Overall unemployment rate moved down to 3.8% with the biggest shift in Government, which lost 1,200 roles, based on the most recently available information published in August 2022.

Total employment in the Myrtle Beach-Conway-North Myrtle Beach, SC-NC market declined by 487 jobs in July and the unemployment rate decreased compared to the prior month by 40 bps to 3.8%. The national unemployment rate decreased by 5 bps over the same time to 3.8%.

  • Myrtle Beach-Conway-North Myrtle Beach, SC-NC unemployment rate is 2 bps above the national rate which is a negative sign.
  • Unemployment in the market is 150 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in July versus prior month by 6.2% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Myrtle Beach-Conway-North Myrtle Beach, SC-NC Unemployment July 2022

For key employment segments of the market, total jobs grew by 0.1% . Key sectors include:

  • Restaurants & Hotels: 48,600; +800
  • Transportation & Utilities: 42,200; +400
  • Government: 22,600; -1,200
  • Education & Healthcare: 20,100; +100
  • Business Services: 17,600; no change
  • Construction, Mining: 11,000; -100
  • Financial Services: 10,400; +100
  • Other Jobs: 6,900; no change
  • Manufacturing: 5,000; no change
  • IT & Development: 2,500; +100
Myrtle Beach-Conway-North Myrtle Beach, SC-NC Unemployment by Industry July 2022

Data is based on the most recent 12 months available, through July 2022 (Data published August 2022 and reports created on September 2, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.