Department of Labor and Regulation

Title - Labor Market Information Center

Snapshot of South Dakota's Economy

Monthly Data

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

South Dakota

Labor Force 450,300 447,300 0.7%
Employment 435,000 431,800 0.7%
Unemployment 15,300 15,600 -1.9%
Unemployment Rate 3.4% 3.5%  

United States

Labor Force 157,002,000 155,688,000 0.8%
Employment 148,297,000 145,301,000 2.1%
Unemployment 8,705,000 10,387,000 -16.2%
Unemployment Rate 5.5% 6.7%  

Nonfarm Wage and Salary Employment (seasonally adjusted)

Total Nonfarm 427,800 422,400 1.3%
Mining, Logging & Construction 23,500 22,100 6.3%
Manufacturing 43,600 41,700 4.6%
Wholesale Trade 21,500 20,500 4.9%
Retail Trade 52,400 51,700 1.4%
Transportation, Warehousing & Utilities 13,000 13,100 -0.8%
Information 6,000 6,100 -1.6%
Financial Activities 29,200 29,800 -2.0%
Professional & Business Services 30,000 30,200 -0.7%
Educational & Health Services 69,600 68,300 1.9%
Leisure & Hospitality 45,400 45,500 -0.2%
Other Services 16,000 15,700 1.9%
Government 77,600 77,700 -0.1%
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 11,967 10,748 11.3%

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

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