Department of Labor and Regulation

Title - Labor Market Information Center

Snapshot of South Dakota's Economy

Monthly Data

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

South Dakota

Labor Force 451,400 448,600 0.6%
Employment 436,500 432,100 1.0%
Unemployment 14,800 16,500 -10.3%
Unemployment Rate 3.3% 3.7%  

United States

Labor Force 156,278,000 154,625,000 1.1%
Employment 147,283,000 143,485,000 2.6%
Unemployment 8,995,000 11,140,000 -19.3%
Unemployment Rate 5.8% 7.2%  

Nonfarm Wage and Salary Employment (seasonally adjusted)

Total Nonfarm 422,700 416,700 1.4%
Mining, Logging & Construction 22,300 21,100 5.7%
Manufacturing 42,700 41,100 3.9%
Wholesale Trade 21,000 19,600 7.1%
Retail Trade 50,500 50,800 -0.6%
Transportation, Warehousing & Utilities 12,700 12,400 2.4%
Information 6,300 6,100 3.3%
Financial Activities 30,000 29,900 0.3%
Professional & Business Services 30,300 29,700 2.0%
Educational & Health Services 67,700 68,200 -0.7%
Leisure & Hospitality 44,000 44,500 -1.1%
Other Services 16,500 15,800 4.4%
Government 78,700 77,500 1.5%
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 17,884 16,345 9.4%

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