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Marcia Hultman

Cabinet Secretary

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Labor Market Information Center

Economic Snapshot


South Dakota and United States Labor Force
Seasonally Adjusted

May
2024		 April
2024		 May
2023		 Percent Change
Last
Month		 Last
Year
United States
Labor Force 167,732,000 167,982,000 166,823,000 -0.1% 0.5%
Employment 161,083,000 161,491,000 160,707,000 -0.3% 0.2%
Unemployment 6,649,000 6,492,000 6,117,000 2.4% 8.7%
Unemployment Rate 4.0% 3.9% 3.7%    

May
2024		 April
2024		 May
2023		 Percent Change
Last
Month		 Last
Year
South Dakota
Labor Force 481,600 481,500 480,500 0.0% 0.2%
Employment 472,000 471,700 471,100 0.1% 0.2%
Unemployment 9,600 9,700 9,300 -1.0% 3.2%
Unemployment Rate 2.0% 2.0% 1.9%    
South Dakota Nonfarm Wage and Salary Employment
Seasonally Adjusted
  May
2024		 April
2024		 May
2023		 Percent Change
Last
Month		 Last
Year
Total Nonfarm 468,500 467,400 460,200 0.2% 1.8%
Mining, Logging and Construction 31,100 31,500 29,200 -1.3% 6.5%
  Mining and Logging 1,300 1,300 1,300 0.0% 0.0%
  Construction 29,800 30,200 27,900 -1.3% 6.8%
Manufacturing 44,800 44,900 45,200 -0.2% -0.9%
   Durable Goods 27,400 27,600 28,100 -0.7% -2.5%
   Non-Durable Goods 17,400 17,300 17,100 0.6% 1.8%
Trade, Transportation and Utilities 91,500 91,400 91,500 0.1% 0.0%
  Wholesale Trade 22,600 22,700 22,200 -0.4% 1.8%
  Retail Trade 53,200 52,900 53,900 0.6% -1.3%
  Transportation, Warehousing and Utilities 15,700 15,800 15,400 -0.6% 1.9%
Information 5,200 5,200 5,100 0.0% 2.0%
Financial Activities 27,600 27,200 27,900 1.5% -1.1%
Professional and Business Services 38,200 38,200 37,300 0.0% 2.4%
Private Education and Health Services 78,100 77,600 76,300 0.6% 2.4%
  Private Educational Services 7,900 7,800 7,500 1.3% 5.3%
  Health Care and Social Assistance 70,200 69,800 68,800 0.6% 2.0%
Leisure and Hospitality 51,000 50,500 49,100 1.0% 3.9%
Other Services (except Public Administration) 18,200 18,400 18,000 -1.1% 1.1%
Government 82,800 82,500 80,600 0.4% 2.7%
  Federal Government 11,800 11,700 11,500 0.9% 2.6%
  State Government 18,300 18,200 17,800 0.5% 2.8%
  Local Government 52,700 52,600 51,300 0.2% 2.7%
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 with the U.S. Bureau of Labor Statistics

 

 

 

 

 

 

 

 


South Dakota Metro Area Labor Force
Seasonally Adjusted
  April
2024		 March
2024		 April
2023		 Percent Change
Last
Month		 Last
Year
Rapid City Metropolitan Statistical Area
Labor Force 79,700 79,900 78,600 -0.3% 1.4%
Employment 78,200 78,300 77,100 -0.1% 1.4%
Unemployment 1,600 1,600 1,500 0.0% 6.7%
Unemployment Rate 2.0% 2.0% 1.9%    
Sioux Falls Metropolitan Statistical Area
Labor Force 164,600 164,900 164,600 -0.2% 0.0%
Employment 161,700 161,800 161,700 -0.1% 0.0%
Unemployment 3,000 3,100 2,900 -3.2% 3.4%
Unemployment Rate 1.8% 1.9% 1.7%    
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 with the U.S. Bureau of Labor Statistics

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