News Summary
Rock Hill is set to experience significant job growth, with over 21,000 new jobs expected from 2022 to 2032. This 13.3% increase will elevate total employment to approximately 179,471 jobs. Various sectors, including warehousing and financial services, are anticipated to see the most growth, contributing to a vibrant local economy. York County’s population is also on the rise, further showcasing the region’s booming development and job opportunities.
Exciting Job Growth on the Horizon for Rock Hill
The beautiful city of Rock Hill is gearing up for an impressive economic transformation! According to recent data from the South Carolina Department of Employment and Workforce, the region is on track to add over 21,000 jobs in the next decade—specifically, a whopping 21,012 jobs between 2022 and 2032. This surge represents a growth rate of 13.3%, which will elevate the total employment figures in Rock Hill to around 179,471 jobs by 2032.
Keeping Pace in South Carolina
This rate of growth positions Rock Hill as a bustling hub, trailing only the renowned Charleston area, which forecasts a 12.7% growth in jobs. Even with this boom, Rock Hill will continue to hold its spot as the sixth-largest workforce area in South Carolina.
Over in York County, the excitement doesn’t stop there! Recent reports indicate that the county has officially surpassed 300,000 residents, becoming the seventh county in the state to hit that milestone as tracked by the U.S. Census Bureau. Additionally, Lancaster County has jumped past 100,000 residents and currently boasts the third-highest population growth in South Carolina since 2020, painting a vivid picture of a thriving community!
A Bright Future for Employment
The job outlook is promising, and these projections equip the state with valuable insights for planning future job opportunities. Excitingly, more than half a dozen industries in the Rock Hill region are expected to boom, witnessing a growth of 50% or more by 2032!
What Jobs Are on the Rise?
Let’s dive into some key sectors leading this job expansion:
- Warehousing and storage jobs are predicted to soar by 70%.
- Financial trading positions, including securities and commodities, will likely climb by nearly 53%.
- Transportation and warehousing roles are expected to grow by 48%.
- Company management jobs can anticipate a rise of 39%.
- Insurance jobs are set to increase by 35%.
- Social assistance roles will likely expand by 31%.
It’s not all bright skies, however; only five out of a total of 87 industries are projected to lose jobs, particularly in areas such as textile mills and crop production.
What Jobs Will We Need?
In total, approximately 5,400 jobs will come from trade, transportation, and utilities; while professional and business services will add nearly 4,900 jobs. Education and health services are also expected to flourish with over 4,200 new positions.
Looking at specific occupations, demand is high for interpreters or translators (boasting a 71% growth), nurses (with a strong 65% increase), and data scientists (growing by 53%). Unfortunately, some roles like legal secretaries and administrative assistants are expected to decline.
What’s Brewing in the Job Market?
It’s crucial to note some sectors on the rise are transportation (projected to create 3,078 jobs), business and financial operations (with 2,189 jobs), sales (adding 1,962 jobs), and management (growing by 1,929 jobs). On the flip side, fast food might witness a loss of around 100 positions, showcasing just how dynamic the job landscape is becoming.
Exciting Developments Ahead
The environment for job hunting in Rock Hill is certainly evolving, with local economic development teams in York, Lancaster, and Chester counties actively seeking fresh opportunities. Conversations are ongoing regarding at least five projects worth a total of $160 million for potential tax incentives!
The excitement doesn’t end there: Lancaster County is seeing major retail growth with new additions like Costco and Target. In light of a previous $2 billion project that fell through, local officials are also exploring new zoning proposals for development initiatives. The ambition now is to create a life sciences or advanced manufacturing campus close to Exit 81 off Interstate 77, reflecting a keen focus on high-paying jobs that meet community needs in emerging sectors.
Overall, the future is bright for Rock Hill, and it’s invigorating to think about the abundant prospects on the horizon!
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Additional Resources
- Money: Best Places to Live – Rock Hill, South Carolina
- Herald Online: Exciting Job Growth on the Horizon for Rock Hill
- The State: News on South Carolina
- Google Search: Job Growth in Rock Hill
- Encyclopedia Britannica: Job Market