It’s a downhill trend now in Greenville County as the unemployment rate continues to slip. The county’s unemployment rate fell to 5.8 percent from 6.1 percent in September and 6.7 percent in October 2012.
We’re seeing a positive hiring environment here and also a positive outlook in the economy. Manufacturing, health care and technology are among the leading industries in Greenville right now and the recent expansions of several local manufacturing companies have created more jobs. Bosch Rexroth’s plant in Fountain Inn is in the hiring process, BMW Manufacturing Co. in Greer, also said it would continue to hire more people by the end of 2014.
Companies like Greenville Health System, Michelin North America, BMW, GE and Fluor Corporation are the biggest employers in the area and they have given job opportunities to many. Retail sector is also growing as we’ve seen several national chain stores putting up their branch here adding more jobs.
The decline in unemployment rate cannot only be seen in Greenville County but also in the entire state. South Carolina’s rate fell to 7.5 percent from 7.9 percent in September. It is actually the lowest rate in more than five years. It is great to see the number of employed people increase.