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 54,150 in December 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 December 2015 South Dakota labor force up over the month, with the level of employed increasing by 1,800 (0.4 percent). The level of unemployed decreased by 300 (2.2 percent).
South Dakota's December 2015 labor force of 456,200 increased compared to the December 2014 level of 448,800. The level of employed increased by 9,100 (2.1 percent); the level of unemployed decreased by 1,600 persons (10.7 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.
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 decreased by 2,500 (or 0.6 percent) from November 2015 to December 2015.
There were numerous fall events going on in December in South Dakota. Some of the events include Winter Wonderland, Festival of Lights and Parade, Ugly Sweater Skate Party, Frontier Christmas, Artist N' Antlers, Living Christmas Tree, Shopping with Heart and New Year's Eve Parade and Craft Event.
The largest over-the-month losses were in leisure and hospitality with a decrease of 1,400 workers (3.2 percent) and manufacturing had a loss of 400 workers (0.9 percent).
Based on a monthly survey of South Dakota establishments, preliminary estimates show total nonfarm wage and salaried workers increased by 9,300 (or 2.2 percent) from December 2014 to December 2015.
Professional and business services had an over-the-year increase of 2,400 workers (8.1 percent). This industry as a whole has continued to trend upward since January 2004.
The wholesale trade worker level of 21,000 in December 2015 was unchanged over the year. The wholesale trade industry has remained fairly stable since January 2004, slowly trending upward. Retail trade gained 1,300 workers (2.5 percent), climbing to a level of 54,200 in December 2015.
Manufacturing gained 500 workers (1.2 percent) over the year from 43,200 in December 2014 to 43,700 in December 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 increased by 500 workers (1.2 percent) over the year to a level of 42,700 in December 2015. Worker levels in this sector fluctuate due to seasonality and events during the year.
Education and health services workers level increased over the year from 69,300 in December 2014 to 70,400 in December 2015. The sector gained 1,100 workers (1.6 percent).
For a printer-friendly version of this Overview, print pages 1-3 of the January e-Labor Bulletin (in Adobe PDF format).