Overall unemployment rate stayed flat at 3.0% with the biggest shift in Government, which gained 300 roles, based on the most recently available information published in September 2022.
Total employment in the Hilton Head Island-Bluffton-Beaufort, SC market declined by 912 jobs in August and the unemployment rate stayed flat. The national unemployment rate stayed flat over the same time period at 3.8%.
- Hilton Head Island-Bluffton-Beaufort, SC unemployment rate is 79 bps below the national rate which is a positive sign.
- Unemployment in the market is 70 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 3.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 2.7% . Key sectors include:
- Government: 11,600; +300
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.