Department of Labor and Regulation

Title - Labor Market Information Center

Snapshot of South Dakota's Economy

Monthly Data

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

South Dakota

Labor Force 456,200 448,800 1.6%
Employment 442,800 433,700 2.1%
Unemployment 13,400 15,000 -10.7%
Unemployment Rate 2.9% 3.3%  

United States

Labor Force 157,833,000 156,142,000 1.1%
Employment 149,929,000 147,439,000 1.7%
Unemployment 7,904,000 8,704,000 -9.2%
Unemployment Rate 5.0% 5.6%  

Nonfarm Wage and Salary Employment (seasonally adjusted)

Total Nonfarm 434,100 424,700 2.2%
Mining, Logging & Construction 24,700 22,500 9.8%
Manufacturing 43,600 43,200 0.9%
Wholesale Trade 21,200 21,200 0.0%
Retail Trade 53,300 52,000 2.5%
Transportation, Warehousing & Utilities 13,500 12,700 6.3%
Information 5,800 6,100 -4.9%
Financial Activities 29,900 29,500 1.4%
Professional & Business Services 32,400 29,900 8.4%
Educational & Health Services 69,700 68,600 1.6%
Leisure & Hospitality 45,600 45,000 1.3%
Other Services 15,600 16,000 -2.5%
Government 78,800 78,000 1.0%
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 18,138 13,256 36.8%

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