Jobs & Economy in South Carolina

South Carolina's economy runs on a real, export-oriented manufacturing base -- BMW's highest-volume global plant, Boeing's second-largest US assembly site, Michelin, and Volvo -- layered under a labor market this dataset discloses honestly as mixed, not unambiguously strong, and genuinely different economies from region to region.

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A real, diversified, export-oriented manufacturing base

BMW's Greer/Spartanburg County plant is South Carolina's largest single industrial employer (roughly 11,000 employees) and produces more vehicle volume than any other BMW plant worldwide (X3/X5/X6 SUVs, largely for export). Boeing operates its 787 Dreamliner final assembly line in North Charleston (5,000+ employees), the company's second-largest US manufacturing site. Michelin has a longstanding major manufacturing presence statewide, drawn originally by Port of Charleston access dating to the 1970s. Volvo's Ridgeville plant (2,000+ employees, opened 2018) builds electric SUVs for North America. South Carolina exported $38.5 billion in goods to foreign markets in 2025, much of it moving through the Port of Charleston.

The June 2026 labor-market signal is genuinely mixed, not clearly strong

South Carolina's unemployment rate was 4.4% in June 2026 (down 0.2 points from the prior month), running roughly in line with the concurrent national rate (cited in the 4.2%-4.4% range across sources reviewed) rather than clearly below it -- a materially different signal than a state where the unemployment rate runs clearly below the national rate. Year-over-year payroll employment grew 0.8% (18,300 jobs), led by education/health services, leisure/hospitality, and government, but June 2026 itself saw a net decline of roughly 400 jobs, with losses in trade/transportation/utilities and professional/business services partially offset by government gains. This record discloses that mixed signal plainly rather than asserting an unambiguously strong job market.

Regional economies are genuinely distinct -- confirm which one applies to your job search

Charleston runs a historic tourism economy layered with the Boeing/Port of Charleston export-manufacturing anchor. Myrtle Beach and the Grand Strand run a tourism- and coastal-recreation-driven economy. Columbia carries a state-capital, Fort Jackson, and University of South Carolina-anchored economy. Greenville and the Upstate run a manufacturing-and-BMW-driven economy with real Blue Ridge-foothills proximity. Confirm which regional economy a specific job opportunity sits inside rather than assuming one statewide economic story.

South Carolina's #1-in-the-nation growth is real economic momentum, worth reading precisely

South Carolina was the Census Bureau's fastest-growing state in the country for 2025 (+1.5% year-over-year, driven overwhelmingly by net domestic in-migration), a real signal of sustained economic and labor-market draw -- but the same moveBuddha migration report that found South Carolina led all states in 2025 inbound-search ratio also, in its separate forward-looking 2026 forecast section, ranks South Carolina second among states for net inbound search share, behind Florida, North Carolina, and Texas. Read both figures together rather than assuming an unqualified #1 economic-momentum ranking.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.