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I searched for the old thread on this topic with no luck. I follow DEW’s monthly employment stats, so created a thread for month to month figures.
The unemployment rate is healthy now. The metros continue to do well. It’s interesting to me, after 39 years of following the figures every month without fail, that metro Charleston’s labor force should soon catch metro Columbia’s. The bottom chart (see attached) indicates it already has. Same with the number employed for the two metros. Also, metro Sumter’s unemployment rate is lower than Florence’s.
Metro Greenville’s labor force and number employed remain the largest, but metro Charleston is kicking it the most in jobs gained, both in number and percentage. Metro Charleston currently has the lowest unemployment rate.
From an article in The Post and Courier about the state’s rural areas and their difficulty getting jobs:
“… the manufacturing-heavy Charleston region accounted for nearly 40 percent of all new South Carolina jobs — 21,300 — between February 2022 and this past February. The counties in that area have labor force participation rates at least 20 percentage points higher than the lowest-tier counties. When the 10,600 jobs created in the Greenville MSA are factored in, the state’s two industrial powerhouses have accounted for nearly 6 out of every 10 new positions.”
It's nice to see Charleston catching up to Greenville, but even once we reach Greenville we'll just have to pass Spartanburg and Greenville combined as the next goal
I don’t view it as any locale catching up to another in the number of jobs, the size of the labor force or population, but only as adding jobs versus being stagnant or losing them.
Trends change also. Many of the jobs added to the Greenville area have been remote jobs as of late. Which is allowing more people to move in without getting a brick and mortar job.
Trends change also. Many of the jobs added to the Greenville area have been remote jobs as of late. Which is allowing more people to move in without getting a brick and mortar job.
But no one has to physically relocate to take a remote job; that's pretty much the point.
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