With data compiled from reliable public sources and government organizations like the Bureau of Labor Statistics and the U.S. Census Bureau, Joblift provides you with essential insights to help you in your job search in Florence, SC.
In the beautiful city of Florence, two key industries have been identified as dominant forces in the economic landscape: financial services and health care. As a growing hub for these sectors, Florence offers ample employment opportunities for professionals seeking to establish or advance their careers. The financial services sector encompasses a wide range of businesses, such as banking, insurance, and investment firms. Meanwhile, the health care industry caters to the medical needs of the population, providing essential services through hospitals, clinics, and other health-related institutions. Both industries are crucial components of Florence's thriving economy, creating a stable environment for jobseekers desiring to build a successful future in this picturesque city.
In the city, employment opportunities present themselves with an average salary of $51,981, which is 24.91% below the national average. However, the cost of living is more affordable at approximately 20.0% lower than average, thereby providing a balanced lifestyle for those residing here. Additionally, nearly half of the working population, at 47%, are insured by their employers, ensuring healthcare benefits for many who join the workforce. Furthermore, commute times within the city are relatively short, averaging just 19.5 minutes, making it convenient for professionals to travel between work and home.
The local economy in Florence, SC currently experiences an unemployment rate of 4.80%, which is above the national average of 3.8%. Despite this higher unemployment figure, the city's job market has a promising future as it is expected to witness strong growth. This combination of factors indicates that Florence, SC may become a more attractive destination for job seekers in the coming years, thanks to anticipated improvements in the employment landscape.
Looking for jobs in Florence, SC? Explore a variety of opportunities on Joblift, our job board that uses advanced search technology and the Job Coach tool to match your skills and experience with available positions in Florence.