Legislators seek to help businesses with changes to SC’s ballooning jobless fund

By: Jessica Holdman

Outlets: South Carolina Daily Gazette

Published: February 24, 2026

Words: 1,730

Last Updated: 2 weeks, 3 days ago

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COLUMBIA — A paperwork slipup on payments that South Carolina companies make into a safety net fund for laid off workers can cost small business owners thousands of dollars annually, business organizations warn.

Missing a payment notice can spell a nearly 9,000% rate increase.

Ending such a spike is part of legislation that seeks to help business owners paying into the fund. It would not boost aid to workers who lose their jobs.

There hasn’t …

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