South Carolina's employment rate is booming, and the Charleston Metro Chamber of Commerce says tens of thousands of new jobs are forecast to be created in the next five years.
“The Charleston region has a diversified economy which translates to a wide diversity of job options. This is attractive to workforce, both workers who already live here and those relocating here,” Charleston Metro Chamber chief marketing officer Ken Brady told the Palmetto Business Daily.
According to the Charleston Chamber's Economic Outlook Forecast, unemployment will remain around 3 percent as an annual average for 2019 and 2020.
With the Charleston area boasting strong employment numbers, there has been a growing concern as to whether quality jobs are available.
But Brady said quality jobs were still available.
“More than 30,000 new jobs are expected to be added to the Charleston market over the next five years,” he said.
The Charleston Chamber produced its first Talent Demand Study in 2014 to provide insight into job growth and address talent gaps. The chamber has continued to produce a Talent Demand Study forecast from from 2017-2022.
“The 2018 Talent Demand Study for the Charleston Metro Area shows that three out of the top five job growth categories are in fields that have above-average wages (Production & Mechanical, Medical, Software & IT). Within all of the growth categories, there are career pathways to opportunities paying above-average wages,” Brady said.
Specifically, production and mechanical jobs are growing and are named the No. 1 field for growth in the next five years.
Brady noted that production and mechanical occupations should be adding nearly 6,000 jobs in five years, and the construction sector should add another 1,100.
“This study also shows some potential talent supply gaps, and numerous initiatives already underway to help address these,” Brady added.