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Rock Hill Set to Become a Job Powerhouse by 2032

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Image depicting the economic development in Rock Hill with construction and job opportunities.

News Summary

Rock Hill is expecting substantial growth, with a projected addition of 21,012 new jobs by 2032, marking a 13.3% increase. This surge positions Rock Hill as the fastest-growing region in South Carolina. Alongside job growth, the population is also rising, with York County surpassing 300,000 residents, contributing to a promising economic outlook. Significant advancements in various industries, particularly warehousing and financial services, are anticipated, presenting diverse opportunities for job seekers. This remarkable growth is underpinned by ongoing developments in life sciences and advanced manufacturing.

Rock Hill Set to Become a Job Powerhouse by 2032!

Great news for the residents of Rock Hill! The Rock Hill region is projected to see a whopping 21,012 new jobs between 2022 and 2032. That’s an incredible increase of 13.3%, bringing the total employment up to a cozy 179,471 jobs by 2032. If you thought the job market couldn’t get any better, think again! This anticipated growth places Rock Hill as the fastest-growing region in South Carolina, outpacing all other areas, including Charleston, which has a commendable growth rate of 12.7%.

Population Growth: A Sidekick to Employment

Along with this job boom, the population in the area is also on the rise. York County has officially become the seventh county in South Carolina to exceed 300,000 residents. On top of that, Lancaster County has crossed the 100,000 resident mark and boasts the third-highest population growth rate in the state. This dynamic duo of job and population growth paints a promising picture for the future!

Industry Boom on the Horizon

seven industries are expected to experience job growth of 50% or more by 2032. Leading the charge, the warehousing and storage industry is forecasted to surge by an impressive 70%. Meanwhile, jobs in securities, commodities, and financial trading are also on track for a remarkable increase of nearly 53%.

Other sectors like transportation and warehousing are projected to grow by 48%, with company management jobs adding 39%, and opportunities in insurance and social assistance climbing by 35% and 31% respectively. While it’s always exciting to hear about growth, it’s also essential to note that five out of 87 listed industries are predicted to witness job losses, with textile mills providing the biggest hit at -12%.

Job Roles in High Demand

  • Transportation: 3,078 new jobs
  • Business and Financial Operations: 2,189 new jobs
  • Sales: 1,962 new jobs
  • Management: 1,929 new jobs

As for individual roles, the job growth rates are especially promising for interpreters or translators at a remarkable 71%, followed by nurses at 65%, and data scientists at 53%. Even broadcast technicians are set to enjoy a 50% growth surge!

Challenges and Opportunities

life sciences and advanced manufacturing. These sectors are vital in addressing the continually evolving job needs of the area.

$160 million worth of projects are currently under discussion, the job outlook for Rock Hill looks bright and full of potential. The local economy is ready to thrive, and you won’t want to miss out on what’s coming next!

Wrapping it Up

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Additional Resources

HERE Rock Hill
Author: HERE Rock Hill

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