Covered Workers & Annual Pay - 2012 Annual Summary
The number of employees covered by unemployment insurance in 2012 was 400,473 workers. This represents an increase of 1.7 percent from 2011. This chart indicates that eight industries showed worker gains while two industries decreased and one industry remained unchanged during 2012. In 2012, the number of covered wage and salaried workers equaled 95.6 percent of South Dakota's wage and salaried workers. Covered workers are counted at their place of work. A person who works for more than one covered employer is counted at each job.
Annual pay reflects total compensation paid to covered workers in the form of wages, salaries, bonuses, commission and overtime pay during the year. Annual pay is calculated by dividing total payroll by the average number of workers. The statewide annual pay for workers covered by unemployment insurance for 2012 was $36,533. This represents an increase of 3.2 percent from 2011.
Annual pay is affected by the number of hours worked and the rate of pay. Full-time workers normally have higher annual pay than part-time workers do. Many of the industries with the lowest annual pay have a large percentage of part-time jobs. Industry specific annual pay is determined by the mix of full-time and part-time workers and high-paying and low-paying jobs. The leisure and hospitality industry group has the lowest industry annual pay of $13,721 because these types of businesses typically hire many part-time workers. Federal government workers have the highest annual pay at $58,300.
Annual Pay of Covered Workers
by Ownership and Industry Group
2011 - 2012 Change
|Natural Resources and Mining||$35,936||$37,305||3.8%|
|Trade, Transportation and Utilities||$32,388||$33,678||4.0%|
|Professional and Business Services||$43,000||$45,556||5.9%|
|Education and Health Services||$41,053||$42,430||3.4%|
|Leisure and Hospitality Services||$13,384||$13,721||2.5%|
|Total Private Ownership||$35,085||$36,304||3.5%|
| Data subject to revision.|
Produced by the Labor Market Information Center, South Dakota Department of Labor and Regulation, in cooperation with the U.S. Bureau of Labor Statistics.