reat Labor Market Information Center - Economic Snapshot

Marcia Hultman

Cabinet Secretary

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Labor Market Information Center

Economic Snapshot


South Dakota and United States Labor Force
Seasonally Adjusted
  June
2020		 May
2020		 June
2019		 Percent Change
Last Month Last
Year
United States
Labor Force 159,932,000 158,227,000 163,133,000 1.1% -2.0%
Employment 142,182,000 137,242,000 157,148,000 3.6% -9.5%
Unemployment 17,750,000 20,985,000 5,985,000 -15.4% 196.6%
Unemployment Rate 11.1% 13.3% 3.7%    

May
2020		 April
2020		 May
2019		 Percent Change
Last Month Last
Year
South Dakota
Labor Force 464,400 470,300 462,900 -1.3% 0.3%
Employment 420,600 419,000 447,800 0.4% -6.1%
Unemployment 43,800 51,300 15,100 -14.6% 190.1%
Unemployment Rate 9.4% 10.9% 3.3%    
South Dakota Nonfarm Wage and Salary Employment
Seasonally Adjusted
  May
2020		 April
2020		 May
2019		 Percent Change
Last Month Last
Year
Total Nonfarm 406,500 402,500 439,600 1.0% -7.5%
Mining, Logging and Construction 26,800 26,400 24,300 1.5% 10.3%
  Mining and Logging 1,100 1,100 1,000 0.0% 10.0%
  Construction 25,700 25,300 23,300 1.6% 10.3%
Manufacturing 42,800 43,300 45,200 -1.2% -5.3%
Trade, Transportation and Utilities 79,800 79,700 86,000 0.1% -7.2%
  Wholesale Trade 20,900 20,900 21,100 0.0% -0.9%
  Retail Trade 46,600 46,300 51,300 0.6% -9.2%
  Transportation, Warehousing and Utilities 12,300 12,500 13,600 -1.6% -9.6%
Information 5,200 5,300 5,500 -1.9% -5.5%
Financial Activities 28,900 29,000 29,000 -0.3% -0.3%
Professional and Business Services 33,200 33,200 33,100 0.0% 0.3%
Education and Health Services 69,100 68,800 72,800 0.4% -5.1%
  Educational Services 6,100 6,300 7,300 -3.2% -16.4%
  Health Care and Social Assistance 63,000 62,500 65,500 0.8% -3.8%
Leisure and Hospitality 34,000 28,000 47,100 21.4% -27.8%
Other Services (except Public Administration) 15,000 14,700 16,700 2.0% -10.2%
Government 71,700 74,100 79,900 -3.2% -10.3%
  Federal Government 11,400 11,400 11,400 0.0% 0.0%
  State Government 15,900 16,200 18,500 -1.9% -14.1%
  Local Government 44,400 46,500 50,000 -4.5% -11.2%
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

 

 

 

 

 

 


 

 

South Dakota Metro Area Labor Force
Seasonally Adjusted
  May
2020		 April
2020		 May
2019		 Percent Change
Last
Month		 Last
Year
Rapid City Metropolitan Statistical Area
Labor Force 74,300 76,300 74,700 -2.6% -0.5%
Employment 66,000 65,800 72,100 0.3% -8.5%
Unemployment 8,300 10,500 2,600 -21.0% 219.2%
Unemployment Rate 11.2% 13.8% 3.5%    
Sioux Falls Metropolitan Statistical Area
Labor Force 158,700 156,400 155,900 1.5% 1.8%
Employment 143,200 139,600 151,600 2.6% -5.5%
Unemployment 15,500 16,800 4,300 -7.7% 260.5%
Unemployment Rate 9.8% 10.7% 2.8%    
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

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