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South Carolina

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Total payroll employment in South Carolina grew robustly in March, adding 10,200 jobs (0.4 percent). The unemployment rate is currently at 4.1 percent, declining slightly by 0.1 percentage point.

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  • "South Carolina's job growth rebounded in March, due to robust employment gains in the professional and business services and leisure and hospitality sectors." – Bethany Greene
  • Payroll employment in South Carolina grew robustly in March, adding 10,200 jobs (0.4 percent) during the month. Job gains were led by professional and business services (4,500 jobs), and leisure and hospitality (2,700 jobs). Employment gains were partially offset by job losses in trade, transportation and utilities (500 jobs) and government (200 jobs).
  • On a yearly basis, payroll employment grew by 55,400 jobs (2.4 percent). Annual job growth was led by education and health services (13,900 jobs), professional and business services (10,500 jobs) and construction (7,800 jobs).
  • The unemployment rate in South Carolina is currently at 4.1 percent, declining slightly by 0.1 percentage point in March, but up 0.4 percentage points from last year.

Housing Market icon showing a picture of a house Housing Market Conditions

  • Residential permitting activity grew by 11.6 percent from February 2025 to March 2025 and increased by 12.2 percent from March 2024 to March 2025.
  • According to the Federal Housing Finance Agency, home values increased in Q4 of 2024 by 1.5 percent compared to Q3 of 2024. Compared to Q4 of 2023, home values grew by 5.6 percent in Q4 of 2024.
Snapshot Resources
  • Term Definitions

    Payroll Employment
    The number of nonfarm jobs (persons on payrolls) according to where those jobs are located.

    Unemployment Rate
    The number of unemployed persons (those not employed but available and searching for work) as a percent of the civilian labor force (the total number of employed plus unemployed persons).

    Industry Structure
    A breakdown of total nonfarm jobs by industry. Percentages sum to 100 percent.

    Industry Growth
    The percentage change in jobs in each industry from a year ago.

    Building Permits
    The number of privately owned single-family and multi-family units authorized in permit-issuing places.

    House Price Index
    A repeat sales index, measuring average price changes in repeat sales or refinancings on the same single-family properties.

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Joseph Mengedoth