Department of Labor and Regulation

Title - Labor Market Information Center

Snapshot of South Dakota's Economy

Monthly Data
Data Series March
2012		 March
2011		 Percent
Change
Labor Force Data (seasonally adjusted)

South Dakota
Labor Force 448,800 446,200 0.6%
Employment 429,400 424,200 1.2%
Unemployment 19,400 22,000 -11.8%
Unemployment Rate 4.3% 4.9%  

United States
Labor Force 154,707,000 153,392,000 0.9%
Employment 142,034,000 139,764,000 1.6%
Unemployment 12,673,000 13,628,000 -7.0%
Unemployment Rate 8.2% 8.9%  

Nonfarm Wage and Salary Employment (seasonally adjusted)
Total Nonfarm 407,600 406,300 0.3%
Mining, Logging & Construction 20,900 21,000 -0.5%
Manufacturing 39,400 38,500 2.3%
Wholesale Trade 19,500 18,900 3.2%
Retail Trade 50,600 49,900 1.4%
Transportation, Warehousing & Utilities 12,300 12,600 -2.4%
Information 6,100 6,500 -6.2%
Financial Activities 28,000 28,300 -1.1%
Professional & Business Services 30,300 28,300 7.1%
Educational & Health Services 66,400 65,000 2.2%
Leisure & Hospitality 41,100 43,200 -4.9%
Other Services 15,200 15,600 -2.6%
Government 77,800 78,500 -0.9%
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 12,067 11,640 3.7%

Source: Unemployment Insurance Division, South Dakota Department of Labor and Regulation
Annual Data
  United States South Dakota
  2011 2010 % Change 2011 2010 % Growth
National Rank in % Growth
Population1 311,591,917 309,330,219 0.7% 824,082 816,598 0.9% 12
Per Capita Personal Income2 $41,663 $39,937 4.3% $41,590 $39,519 5.2% 4
Gross Domestic Product3
(in millions of current dollars)
$12,773,853
$13,099,722 2.6% $35,495 $36,272 2.2% 25
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. Revised data for 2010 is scheduled to be released in June 2012.

Pamela S. Roberts, Secretary
700 Governors Drive
Pierre, SD 57501-2291
Tel. 605.773.3101
Fax. 605.773.6184

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