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

August
2020		 July
2020		 August
2019		 Percent Change
Last
Month		 Last
Year
United States
Labor Force 160,838,000 159,870,000 163,894,000 0.6% -1.9%
Employment 147,288,000 143,532,000 157,895,000 2.6% -6.7%
Unemployment 13,550,000 16,338,000 5,999,000 -17.1% 125.9%
Unemployment Rate 8.4% 10.2% 3.7%    

August
2020		 July
2020		 August
2019		 Percent Change
Last
Month		 Last
Year
South Dakota
Labor Force 459,400 466,200 464,900 -1.5% -1.2%
Employment 437,400 436,300 449,300 0.3% -2.6%
Unemployment 22,000 30,000 15,600 -26.7% 41.0%
Unemployment Rate 4.8% 6.4% 3.3%    
South Dakota Nonfarm Wage and Salary Employment
Seasonally Adjusted
  August
2020		 July
2020		 August
2019		 Percent Change
Last
Month		 Last
Year
Total Nonfarm 420,600 419,200 440,500 0.3% -4.5%
Mining, Logging and Construction 27,600 27,400 24,900 0.7% 10.8%
  Mining and Logging 1,100 1,100 1,000 0.0% 10.0%
  Construction 26,500 26,300 23,900 0.8% 10.9%
Manufacturing 41,800 42,200 44,900 -0.9% -6.9%
Trade, Transportation and Utilities 82,400 82,100 85,900 0.4% -4.1%
  Wholesale Trade 20,700 20,700 21,200 0.0% -2.4%
  Retail Trade 49,000 48,700 51,000 0.6% -3.9%
  Transportation, Warehousing and Utilities 12,700 12,700 13,700 0.0% -7.3%
Information 5,200 5,200 5,400 0.0% -3.7%
Financial Activities 29,000 29,000 29,000 0.0% 0.0%
Professional and Business Services 33,200 33,300 33,200 -0.3% 0.0%
Education and Health Services 70,900 70,400 73,600 0.7% -3.7%
  Educational Services 7,200 6,800 7,300 5.9% -1.4%
  Health Care and Social Assistance 63,700 63,600 66,300 0.2% -3.9%
Leisure and Hospitality 40,600 41,800 47,000 -2.9% -13.6%
Other Services (except Public Administration) 15,300 14,600 16,900 4.8% -9.5%
Government 74,600 73,200 79,700 1.9% -6.4%
  Federal Government 11,900 11,300 11,200 5.3% 6.3%
  State Government 17,000 17,000 18,200 0.0% -6.6%
  Local Government 45,700 44,900 50,300 1.8% -9.1%
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
  July
2020		 June
2020		 July
2019		 Percent Change
Last
Month		 Last
Year
Rapid City Metropolitan Statistical Area
Labor Force 73,500 74,400 75,000 -1.2% -2.0%
Employment 68,100 68,000 72,300 0.1% -5.8%
Unemployment 5,500 6,500 2,700 -15.4% 103.7%
Unemployment Rate 7.4% 8.7% 3.6%    
Sioux Falls Metropolitan Statistical Area
Labor Force 158,700 160,200 156,400 -0.9% 1.5%
Employment 149,200 149,000 152,000 0.1% -1.8%
Unemployment 9,600 11,200 4,400 -14.3% 118.2%
Unemployment Rate 6.0% 7.0% 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, in cooperation wtih the U.S. Bureau of Labor Statistics

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