Department of Labor and Regulation

Title - Labor Market Information Center

Snapshot of South Dakota's Economy

Monthly Data

Data Series August
2014
August
2013
Percent
Change
Labor Force Data (seasonally adjusted)

South Dakota

Labor Force 450,600 448,500 0.5%
Employment 434,600 431,500 0.7%
Unemployment 16,000 17,000 -5.9%
Unemployment Rate 3.6% 3.8%  

United States

Labor Force 155,959,000 155,435,000 0.3%
Employment 146,368,000 144,179,000 1.5%
Unemployment 9,591,000 11,256,000 -14.8%
Unemployment Rate 6.1% 7.2%  

Nonfarm Wage and Salary Employment (seasonally adjusted)

Total Nonfarm 421,200 418,100 0.7%
Mining, Logging & Construction 21,200 21,600 -1.9%
Manufacturing 42,400 41,500 2.2%
Wholesale Trade 20,900 19,900 5.0%
Retail Trade 51,300 51,000 0.6%
Transportation, Warehousing & Utilities 12,300 12,500 -1.6%
Information 6,200 6,000 3.3%
Financial Activities 30,000 29,900 0.3%
Professional & Business Services 30,900 29,300 5.5%
Educational & Health Services 67,100 67,900 -1.2%
Leisure & Hospitality 44,100 44,700 -1.3%
Other Services 16,100 16,000 0.6%
Government 78,700 77,800 1.2%
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 16,632 18,474 -10.0%

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

Annual Data
  United States South Dakota
  2013 2012 % Change 2013 2012 % Growth
National Rank in % Growth
Population 316,128,839 313,873,685 0.7% 844,877 834,047 1.3% 6
Per Capital Personal Income $44,543 $43,735 1.8% $45,558 $45,381 0.4% 50
Gross Domestic Product

$15,526,715
$15,245,906 1.8% $41,142 $39,906 3.1% 9
 

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