Department of Labor and Regulation

Title - Labor Market Information Center

Snapshot of South Dakota's Economy

South Dakota and United States Labor Force
Seasonally Adjusted
Data Series August
2016		 July
2016		 August
2015		 Percent Change
Last Month Last
Year
South Dakota
Labor Force 457,400 457,100 452,800 0.1% 1.0%
Employment 444,300 444,300 438,700 0.0% 1.3%
Unemployment 13,100 12,800 14,100 2.3% -7.1%

Unemployment Rate

 2.9% 2.8% 3.1%    
Data Series August
2016		 July
2016		 August
2015		 Percent Change
Last Month Last
Year
United States
Labor Force 159,463,000 159,287,000 157,061,000 0.1% 1.5%
Employment 151,614,000 151,517,000 149,043,000 0.1% 1.7%
Unemployment 7,849,000 7,770,000 8,018,000 1.0% -2.1%
Unemployment Rate 4.9% 4.9% 5.1%    
South Dakota Nonfarm Wage and Salary Employment
Seasonally Adjusted
  August
2016		 July
2016		 August
2015		 Percent Change
Last Month Last
Year
Total Nonfarm 437,900 436,700 427,700 0.3% 2.4%
Mining, Logging & Construction 23,800 24,100 22,900 -1.2% 3.9%
Manufacturing 42,100 41,800 42,400 0.7% -0.7%
Wholesale Trade 21,500 21,700 21,100 -0.9% 1.9%
Retail Trade 55,300 55,100 52,900 0.4% 4.5%
Transportation, Warehousing & Utilities 14,300 14,200 13,400 0.7% 6.7%
Information 5,900 5,900 5,900 0.0% 0.0%
Financial Activities 30,200 30,300 29,700 -0.3% 1.7%
Professional & Business Services 31,900 31,400 30,800 1.6% 3.6%
Educational & Health Services 70,700 70,200 69,100 0.7% 2.3%
Leisure & Hospitality 46,800 47,600 46,000 -1.7% 1.7%
Other Services 15,900 15,700 15,900 1.3% 0.0%
Government 79,500 78,700 77,600 1.0% 2.4%
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
  August
2016		 July
2016		 August
2015		 Percent Change
Last Month Last
Year
New Hires 21,232 21,694 17,198 -2.1% 23.5%
Source: Unemployment Insurance Division, South Dakota Department of Labor and Regulation

South Dakota Metro Area Labor Force
Seasonally Adjusted
Areas July
2016		 June
2016		 July
2015		 Percent Change
Last Month Last Year
Rapid City MSA
Labor Force 71,900 71,800 71,500 0.1% 0.6%
Employment 69,800 69,600 69,200 0.3% 0.9%
Unemployment 2,100 2,100 2,400 0.0% -12.5%
Unemployment Rate 2.9 3.0 3.3    
Sioux Falls MSA
Labor Force 148,900 147,300 144,200 1.1% 3.3%
Employment 145,600 143,900 140,500 1.2% 3.6%
Unemployment 3,200 3,400 3,700 -5.9% -13.5%
Unemployment Rate 2.2 2.3 2.6    

See definitions of terms used above.

See release dates.


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

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