Department of Labor and Regulation

Title - Labor Market Information Center

Snapshot of South Dakota's Economy

Monthly Data

Data Series May
2015
May
2014
Percent
Change
Labor Force Data (seasonally adjusted)

South Dakota

Labor Force 454,700 448,100 1.5%
Employment 437,400 432,900 1.0%
Unemployment 17,200 15,200 13.2%
Unemployment Rate 3.8% 3.4%  

United States

Labor Force 157,469,000 155,629,000 1.2%
Employment 148,795,000 145,868,000 2.0%
Unemployment 8,674,000 9,761,000 -11.1%
Unemployment Rate 5.5% 6.3%  

Nonfarm Wage and Salary Employment (seasonally adjusted)

Total Nonfarm 430,400 423,000 1.7%
Mining, Logging & Construction 22,900 22,000 4.1%
Manufacturing 44,200 42,000 5.2%
Wholesale Trade 20,900 20,600 1.5%
Retail Trade 52,600 51,700 1.7%
Transportation, Warehousing & Utilities 13,100 13,200 -0.8%
Information 6,000 6,100 -1.6%
Financial Activities 30,100 29,600 1.7%
Professional & Business Services 29,700 30,400 -2.3%
Educational & Health Services 70,500 68,300 3.2%
Leisure & Hospitality 46,200 45,500 1.5%
Other Services 16,000 15,800 1.3%
Government 78,200 77,800 0.5%
Preliminary data; subject to revision. The published unemployment rate presented above may not equal the percentage calculated using the published unemployed and labor force figures presented above due to rounding.
Source: Labor Market Information Center, South Dakota Department of Labor and Regulation
New Hires reported to the Division of Unemployment Insurance
New Hires 19,412 19,325 0.5%

Source: Unemployment Insurance Division, South Dakota Department of Labor and Regulation


Annual Data
  United States South Dakota
  2014 2013 % Change 2014 2013 % Growth
National Rank in % Growth
Population 318,857,056  316,497,531 0.7% 853,175 845,510 0.9% 16
Per Capital Personal Income  $46,129 $ 44,765 3.0%  $46,345  $ 46,039 0.7% 49
Gross Domestic Product
 $17,316,314  $16,665,215 3.9%  $ 45,867  $ 44,673 2.7% 37

Sources:
Population - U.S. Census Bureau
Per Capita Personal Income - Bureau of Economic Analysis, U.S. Department of Commerce.
Gross Domestic Product - Bureau of Economic Analysis, U.S. Department of Commerce.

 


Marcia Hultman, Secretary
700 Governors Drive
Pierre, SD 57501-2291
Tel. 605.773.3101
Fax. 605.773.6184