Department of Labor and Regulation

Title - Labor Market Information Center

Snapshot of South Dakota's Economy

Monthly Data

Data Series March
2014
March
2014
Percent
Change
Labor Force Data (seasonally adjusted)

South Dakota

Labor Force 453,100 448,100 1.1%
Employment 436,200 430,600 1.3%
Unemployment 16,900 17,600 -4.0%
Unemployment Rate 3.7% 3.9%  

United States

Labor Force 156,227,000 155,099,000 0.7%
Employment 145,742,000 143,393,000 1.6%
Unemployment 10,486,000 11,706,000 -10.4%
Unemployment Rate 6.7% 7.5%  

Nonfarm Wage and Salary Employment (seasonally adjusted)

Total Nonfarm 419,600 416,800 0.7%
Mining, Logging & Construction 21,100 21,000 0.5%
Manufacturing 42,200 41,700 1.2%
Wholesale Trade 20,600 19,700 4.6%
Retail Trade 51,000 51,100 -0.2%
Transportation, Warehousing & Utilities 12,700 12,600 0.8%
Information 6,200 6,100 1.6%
Financial Activities 29,600 29,500 0.3%
Professional & Business Services 29,900 29,300 2.0%
Educational & Health Services 68,300 67,900 0.6%
Leisure & Hospitality 44,600 44,600 0.0%
Other Services 15,900 15,900 0.0%
Government 77,500 77,400 0.1%
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 11,853 11,949 -0.8%

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

Annual Data
  United States South Dakota
  2012 2011 % Change 2012 2011 % Growth
National Rank in % Growth
Population1 313,914,040 311,587,816 0.7% 833,354 823,593 1.2% 9
Per Capita Personal Income2 $43,735 $42,298 3.4% $45,381 $44,843 1.2% 50
Gross Domestic Product3
(in millions of current dollars)
$15,566,077
$14,959,778 4.1% $42,464 $41,667 1.9% 46
1Source: U.S. Census Bureau. 2011 data preliminary and subject to revision.
2Bureau of Economic Analysis (BEA), U.S. Department of Commerce. Data for years prior to 2010 are currently being revised the BEA and are not available.
3Bureau of Economic Analysis, U.S. Department of Commerce. Last updated July 2012.

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