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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

February
2023		 January
2023		 February
2022		 Percent Change
Last
Month		 Last
Year
United States
Labor Force 166,251,000 165,832,000 163,862,000 0.3% 1.5%
Employment 160,315,000 160,138,000 157,590,000 0.1% 1.7%
Unemployment 5,936,000 5,694,000 6,272,000 4.3% -5.4%
Unemployment Rate 3.6% 3.4% 3.8%    

January
2023		 December
2022		 January
2022		 Percent Change
Last
Month		 Last
Year
South Dakota
Labor Force 475,300 475,100 472,600 0.0% 0.6%
Employment 465,300 464,700 463,200 0.1% 0.5%
Unemployment 10,100 10,300 9,400 -1.9% 7.4%
Unemployment Rate 2.1% 2.2% 2.0%    
South Dakota Nonfarm Wage and Salary Employment
Seasonally Adjusted
  January
2023		 December
2022		 January
2022		 Percent Change
Last
Month		 Last
Year
Total Nonfarm 459,300 456,900 447,300 0.5% 2.7%
Mining, Logging and Construction 26,500 26,300 26,800 0.8% -1.1%
  Mining and Logging 1,200 1,300 1,100 -7.7% 9.1%
  Construction 25,300 25,000 25,700 1.2% -1.6%
Manufacturing 46,000 45,800 44,600 0.4% 3.1%
   Durable Goods 29,200 29,100 27,900 0.3% 4.7%
   Non-Durable Goods 16,800 16,700 16,700 0.6% 0.6%
Trade, Transportation and Utilities 90,900 90,700 88,000 0.2% 3.3%
  Wholesale Trade 22,400 22,400 21,600 0.0% 3.7%
  Retail Trade 53,900 53,900 52,400 0.0% 2.9%
  Transportation, Warehousing and Utilities 14,600 14,400 14,000 1.4% 4.3%
Information 5,200 5,300 5,200 -1.9% 0.0%
Financial Activities 27,900 27,900 28,000 0.0% -0.4%
Professional and Business Services 36,800 36,700 36,000 0.3% 2.2%
Private Education and Health Services 77,300 76,100 74,500 1.6% 3.8%
  Private Educational Services 8,400 7,700 7,100 9.1% 18.3%
  Health Care and Social Assistance 68,900 68,400 67,400 0.7% 2.2%
Leisure and Hospitality 50,700 50,100 47,600 1.2% 6.5%
Other Services (except Public Administration) 17,700 17,900 17,300 -1.1% 2.3%
Government 80,300 80,100 79,300 0.2% 1.3%
  Federal Government 11,300 11,200 11,300 0.9% 0.0%
  State Government 17,800 17,700 17,500 0.6% 1.7%
  Local Government 51,200 51,200 50,500 0.0% 1.4%
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
  January
2023		 December
2022		 January
2022		 Percent Change
Last
Month		 Last
Year
Rapid City Metropolitan Statistical Area
Labor Force 79,300 79,100 77,500 0.3% 2.3%
Employment 77,600 77,300 75,300 0.4% 3.1%
Unemployment 1,700 1,800 2,200 -5.6% -22.7%
Unemployment Rate 2.2% 2.3% 2.8%    
Sioux Falls Metropolitan Statistical Area
Labor Force 164,000 164,300 160,000 -0.2% 2.5%
Employment 161,000 161,100 156,100 -0.1% 3.1%
Unemployment 3,100 3,200 3,900 -3.1% -20.5%
Unemployment Rate 1.9% 1.9% 2.4%    
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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