Myrtle Beach-Conway-North Myrtle Beach, South Carolina Unemployment
The BLS reported that the unemployment rate for Myrtle Beach fell 0.0 percentage points in May 2023 to 3.7%. For the same month, the metro unemployment rate was 0.6 percentage points higher than the South Carolina rate. The unemployment rate in Myrtle Beach peaked in April 2020 at 20.7% and is now 17.0 percentage points lower. From a post peak low of 3.7% in February 2023, the unemployment rate has now grown by 0.0 percentage points. You can also compare Myrtle Beach unemployment with unemployment in other cities.
| Unemployment Rate | May 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.7% | +0.3 | +0.1 |
| South Carolina | 3.1% | 0.0 | -0.1 |
| Myrtle Beach | 3.7% | 0.0 | -0.5 |
Unemployment Rate: Myrtle Beach, South Carolina, National
Note: Recessions shown in gray.
Myrtle Beach, South Carolina Unemployed
The number of people unemployed in Myrtle Beach peaked in April 2020 at 39,233. There are now 31,230 fewer people unemployed in the metropolitan area. From a recent trough of 7,881 in February 2023, the number of unemployed has now grown by 122.
| Unemployed Persons | May 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Myrtle Beach | 8,003 | +79 | -783 |
Number of Unemployed Persons
Myrtle Beach, South Carolina Unemployment History
| Date | National Unemployment Rate |
South Carolina Unemployment Rate |
Myrtle Beach Unemployment Rate |
Myrtle Beach Unemployed |
|---|---|---|---|---|
| June 2023 |
3.6% | — | — | — |
| May 2023 |
3.7% | 3.1% | 3.7% | 8,003 |
| April 2023 |
3.4% | 3.1% | 3.7% | 7,924 |
| March 2023 |
3.5% | 3.2% | 3.8% | 7,981 |
| February 2023 |
3.6% | 3.2% | 3.7% | 7,881 |
| January 2023 |
3.4% | 3.2% | 3.8% | 8,003 |
| December 2022 |
3.5% | 3.3% | 4.0% | 8,382 |
| November 2022 |
3.6% | 3.3% | 4.0% | 8,404 |
| October 2022 |
3.7% | 3.3% | 4.1% | 8,551 |
| September 2022 |
3.5% | 3.3% | 4.2% | 8,818 |
| August 2022 |
3.7% | 3.3% | 4.3% | 9,026 |
| July 2022 |
3.5% | 3.2% | 4.4% | 9,092 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩
Department of Numbers
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