Rock Hill’s job market experienced a mixed December 2023, with pockets of growth offset by declines in holiday-driven sectors. While year-over-year comparisons showed little change, the month-to-month picture hinted at a shift in momentum.
Highlights:
- The unemployment rate ticked up slightly to 3.3%, remaining near historic lows.
- Total non-farm employment dipped by 0.7%, losing 50 jobs, following a strong November.
- Healthcare continued its upward trajectory, adding 80 jobs across hospitals, ambulatory care, and social assistance.
- Trade, transportation, and utilities witnessed modest growth, adding 30 jobs, primarily in transportation and warehousing.
- On the downside, retail trade shed 130 jobs, likely influenced by post-holiday shopping slowdown.
Industries and Occupations on the Rise:
- Healthcare led the way, with gains in hospitals (+40), ambulatory care services (+30), and social assistance (+10).
- Transportation and warehousing added 30 new positions, reflecting increased logistics demand.
- Professional and business services saw minor growth (+10) in management consulting and legal services.
Industries and Occupations Facing Downturns:
- Retail trade bore the brunt of losses, with declines in general merchandise stores (-70) and clothing and accessories stores (-60).
- Construction witnessed a slight dip (-20), primarily in specialty trade contractors.
- Leisure and hospitality saw a modest retraction (-10) following the holiday season peak.
Comparing to Past Periods:
- Compared to December 2022, Rock Hill’s overall job market remained stagnant, with similar year-over-year employment levels.
- However, compared to November 2023, which saw a gain of 200 jobs, December showed a slight reversal in momentum.
Future Outlook:
The Rock Hill job market faces uncertainties in the coming months. While healthcare and professional services offer promising prospects, potential economic headwinds and retail sector adjustments could present challenges. Continued monitoring of key industries and emerging trends will be crucial for navigating the evolving landscape.
10 Growing Occupations in Rock Hill (December 2023):
- Registered Nurses
- Software Developers
- Truck Drivers
- Customer Service Representatives
- General and Operations Managers
- Accounting and Auditing Clerks
- Construction Laborers
- Retail Salespersons
- Marketing Specialists
- Physician Assistants
10 Companies Hiring Now in Rock Hill (December 2023):
- Piedmont Medical Center
- Continental Automotive
- Nucor Steel
- Comporium
- Carolinas Healthcare System
- Lowe’s
- Rock Hill School District
- Sealed Air Corporation
- Wells Fargo
- Springs Global
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