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

November
2020		 October
2020		 November
2019		 Percent Change
Last
Month		 Last
Year
United States
Labor Force 160,467,000 160,867,000 164,347,000 -0.2% -2.4%
Employment 149,732,000 149,806,000 158,536,000 0.0% -5.6%
Unemployment 10,735,000 11,061,000 5,811,000 -2.9% 84.7%
Unemployment Rate 6.7% 6.9% 3.5%    

October
2020		 September
2020		 October
2019		 Percent Change
Last
Month		 Last
Year
South Dakota
Labor Force 462,700 464,400 465,900 -0.4% -0.7%
Employment 445,800 445,400 450,100 0.1% -1.0%
Unemployment 16,900 19,000 15,800 -11.1% 7.0%
Unemployment Rate 3.6% 4.1% 3.4%    
South Dakota Nonfarm Wage and Salary Employment
Seasonally Adjusted
  October
2020		 September
2020		 October
2019		 Percent Change
Last
Month		 Last
Year
Total Nonfarm 428,400 429,600 442,500 -0.3% -3.2%
Mining, Logging and Construction 27,800 27,700 24,900 0.4% 11.6%
  Mining and Logging 1,100 1,000 1,100 10.0% 0.0%
  Construction 26,700 26,700 23,800 0.0% 12.2%
Manufacturing 42,300 41,900 44,100 1.0% -4.1%
Trade, Transportation and Utilities 83,600 83,300 86,100 0.4% -2.9%
  Wholesale Trade 21,100 20,700 21,300 1.9% -0.9%
  Retail Trade 50,200 50,300 51,200 -0.2% -2.0%
  Transportation, Warehousing and Utilities 12,300 12,300 13,600 0.0% -9.6%
Information 5,100 5,200 5,400 -1.9% -5.6%
Financial Activities 29,600 29,200 29,100 1.4% 1.7%
Professional and Business Services 34,000 33,700 33,800 0.9% 0.6%
Education and Health Services 71,200 71,800 74,100 -0.8% -3.9%
  Educational Services 7,200 7,400 7,500 -2.7% -4.0%
  Health Care and Social Assistance 64,000 64,400 66,600 -0.6% -3.9%
Leisure and Hospitality 41,000 42,200 47,600 -2.8% -13.9%
Other Services (except Public Administration) 16,000 15,900 17,200 0.6% -7.0%
Government 77,800 78,700 80,200 -1.1% -3.0%
  Federal Government 11,600 11,900 11,200 -2.5% 3.6%
  State Government 17,800 17,600 18,500 1.1% -3.8%
  Local Government 48,400 49,200 50,500 -1.6% -4.2%
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, in cooperation wtih the U.S. Bureau of Labor Statistics

 

 

 

 

 

 

 


 

 

 


South Dakota Metro Area Labor Force
Seasonally Adjusted
  October
2020		 September
2020		 October
2019		 Percent Change
Last
Month		 Last
Year
Rapid City Metropolitan Statistical Area
Labor Force 73,100 73,500 75,300 -0.5% -2.9%
Employment 70,200 70,200 72,600 0.0% -3.3%
Unemployment 2,900 3,300 2,700 -12.1% 7.4%
Unemployment Rate 4.0% 4.5% 3.6%    
Sioux Falls Metropolitan Statistical Area
Labor Force 152,500 155,000 155,900 -1.6% -2.2%
Employment 147,400 149,200 151,300 -1.2% -2.6%
Unemployment 5,100 5,800 4,600 -12.1% 10.9%
Unemployment Rate 3.3% 3.7% 2.9%    
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, in cooperation wtih the U.S. Bureau of Labor Statistics

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