South Carolina Data
TRENDS
October 2021 Issue SC Department of Employment and Workforce Labor Market Information Division Columbia, South Carolina 29202
dew.sc.gov scworkforceinfo.com
SC Department of Employment and Workforce Labor Market Information Division Columbia, South Carolina 29202
dew.sc.gov scworkforceinfo.com
South Carolina Nonfarm Employment Trends For October — Seasonally Adjusted The Current Employment Survey of businesses in South Carolina marked an increase of 6,700 nonfarm payroll jobs over the month to a level of 2,157,500. •
Industries that reported gains were in the Manufacturing (+4,200); Professional and Business (+2,000); Trade, Transportation, and Utilities (+1,500); Other Services (+800); Financial Activities (+500); Education and Health Services (+200); and Information (+100) industry.
•
Decreases were observed in the Construction (-1,900); Government (-600); and Leisure and Hospitality (-100) industry.
•
Retail trade had an increase of (+1,900).
From October 2020 to October 2021, South Carolina’s economy has picked up 65,500 seasonally adjusted, nonfarm jobs. •
Industries with strong growth was reported in the Trade, Transportation, and Utilities (+19,600); Leisure and Hospitality (+17,600); Manufacturing (+7,400); Education and Health Services (+6,300); Construction (+5,100); Other Services (+5,000); Government (+4,000); Professional and Business Services (+1,100); and Information (+700) industry.
•
There was a decline noticed in the Financial Activities (-1,400) industry.
•
Retail Trade increased (+13,100) over the period.
For the Metropolitan Statistical Areas, seasonally adjusted, total nonfarm payroll job increases were seen in Columbia (+2,100); Greenville, (+2,100); Charleston (+1,400); Myrtle Beach (+1,000); Spartanburg (+400); Hilton Head (+200); and Florence (+100). Decreases were seen in Sumter (-300). Over the year, seven of the Metropolitan Statistical Areas saw an increase in seasonally adjusted payroll. Leading with employment gains were Charleston (+14,000); Greenville (+12,500); Columbia (+8,600); Myrtle Beach (+5,900); Spartanburg (+5,600); Hilton Head (+3,100); Florence (+800); and Sumter declined by (-100). To see the monthly not seasonally adjusted data series, go to www.SCWorkforceInfo.com (Employment and Wage Data section)
SOUTH CAROLINA DEPARTMENT OF EMPLOYMENT AND WORKFORCE
Page 3
South Carolina Economic Indicators
S.C. Job Postings by Industry, October 2021 NAICS CODE
INDUSTRY
JOB POSTINGS
Health Care and Social Assistance
16,613
Retail Trade
11,681
72
Accommodation and Food Services
8,967
52
Finance and Insurance
6,012
Manufacturing
5,898
54
Professional, Scientific, and Technical Services
5,176
92
Public Administration
3,103
56
Administrative and Support and Waste Management and Remediation Services
61
62 44-45
S.C. Average Weekly Wage by Industry Group, 2020 Q4 INDUSTRY GROUP
AVG. PERC CHG WEEKLY FROM YR WAGE AGO
Total, All Industries
$959
4.1%
Natural Resources and Mining
$850
2.3%
Construction
$1,077
1.2%
Manufacturing
$1,192
0.7%
$857
3.1%
Information
$1,649
23.5%
2,853
Financial Activities
$1,562
4.9%
Educational Services
2,825
Professional and Business Services
$1,091
2.2%
Transportation and Warehousing
2,740
Education and Health Services
$970
4.2%
53
Real Estate and Rental and Leasing
2,363
Leisure and Hospitality
$371
3.1%
51
Information
1,931
Other Services
$712
4.7%
23
Construction
1,885
Public Administration
$919
0.5%
81
Other Services (except Public Administration)
1,416
42
Wholesale Trade
836
71
Arts, Entertainment, and Recreation
710
22
Utilities
471
21
Mining, Quarrying, and Oil and Gas Extraction
147
11
Agriculture, Forestry, Fishing and Hunting
120
55
Management of Companies and Enterprises
106
31-33
48-49
Trade, Transportation and Utilities
Source: DEW, Quarterly Census of Employment and Wages (QCEW)
Source: Labor Insight Jobs (Burning Glass Technologies)
SOUTH CAROLINA DEPARTMENT OF EMPLOYMENT AND WORKFORCE
Page 5
South Carolina Economic Indicators, cont.
S.C. Gross Domestic Product $280,000 $270,000
Millions of Current Dollars
$260,000 $250,000 $240,000 $230,000 $220,000 $210,000 $200,000
Source: U.S. Bureau of Economic Analysis
S.C. Labor Force Participation Rate 59.0
Percent of Civilian Nonins�tu�onal Popula�on
58.8 58.6 58.4 58.2 58.0 57.8 57.6 57.2%
57.4 57.2 57.0 56.8 56.6 56.4 56.2 56.0
Source: DEW, Local Area Unemployment Statistics (LAUS) SC Department of Employment and Workforce Labor Market Information Division Columbia, South Carolina 29202
dew.sc.gov scworkforceinfo.com
S.C. Unemployment Trust Fund Report Balance $1,400,000,000 $1,200,000,000 $1,000,000,000
Balance
$800,000,000 $600,000,000 $400,000,000 $200,000,000
Oct-21
Sep-21
Jul-21
Aug-21
Jun-21
May-21
Apr-21
Mar-21
Feb-21
Jan-21
Dec-20
Oct-20
Nov-20
Sep-20
Aug-20
Jul-20
Jun-20
May-20
Apr-20
Mar-20
Jan-20
Feb-20
Dec-19
Nov-19
Oct-19
Sep-19
Aug-19
Jul-19
Jun-19
$0
Source: U.S. Department of the Treasury, Bureau of the Fiscal Service
S.C. Monthly Unemployment Claims Statistics 300000
16000 14000
250000
200000
10000
150000
8000 6000
100000
Exhaused Benefits
Ini�al Claims & Weeks Claimed
12000
4000 50000
0
2000
Oct-20 Nov-20 Dec-20 Jan-21
Feb-21 Mar-21 Apr-21 May-21 Jun-21
Ini�al Claims
Weeks Claimed
Jul-21
Aug-21 Sep-21
Oct-21
0
Exhaused Benefits
Source: U.S. Department of Labor
SOUTH CAROLINA DEPARTMENT OF EMPLOYMENT AND WORKFORCE
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Find more information at
scworkforceinfo.com
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SC Department of Employment and Workforce Labor Market Information Division Columbia, South Carolina 29202
dew.sc.gov scworkforceinfo.com