Overall unemployment rate moved down to 3.0% with the biggest shift in Government, which gained 100 roles, based on the most recently available information published in April 2022.
Total employment in the Hilton Head Island-Bluffton-Beaufort, SC market rose by 1,229 jobs in March and the unemployment rate decreased compared to the prior month by 90 bps to 3.0%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.
- Hilton Head Island-Bluffton-Beaufort, SC unemployment rate is 75 bps below the national rate which is a positive sign.
- Unemployment in the market is 80 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in March versus prior month by 5.2% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:
- Government: 11,700; +100
Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.