Overall unemployment rate moved up to 3.2% with the biggest shift in Business Services, which lost 2,600 roles, based on the most recently available information published in March 2022.
Total employment in the Greenville-Anderson-Mauldin, SC market declined by 5,402 jobs in January and the unemployment rate increased compared to the prior month by 30 bps to 3.2%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- Greenville-Anderson-Mauldin, SC unemployment rate is 123 bps below the national rate which is a positive sign.
- Unemployment in the market is 160 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in January versus prior month by 1.7% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.3%. Key sectors include:
- Transportation & Utilities: 79,500; -1,100
- Business Services: 71,300; -2,600
- Government: 60,300; -1,100
- Manufacturing: 58,900; +200
- Education & Healthcare: 52,800; -500
- Restaurants & Hotels: 41,200; -600
- Financial Services: 21,300; no change
- Construction, Mining: 19,800; no change
- Other Jobs: 14,800; no change
- IT & Development: 6,700; +100
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.