The Nerve: SC’s Unemployment Train Wreck
Today on The Nerve, reporter Eric Ward examines the woes of South Carolina’s Employment Security Commission, the agency that manages the state’s unemployment system.
Ward highlights recent problems at the agency, such as paying out more in benefits than it received in contributions for over a decade.
A Legislative Audit Council is set to release its findings on the ESC next week.
Ward writes: “For South Carolina taxpayers – mainly businesses – the cost of cleaning up the wreckage has escalated to hundreds of millions of dollars and climbing, possibly to billions. And, in another sign of business as usual in state government, this mess has the unseemly paw prints of State House politics on it – if not all over it.”
