The job market is on the upswing for the Grand Strand area. The annual job fair was much busier than in recent years and that's a great indication that there will be strong job growth. In fact, Don Schunk, a research economist with Coastal Grand University, told The Sun News that with the new information from the sate, he will be increasing his original estimates of job growth from 3.2%. The strong local economy is fantastic news for those who live in Myrtle Beach, and for business owners of commercial real estate.
Approximately 140 companies were actively seeking new employees, and over 5200 potential candidates made their way to the Myrtle Beach Convention Center center to turn in resumes.
One of the major driving forces in this positive trend is the opening of Hard Rock Park, which is opening in April. The park expects to hire on an additional 3000 employees throughout the upcoming year.
The improved job market should have a nice impact on our real estate market with entry level employees looking for affordable condos in Myrtle Beach, as well as condos in Little River, Pawleys Island, North Myrtle Beach and other surrounding areas.
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