Labor Market Information Center
SD DEPARTMENT OF LABOR

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Snapshot of South Dakota's Economy

 

Monthly Data

Data Series

July 2008

July 2007

% Change

Labor Force Data (seasonally adjusted)

South Dakota

Labor Force

443,600

443,900

-0.1%

Employment

430,200

431,000

-0.2%

Unemployment

13,400

12,800

4.7%

Unemployment Rate

3.0%

2.9%

 

United States

Labor Force

154,603,000

153,182,000

0.9%

Employment

145,819,000

146,045,000

-0.2%

Unemployment

8,784,000

7,137,000

23.1%

Unemployment Rate

5.7%

4.7%

 

Nonfarm Wage and Salary Employment

Total Nonfarm

418,500

413,200

1.3%

Natural Resources, Mining & Construction

50,700

51,000

-0.6%

Manufacturing

13,100

13,000

0.8%

Wholesale Trade

31,900

31,300

1.9%

Retail Trade

28,900

28,400

1.8%

Transportation, Warehousing & Utilities

60,900

59,400

2.5%

Information

5,900

5,800

1.7%

Financial Activities

55,000

53,600

2.6%

Professional & Business Services

47,700

47,100

1.3%

Educational & Health Services

16,000

16,100

-0.6%

Leisure & Hospitality

16,400

16,500

-0.6%

Other Services

6,900

6,800

1.5%

Government

45,300

45,100

0.4%

Annual Data

 

United States

South Dakota

 

2006

2007

% Change

2006

2007

% Growth

National Rank in % Growth

Population1

298,754,819

301,621,157

1.0%

788,467

796,214

1.0%

20

Gross Domestic Product2
  
(in millions of current dollars)

$13,119,938

$13,743,021

4.7%

$32,008

$33,934

6.0%

11

Per Capita Personal Income3

$36,714 $38,611

5.2%

$32,030

$33,905

5.9%

12

1Source: U.S. Census Bureau
2Bureau of Economic Analysis, U.S. Department of Commerce
3Bureau of Economic Analysis, U.S. Department of Commerce

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If you have questions or need more information, contact Melodee Lane of the Labor Market Information Center at (605) 626-2314 or e-mail her at melodee.lane@state.sd.us.