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Marcia Hultman

Cabinet Secretary

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Labor Market Information Center

May South Dakota statewide data just released

Please note: The following data release includes May 2024 seasonally adjusted statewide labor force and both seasonally adjusted and not seasonally adjusted statewide nonfarm data. The full release of May 2024 labor force and not seasonally adjusted nonfarm wage and salaried worker data for all areas will be June 28, with the publication of the June 2024 South Dakota e-Labor Bulletin. May 2024 not seasonally adjusted data will also be available in the virtual labor market data system at that time. The release of May 2024 seasonally adjusted labor force data for the two Metropolitan Statistical Areas is scheduled for July 3, 2024.

Labor Force

Preliminary estimates show South Dakota's unemployment rate remained unchanged at 2.0% in May 2024. The labor force increased over the month by 100 workers (0.0%) to 481,600 workers. The level of unemployed decreased by 100 (1.0%) to 9,600 persons unemployed.

Seasonally Adjusted Labor Force
  May 2024   April 2024
Labor Force Employed Unemployed Rate Labor Force Employed Unemployed Rate
United States 167,732,000 161,083,000 6,649,000 4.0% 167,982,000 161,491,000 6,492,000 3.9%
South Dakota 481,600 472,000 9,600 2.0% 481,500 471,700 9,700 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 May 2024 labor force of 481,600 increased compared to the May 2023 level of 480,500. The level of employed increased by 900 (0.2%); the level of unemployed increased by 300 persons (3.2%). The unemployment rate increased 0.1% to 2.0%.

Seasonally Adjusted Labor Force
  May 2024   May 2023
Labor Force Employed Unemployed Rate Labor Force Employed Unemployed Rate
United States 167,732,000 161,083,000 6,649,000 4.0% 166,823,000 160,707,000 6,117,000 3.7%
South Dakota 481,600 472,000 9,600 2.0% 480,500 471,100 9,300 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 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 May 2024 nonfarm worker data is preliminary and subject to revision.

Seasonally Adjusted

The seasonally adjusted nonfarm worker level increased 1,100 workers (0.2%) over the month to 468,500 workers in May 2024. This growth is a result of gains in Leisure and Hospitality (500 workers or 1.0%), Financial Activities (400 workers or 1.5%), and Health Care and Social Assistance (400 workers or 0.6%).

Over the year, the seasonally adjusted nonfarm worker level increased by 8,300 workers (1.8%). The top three contributors to this growth were Government (2,200 workers or 2.7%), Construction (1,900 workers or 6.8%), and Leisure and Hospitality (1,900 workers or 3.9%).

South Dakota
(Seasonally Adjusted)
  % Change From
  May*
2024
April
2024
May
2023
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
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 increased 10,200 workers (2.2%), climbing to 473,000 workers in May 2024. Leisure and Hospitality had the largest over-the-month growth, adding 4,800 workers in May 2024. Gains in Leisure and Hospitality are typical this time of year as many establishments increase their work force to prepare for a rise in visitors in the summer.

Over the year, the not seasonally adjusted worker level increased by 8,100 (1.7%). The largest number of workers were added within Leisure and Hospitalty (2,300 workers or 4.6%), Government (2,100 workers or 2.5%), and Construction (1,800 workers or 6.3%).

South Dakota
(Not Seasonally Adjusted)
    % Change From
May*
2024
April
2024
May
2023
Last
Month
Last
Year
Total Nonfarm 473,000 462,800 464,900 2.2 1.7
 Mining, Logging and Construction 31,900 30,100 30,100 6.0 6.0
  Mining and Logging 1,300 1,300 1,300 0.0 0.0
  Construction 30,600 28,800 28,800 6.3 6.3
   Construction of Buildings 7,500 7,300 7,000 2.7 7.1
   Heavy and Civil Engineering Construction 5,500 4,800 4,900 14.6 12.2
   Specialty Trade Contractors 17,600 16,700 16,900 5.4 4.1
 Manufacturing 44,400 44,800 45,100 -0.9 -1.6
   Durable Goods 27,200 27,700 28,200 -1.8 -3.5
   Non-Durable Goods 17,200 17,100 16,900 0.6 1.8
 Trade, Transportation and Utilities 91,900 90,500 91,800 1.5 0.1
   Wholesale Trade 22,900 22,700 22,500 0.9 1.8
   Retail Trade 53,500 52,300 53,900 2.3 -0.7
   Transportation, Warehousing and Utilities 15,500 15,500 15,400 0.0 0.6
 Information 5,200 5,100 5,100 2.0 2.0
 Financial Activities 27,300 27,100 27,900 0.7 -2.2
 Professional and Business Services 38,500 38,000 37,600 1.3 2.4
 Private Education and Health Services 78,500 77,700 76,600 1.0 2.5
   Private Educational Services  8,200 8,200 7,800 0.0 5.1
   Health Care and Social Assistance 70,300 69,500 68,800 1.2 2.2
     Hospitals 28,500 28,300 27,900 0.7 2.2
 Leisure and Hospitality 52,500 47,700 50,200 10.1 4.6
 Other Services (except Public Administration) 18,200 18,300 18,000 -0.5 1.1
Government 84,600 83,500 82,500 1.3 2.5
  Federal Government 11,900 11,700 11,600 1.7 2.6
  State Government 18,500 18,800 18,200 -1.6 1.6
     State Government Educational Services 9,600 9,900 9,400 -3.0 2.1
  Local Government 54,200 53,000 52,700 2.3 2.8
     Local Government Educational Services 28,800 28,900 28,400 -0.3 1.4
Source: Labor Market Information Center, South Dakota Department of Labor and Regulation, in cooperation with the U.S. Bureau of Labor Statistics

*Note: All May 2024 data in the tables and narrative above is preliminary and subject to revision.

A more comprehensive overview of the labor market in May 2024, including substate labor force and nonfarm industry data, will be available June 28 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.