Department of Labor and Regulation

South Dakota e-Labor Bulletin from the Labor Market Information Center, South Dakota Department of Labor and Regulation

Overview of the labor market in May

Labor Supply

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 48,235
in May 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
May 2015

May 2015 labor supply estimates by county for South Dakota

Labor Force

This data is seasonally adjusted.

Preliminary estimates show the May 2015 South Dakota labor force up over the month, with the level of employed increasing by 800 (0.2 percent). The level of unemployed increased by 800 (4.9 percent).

South Dakota's May 2015 labor force of 454,700 increased compared to the May 2014 level of 448,100. The level of employed increased by 4,500 (1.0 percent); the level of unemployed increased by 2,000 persons (13.2 percent).

South Dakota Unemployment Rates by County
Not seasonally adjusted
May 2015

April 2015 unemployment rates by county for South Dakota

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.

Over-the-month comparisons

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 10,200 (or 2.4 percent) from April 2015 to May 2015.

There were numerous events that took place in May, such as the Pari Mutual Horse Racing, Coin and Stamp Show, Missouri River Rendezvous, Tesla, Black Hills Music Festival, SDRA Foothills Rodeo, Spring Market and Fruhlingsfest, Kayak Challenge and the 18th Annual Ribfest.

Most sectors increased over the month. The sectors with the largest gain in workers were leisure and hospitality with an increase of 3,600 workers (8.3 percent), retail trade (900 workers or 1.7 percent) and education and health services (700 workers or 1.0 percent). Wholesale trade was unchanged over the month.

Over-the-year comparisons

Based on a monthly survey of South Dakota establishments, preliminary estimates show total nonfarm wage and salaried workers increased by 6,700 (or 1.6 percent) from May 2014 to May 2015.

Professional and business services had an over-the-year decrease of 800 workers (2.6 percent). The May 2015 level was 30,000 compared to 30,800, in May 2014. This industry has been on an overall upward trend since January 2004.

Retail trade gained 1,300 workers (2.5 percent) over the year to a level of 52,900 in May 2015. Manufacturing produced a gain of 2,100 workers (5.0 percent) over the year from 42,200 in May 2014 to 44,300 in May 2015.

Leisure and hospitality had a worker gain of 400 workers over the year (0.9 percent) to a level of 47,100 in May 2015. The May 2014 worker level was 46,700.

Education and health services increased over the year from 68,900 in May 2014 to 70,700 in May 2015. The sectors gained 1,800 workers (2.6 percent).

For a printer-friendly version of this Overview, print pages 1-3 of the June e-Labor Bulletin (in Adobe PDF format).

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See more information on the Current Employment Statistics (CES) Program, including definitions.

 


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