2017 South Carolina Code of Laws
Title 41 - Labor and Employment
CHAPTER 35 - EMPLOYMENT AND WORKFORCE - BENEFITS AND CLAIMS THEREFOR
Section 41-35-340. "Rate of insured unemployment" defined.

Universal Citation: SC Code § 41-35-340 (2017)

For purposes of Section 41-35-330 "rate of insured unemployment" means the percentage derived by dividing the:

(1) average weekly number of individuals filing claims for regular state compensation in this State for weeks of unemployment with respect to the most recent thirteen consecutive week period, as determined by the department on the basis of its reports to the United States Secretary of Labor, by

(2) average monthly employment covered under Chapters 27 through 41 of this title for the first four of the most recent six completed calendar quarters ending before the end of this thirteen-week period.

HISTORY: 1962 Code Section 68-128; 1971 (57) 950; 1983 Act No. 62 Section 12; 2010 Act No. 146, Section 83, eff March 30, 2010.

Effect of Amendment

The 2010 amendment substituted "department" for "commission" in subsection (1); and made other nonsubstantive changes throughout the section.

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