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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


January 2024 December
2023
January 2023 Percent Change
Last
Month
Last
Year
United States
Labor Force 167,276,000 167,451,000 165,871,000 -0.1% 0.8%
Employment 161,152,000 161,183,000 160,152,000 0.0% 0.6%
Unemployment 6,124,000 6,268,000 5,719,000 -2.3% 7.1%
Unemployment Rate 3.7% 3.7% 3.4%    

December
2023
November
2023
December
2022
Percent Change
Last
Month
Last
Year
South Dakota
Labor Force 485,400 485,200 475,100 0.0% 2.2%
Employment 475,400 475,300 464,700 0.0% 2.3%
Unemployment 9,900 9,900 10,300 0.0% -3.9%
Unemployment Rate 2.0% 2.0% 2.2%    
South Dakota Nonfarm Wage and Salary Employment
Seasonally Adjusted

  December
2023
November
2023
December
2022
Percent Change
Last
Month
Last
Year
Total Nonfarm 470,700 469,100 456,900 0.3% 3.0%
Mining, Logging and Construction 31,500 30,200 26,300 4.3% 19.8%
  Mining and Logging 1,300 1,200 1,300 8.3% 0.0%
  Construction 30,200 29,000 25,000 4.1% 20.8%
Manufacturing 46,100 45,900 45,800 0.4% 0.7%
   Durable Goods 29,200 29,100 29,100 0.3% 0.3%
   Non-Durable Goods 16,900 16,800 16,700 0.6% 1.2%
Trade, Transportation and Utilities 92,700 92,400 90,700 0.3% 2.2%
  Wholesale Trade 23,900 23,900 22,400 0.0% 6.7%
  Retail Trade 54,100 54,000 53,900 0.2% 0.4%
  Transportation, Warehousing and Utilities 14,700 14,500 14,400 1.4% 2.1%
Information 5,200 5,100 5,300 2.0% -1.9%
Financial Activities 27,700 27,800 27,900 -0.4% -0.7%
Professional and Business Services 38,500 38,500 36,700 0.0% 4.9%
Private Education and Health Services 78,500 79,100 76,100 -0.8% 3.2%
  Private Educational Services 8,400 8,700 7,700 -3.4% 9.1%
  Health Care and Social Assistance 70,100 70,400 68,400 -0.4% 2.5%
Leisure and Hospitality 49,500 49,700 50,100 -0.4% -1.2%
Other Services (except Public Administration) 18,800 18,500 17,900 1.6% 5.0%
Government 82,200 81,900 80,100 0.4% 2.6%
  Federal Government 11,600 11,400 11,200 1.8% 3.6%
  State Government 18,200 18,300 17,700 -0.5% 2.8%
  Local Government 52,400 52,200 51,200 0.4% 2.3%
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
  December
2023
November
2023
December
2022
Percent Change
Last
Month
Last
Year
Rapid City Metropolitan Statistical Area
Labor Force 80,400 80,100 79,100 0.4% 1.6%
Employment 78,700 78,400 77,400 0.4% 1.7%
Unemployment 1,600 1,700 1,700 -5.9% -5.9%
Unemployment Rate 2.0% 2.1% 2.2%    
Sioux Falls Metropolitan Statistical Area
Labor Force 167,100 167,000 162,500 0.1% 2.8%
Employment 164,100 164,000 159,500 0.1% 2.9%
Unemployment 3,000 3,000 3,000 0.0% 0.0%
Unemployment Rate 1.8% 1.8% 1.9%    
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 with the U.S. Bureau of Labor Statistics

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