIA -- Job growth in services and durable goods manufacturing should boost employment in the Upstate and Charleston next year, economists with the University of South Carolina said Thursday.
They were less confident about job growth in Columbia, whose government-heavy economy faces additional state budget cuts.
Statewide, jobs should grow 1.2 percent in 2011, compared to 0.1 percent this year, said USC economists Doug Woodward and Joey Von Nessen.
Better and more in-depth story here: Forecast: S.C. economy will improve, but slowly - Breaking Business - TheState.com (http://www.thestate.com/2010/12/09/1598625/forecast-sc-economy-will-improve.html - broken link)
Moody's says 1.6% job growth in Charleston, 1.6% in Columbia and 1.3% in Greenville over the next year. Everywhere you look someone says something different. USC's economists are always under-predicting for Columbia, yet Columbia keeps on keeping on. I suspect state budget cuts are going to slam decentralized state government offices if any.
Not to be a douche. But with high unemploymnet does 1.2-1.6% growth really qualify as robust? And how many more people are entering the workforce or moving to the state (like many at Boeing) to take those jobs.
And on the ground in Charleston I can definitely say the growth/rebound is not happening equally accross diferent fields & industries.
If state government jobs are cut in Columbia, what will happen is that just about the time the state's increased revenues start showing up from the increase in commerce, people will realize they didn't want so many government services cut off after all and state government will use the new revenue for a whole new round of hiring. It goes in cycles. It always has and it always will.
and state government will use the new revenue for a whole new round of hiring.
Doubt it. The current mood and longterm mood forecast of the country is for smaller government, not more. You can thank the Obambi spending spree for sparking that mood.
Actually- on SC you can thank 2 of the last three governors' (as well as the new incoming governor) national ambitions for cutting to the bone even in good times. I wish we could go back to someone like Carroll Campbell who might have had higher ambition but treated the Governorship as if it were his final position.
We've been spending too much money nationally since the sixties with one respite in the late nineties- so that go accross presidents and congresses from both parties.
Down the road there will be a whole new round of new hires in state government. The public will see. They only think they want smaller government. Smaller government to the average joe means government that stays out of their personal lives while providing services they want but don't have to pay for. My state government job as it is is difficult, mind-draining and very stressful, yet I have been asked to take on extra cases (for extra pay) because of the agency's workload. Some state offices in cities other than Columbia (and there are many) might be re-centralized to the capital for efficiency. That's just speculation on my part, but with everything on the table who knows?
Last edited by Charlestondata; 12-12-2010 at 07:33 AM..
Reason: typo
Smaller government to the average joe means government that stays out of their personal lives while providing services they want but don't have to pay for.
We ALL pay for the services of state gov't, and you know this.
We ALL pay for the services of state gov't, and you know this.
government workers included... I said services they don't want to pay for, not services they don't pay for.
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