Florence County Unemployment:
| |
Annual
2006
|
Annual
2007
|
September
2008
|
| Labor Force |
62,287 |
63,243 |
64,124 |
| # Unemployed |
4,475 |
4,004 |
4,870 |
| Unemployment Rate |
7.2% |
6.3% |
7.6% |
Florence MSA Labor Force September 2008: 96,235
Source: South Carolina Employment Security Commission
Florence Region Labor Market - September 2008
|
County
|
Total Labor Force
|
# Unemployed
|
% Unemployed
|
| Chesterfield |
18,726 |
1,887 |
10.1% |
| Clarendon |
12,825 |
1,375 |
10.7% |
| Darlington |
32,347 |
2,912 |
9.0% |
| Dillon |
13,271 |
1,458 |
11.0% |
| Florence |
64,124 |
4,870 |
7.6% |
| Lee |
8,139 |
804 |
9.9% |
| Marion |
13,116 |
1,966 |
15.0% |
| Marlboro |
11,862 |
1,535 |
12.9% |
| Sumter MSA |
44,684 |
3,917 |
8.8% |
| Williamsburg |
15,591 |
1,695 |
10.9% |
| Region Total |
234,685 |
22,419 |
9.5% |
| SC Total |
2,159,180 |
157,047 |
7.3% |
| |
|
|
|
| US Average |
|
|
6.1% |
Regional Unemployment Trends
Month
|
Florence County
|
Pee Dee Region
|
South Carolina
|
| August '07 |
6.1% |
7.5% |
5.8% |
| Sept. '07 |
6.2% |
7.5% |
5.9% |
| Oct. '07 |
6.3% |
7.6% |
6.0% |
| Nov. '07 |
6.2% |
7.6% |
6.1% |
| Dec. '07 |
6.9% |
8.4% |
6.2% |
| January '08 |
6.8% |
8.4% |
6.1% |
| February '08 |
6.1% |
7.7% |
5.5% |
| March '08 |
5.8% |
7.2% |
5.7% |
| April '08 |
5.7% |
7.5% |
5.9% |
| May '08 |
6.3% |
7.8% |
6.5% |
| June '08 |
6.7% |
8.4% |
6.1% |
| July '08 |
7.5% |
9.3% |
7.0% |
| August '08 |
7.6% |
9.5% |
7.3% |
2008 Employment by Industry
Since 1997, companies such as Honda, Heinz, Monster, Roche, General Electric, QVC, Johnson Controls and others have created more than 6,000 jobs in Florence County via the construction of new facilities or the expansion of existing operations. South Carolina’s Ready SC has provided recruitment and pre-employment training services for approximately half of these new positions. The average ratio of applicants to openings for these new jobs has been 11.5 to 1 (i.e., for every potential new job, more than 11 applicants have applied for each training slot).
Median Household Income:
| |
30 Miles |
40 Miles |
60 Miles |
| 1990 |
$21,491 |
$21,052 |
$21,347 |
| 2000 |
$31,571 |
$30,966 |
$31,469 |
| 2005 |
$35,743 |
$35,220 |
$36,083 |
Source: CACI Marketing Systems, using radii as measured from the intersection of I-95 & SR 327 in Florence, SC
Florence County Gross Retail Sales & Net Taxable Sales Data:
| Fiscal Year (July to June) |
Gross Sales |
Net Taxable Sales |
| 2003-2004 |
$3,779,812,020 |
$1,629,404,970 |
| 2002-2003 |
$3,558,746,845 |
$1,625,924,620 |
| 2001-2002 |
$3,205,691,023 |
$1,532,245,767 |
| 2000-2001 |
$3,094,418,263 |
$1,400,708,934 |
Florence County is ranked number 7 out of the 46 counties in South Carolina (1-Charleston, 2-Richland, 3-Greenville, 4-Lexington, 5-Spartanburg, 6-Horry)
Source: South Carolina Department of Revenue
Miscellaneous Labor Data for Florence County:
| Males in Labor Force |
47% |
| Females in Labor Force |
53% |
| Population Working Outside the County |
12.3% |
| Average Commute Time to Work |
18.9 minutes |
Source: South Carolina Department of Commerce, Census Data
Additional Reading:
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