The number of South Dakotans who would be available to staff a new or expanding business, or South
Dakota's labor supply, was estimated at 52,325 in October 2015. Included in this labor supply are those who currently hold jobs (and would like to change) and those who, for a variety of reasons, do not have jobs. (See related data.)
South Dakota Labor Supply
This data is seasonally adjusted.
Preliminary estimates show the October 2015 South Dakota labor force down over the month, with the level of employed increasing by 500 (0.1 percent). The level of unemployed decreased by 1,200 (7.5 percent).
South Dakota's October 2015 labor force of 454,200 increased compared to the October 2014 level of 448,800. The level of employed increased by 5,500 (1.3 percent); the level of unemployed decreased by 100 persons (0.7 percent).
South Dakota Unemployment Rates by County
Not seasonally adjusted
Notes about labor force data
The unemployment rate represents the number of unemployed as a percent of the labor force. People are classified as unemployed if they do not have jobs, have actively looked for work in the prior four weeks and are currently available for work. People who were not working and were waiting to be recalled to jobs from which they were temporarily laid off are also included as unemployed.
Labor force estimates for South Dakota are produced by the Labor Market Information Center in cooperation with the U.S. Bureau of Labor Statistics. The concepts and definitions underlying the labor force data come from the Current Population Survey (CPS), the household survey which is the official measure of the labor force for the nation. The statewide estimate of the number of nonfarm jobs is a component of the model used to produce the labor force estimates. Other data used in this model include the number of continued unemployment insurance claims and survey data from the Current Population Survey (CPS) which is specific to the state.
Although state specific data is used in the production of the labor force estimates for South Dakota, the state monthly model estimates are controlled in "real time" to sum to national monthly labor force estimates from the CPS. Therefore, variation in the estimates of the employed and unemployed are somewhat controlled by what is happening nationally. (See methodology.)
South Dakota Nonfarm Wage & Salaried Workers by Industry
This data is not seasonally adjusted.
Based on a monthly survey of South Dakota establishments where employment data is collected for the pay periods that occur during the 12th of the month, preliminary estimates show the total nonfarm wage and salaried worker level increased by 1,400 (or 0.3 percent) from September 2015 to October 2015.
Numerous fall events took place in South Dakota this October. Some of the events included the start of hunting season, Okoberfest, Uptown Girls Craft Sale, Wild West Songwriters Festival, Great Scarecrow Festival, Pumpkin Festival, Black Hills Pow Wow, fall craft fairs, Haunted Forest, Autumn Festival, Haunted Corn Maze, Deadweird and Holiday Shopping Extravaganza.
The largest over-the-month losses were in leisure and hospitality with a decrease of 2,000 workers (4.2 percent). Financial activities had a loss of 400 workers (1.3 percent) and other services decreased by 300 workers (1.9 percent).
Based on a monthly survey of South Dakota establishments, preliminary estimates show total nonfarm wage and salaried workers increased by 8,000 (or 1.9 percent) from October 2014 to October 2015.
Professional and business services had an over-the-year increase of 1,400 workers (4.7 percent). This industry as a whole has continued to trend upward since January 2004.
Wholesale trade showed workers decreased over the year by 300 (1.4 percent) to a level of 20,700 in October 2015. The wholesale trade industry has remained fairly stable since January 2004, slowly trending upward. Retail trade gained 800 workers (1.5 percent) to a level of 52,500 in October 2015.
Manufacturing gained 1,900 workers (4.4 percent) over the year from 43,000 in October 2014 to 44,900 in October 2015. In the last 10 years, manufacturing steadily trended upward until the recession. Manufacturing worker levels then hit a low in January 2010, but have been trending upward since.
Leisure and hospitality was unchanged over the year at a level of 46,100 in October 2015. Worker levels in this sector fluctuate due to seasonality and events during the year.
Education and health services increased over the year from 68,800 in October 2014 to 71,000 in October 2015. The sector gained 2,200 workers (3.2 percent).
For a printer-friendly version of this Overview, print pages 1-3 of the November e-Labor Bulletin (in Adobe PDF format).
See more information on the Current Employment Statistics (CES) Program, including definitions.