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Labor Market Information Center
August South Dakota statewide data just released
Please note: The following data release includes August 2024 seasonally adjusted statewide labor force and both seasonally adjusted and not seasonally adjusted statewide nonfarm data. The full release of August 2024 labor force and not seasonally adjusted nonfarm wage and salaried worker data for all areas will be September 27, with the publication of the September 2024 South Dakota e-Labor Bulletin. August 2024 not seasonally adjusted data will also be available in the virtual labor market data system at that time. The release of August 2024 seasonally adjusted labor force data for the two Metropolitan Statistical Areas is scheduled for Oct. 2, 2024.
Labor Force
Preliminary estimates show South Dakota's unemployment rate remained unchanged at 2.0% in August 2024. The labor force increased over the month by 600 workers (0.1%) to 483,200 workers. The level of unemployed remained steady with 9,600 persons unemployed.
Seasonally Adjusted Labor Force | |||||||||
August 2024 | July 2024 | ||||||||
Labor Force | Employed | Unemployed | Rate | Labor Force | Employed | Unemployed | Rate | ||
United States | 168,549,000 | 161,434,000 | 7,115,000 | 4.2% | 168,429,000 | 161,266,000 | 7,163,000 | 4.3% | |
South Dakota | 483,200 | 473,600 | 9,600 | 2.0% | 482,600 | 473,000 | 9,600 | 2.0% | |
Source: Labor Market Information Center, South Dakota Department of Labor and Regulation, in cooperation with the U.S. Bureau of Labor Statistics |
South Dakota's August 2024 labor force of 483,200 increased compared to the August 2023 level of 481,700. The level of employed increased by 1,800 (0.4%); the number of unemployed decreased by 200 persons (2.0%). The unemployment rate stayed stable at 2.0%.
Seasonally Adjusted Labor Force | |||||||||
August 2024 | August 2023 | ||||||||
Labor Force | Employed | Unemployed | Rate | Labor Force | Employed | Unemployed | Rate | ||
United States | 168,549,000 | 161,434,000 | 7,115,000 | 4.2% | 167,840,000 | 161,500,000 | 6,340,000 | 3.8% | |
South Dakota | 483,200 | 473,600 | 9,600 | 2.0% | 481,700 | 471,800 | 9,800 | 2.0% | |
Source: Labor Market Information Center, South Dakota Department of Labor and Regulation, in cooperation with the U.S. Bureau of Labor Statistics |
The unemployment rate represents the number of unemployed as a percentage of the labor force. People are classified as unemployed if they do not have jobs, have actively looked for work in the prior four weeks and are currently available for work. People who were not working and were waiting to be recalled to jobs from which they were temporarily laid off are also included as unemployed.
Note: 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.
Nonfarm wage & salaried workers
The August 2024 nonfarm worker data is preliminary and subject to revision.
Seasonally Adjusted
The seasonally adjusted nonfarm worker level decreased 3,100 workers (0.7%) over the month to 464,700 workers in August 2024. Losses in Leisure and Hospitality accounted for this decline. Leisure and Hospitality worker levels fell 3,200 over the month, dropping to 47,300 workers in August 2024.
Over the year, the seasonally adjusted nonfarm worker level increased by 1,500 workers (0.3%). The top three contributors to this growth were Construction (1,900 workers or 6.7%), Government (1,300 workers or 1.6%), and Health Care and Social Assistance (1,200 workers or 1.7%).
South Dakota (Seasonally Adjusted) |
|||||
% Change From | |||||
August* 2024 |
July 2024 |
August 2023 |
Last Month |
Last Year |
|
Total Nonfarm | 464,700 | 467,800 | 463,200 | -0.7 | 0.3 |
Mining, Logging and Construction | 31,500 | 31,600 | 29,600 | -0.3 | 6.4 |
Mining and Logging | 1,200 | 1,200 | 1,200 | 0.0 | 0.0 |
Construction | 30,300 | 30,400 | 28,400 | -0.3 | 6.7 |
Manufacturing | 44,100 | 44,300 | 45,100 | -0.5 | -2.2 |
Durable Goods | 26,600 | 26,900 | 28,200 | -1.1 | -5.7 |
Non-durable Goods | 17,500 | 17,400 | 16,900 | 0.6 | 3.6 |
Trade, Transportation and Utilities | 92,900 | 92,600 | 92,100 | 0.3 | 0.9 |
Wholesale Trade | 22,500 | 22,500 | 22,200 | 0.0 | 1.4 |
Retail Trade | 54,400 | 54,300 | 54,100 | 0.2 | 0.6 |
Transportation, Warehousing and Utilities | 16,000 | 15,800 | 15,800 | 1.3 | 1.3 |
Information | 5,000 | 5,100 | 5,100 | -2.0 | -2.0 |
Financial Activities | 27,100 | 27,200 | 27,800 | -0.4 | -2.5 |
Professional and Business Services | 37,700 | 37,700 | 37,500 | 0.0 | 0.5 |
Private Education and Health Services | 78,100 | 78,100 | 77,100 | 0.0 | 1.3 |
Private Educational Services | 7,300 | 7,300 | 7,500 | 0.0 | -2.7 |
Health Care and Social Assistance | 70,800 | 70,800 | 69,600 | 0.0 | 1.7 |
Leisure and Hospitality | 47,300 | 50,500 | 49,500 | -6.3 | -4.4 |
Other Services (except Public Administration) | 18,500 | 18,200 | 18,200 | 1.6 | 1.6 |
Government | 82,500 | 82,500 | 81,200 | 0.0 | 1.6 |
Federal Government | 11,800 | 11,700 | 11,600 | 0.9 | 1.7 |
State Government | 18,300 | 18,400 | 18,200 | -0.5 | 0.5 |
Local Government | 52,400 | 52,400 | 51,400 | 0.0 | 1.9 |
Source: Labor Market Information Center, South Dakota Department of Labor and Regulation, in cooperation with the U.S. Bureau of Labor Statistics |
The table above shows the seasonally adjusted data. A table displaying the not seasonally adjusted data can be found below. Visit our technical notes page for an explanation of seasonal adjustment.
Not Seasonally Adjusted
Over the month, the not seasonally adjusted nonfarm wage and salaried worker level decreased 900 workers (0.2%), dropping to 471,900 workers in August 2024. This decline is a result of losses in Leisure and Hospitality (1,100 workers or 2.0%), Manufacturing (600 workers or 1.4%), and Construction (500 workers or 1.5%).
Over the year, the not seasonally adjusted worker level increased by 3,500 (0.7%). The largest number of workers were added within Construction (2,400 workers or 7.8%), Health Care and Social Assistance (1,600 workers or 2.3%), and Government (1,300 workers or 1.7%).
South Dakota (Not Seasonally Adjusted) |
|||||
% Change From | |||||
August* 2024 |
July 2024 |
August 2023 |
Last Month |
Last Year |
|
Total Nonfarm | 471,900 | 472,800 | 468,400 | -0.2 | 0.7 |
Mining, Logging and Construction | 34,600 | 35,100 | 32,200 | -1.4 | 7.5 |
Mining and Logging | 1,300 | 1,300 | 1,300 | 0.0 | 0.0 |
Construction | 33,300 | 33,800 | 30,900 | -1.5 | 7.8 |
Construction of Buildings | 8,300 | 8,300 | 7,500 | 0.0 | 10.7 |
Heavy and Civil Engineering Construction | 6,000 | 6,000 | 5,400 | 0.0 | 11.1 |
Specialty Trade Contractors | 19,000 | 19,500 | 18,000 | -2.6 | 5.6 |
Manufacturing | 43,800 | 44,400 | 45,300 | -1.4 | -3.3 |
Durable Goods | 26,400 | 26,900 | 28,400 | -1.9 | -7.0 |
Non-Durable Goods | 17,400 | 17,500 | 16,900 | -0.6 | 3.0 |
Trade, Transportation and Utilities | 93,800 | 93,700 | 92,800 | 0.1 | 1.1 |
Wholesale Trade | 22,600 | 22,500 | 22,300 | 0.4 | 1.3 |
Retail Trade | 55,200 | 55,500 | 54,700 | -0.5 | 0.9 |
Transportation, Warehousing and Utilities | 16,000 | 15,700 | 15,800 | 1.9 | 1.3 |
Information | 5,100 | 5,100 | 5,200 | 0.0 | -1.9 |
Financial Activities | 27,000 | 27,300 | 28,000 | -1.1 | -3.6 |
Professional and Business Services | 38,600 | 38,400 | 38,000 | 0.5 | 1.6 |
Private Education and Health Services | 77,700 | 77,000 | 76,200 | 0.9 | 2.0 |
Private Educational Services | 6,200 | 6,100 | 6,300 | 1.6 | -1.6 |
Health Care and Social Assistance | 71,500 | 70,900 | 69,900 | 0.8 | 2.3 |
Hospitals | 28,800 | 28,700 | 28,500 | 0.3 | 1.1 |
Leisure and Hospitality | 54,300 | 55,400 | 54,800 | -2.0 | -0.9 |
Other Services (except Public Administration) | 18,400 | 18,300 | 18,600 | 0.5 | -1.1 |
Government | 78,600 | 78,100 | 77,300 | 0.6 | 1.7 |
Federal Government | 11,800 | 11,700 | 11,600 | 0.9 | 1.7 |
State Government | 17,000 | 16,800 | 16,900 | 1.2 | 0.6 |
State Government Educational Services | 7,400 | 7,200 | 7,400 | 2.8 | 0.0 |
Local Government | 49,800 | 49,600 | 48,800 | 0.4 | 2.0 |
Local Government Educational Services | 22,700 | 21,600 | 22,400 | 5.1 | 1.3 |
Source: Labor Market Information Center, South Dakota Department of Labor and Regulation, in cooperation with the U.S. Bureau of Labor Statistics |
*Note: All August 2024 data in the tables and narrative above is preliminary and subject to revision.
A more comprehensive overview of the labor market in August 2024, including substate labor force and nonfarm industry data, will be available Sept. 27 in the South Dakota e-Labor Bulletin published on this website. To view the current e-Labor Bulletin, click on the large "e" on our home page or subscribe to receive an email notice when a new edition is available.