Department of Labor and Regulation

Title - Labor Market Information Center

Snapshot of South Dakota's Economy

Monthly Data

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

South Dakota

Labor Force 455,900 448,600 1.6%
Employment 438,600 433,700 1.1%
Unemployment 17,300 14,900 16.1%
Unemployment Rate 3.8% 3.3%  

United States

Labor Force 157,106,000 156,048,000 0.7%
Employment 148,840,000 146,401,000 1.7%
Unemployment 8,266,000 9,648,000 -14.3%
Unemployment Rate 5.3% 6.2%  

Nonfarm Wage and Salary Employment (seasonally adjusted)

Total Nonfarm 432,900 424,000 2.1%
Mining, Logging & Construction 23,400 22,100 5.9%
Manufacturing 44,400 42,300 5.0%
Wholesale Trade 21,000 20,900 0.5%
Retail Trade 52,700 52,200 1.0%
Transportation, Warehousing & Utilities 12,600 13,200 -4.5%
Information 6,100 6,100 0.0%
Financial Activities 30,300 29,600 2.4%
Professional & Business Services 30,600 30,400 0.7%
Educational & Health Services 70,700 68,400 3.4%
Leisure & Hospitality 46,300 45,000 2.9%
Other Services 16,100 15,900 1.3%
Government 78,700 77,900 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 19,371 18,824 2.9%

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