Department of Labor and Regulation

Title - Labor Market Information Center

Snapshot of South Dakota's Economy

Monthly Data

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

South Dakota

Labor Force 451,600 447,600 0.9%
Employment 435,600 432,100 0.8%
Unemployment 16,000 15,400 3.9%
Unemployment Rate 3.5% 3.5%  

United States

Labor Force 156,906,000 156,180,000 0.5%
Employment 148,331,000 145,796,000 1.7%
Unemployment 8,575,000 10,384,000 -17.4%
Unemployment Rate 5.5% 6.6%  

Nonfarm Wage and Salary Employment (seasonally adjusted)

Total Nonfarm 429,200 422,200 1.7%
Mining, Logging & Construction 23,600 22,000 7.3%
Manufacturing 43,300 41,900 3.3%
Wholesale Trade 21,200 20,500 3.4%
Retail Trade 53,000 51,800 2.3%
Transportation, Warehousing & Utilities 13,100 13,000 0.8%
Information 6,100 6,100 0.0%
Financial Activities 29,400 29,800 -1.3%
Professional & Business Services 30,200 30,000 0.7%
Educational & Health Services 69,800 68,300 2.2%
Leisure & Hospitality 45,400 45,400 0.0%
Other Services 16,300 15,800 3.2%
Government 77,800 77,600 0.3%
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 13,309 11,853 12.3%

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
  2013 2012 % Change 2013 2012 % Growth
National Rank in % Growth
Gross Domestic Product
$15,526,715
$15,245,906 1.8% $41,142 $39,906 3.1% 9

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