Department of Labor and Regulation

South Dakota e-Labor Bulletin from the Labor Market Information Center, South Dakota Department of Labor and Regulation

Overview of the labor market in June

Labor Supply

The number of South Dakotans who would be available to staff a new or expanding business, or South
Dakota's labor supply, was estimated at 42,695
in June 2014. Included in this labor supply are those who currently hold jobs (and would like to change) and those who, for a variety of reasons, do not have jobs. (See related data.)

South Dakota Labor Supply
June 2014

June 2014 labor supply estimates by county for South Dakota

Labor Force

This data is seasonally adjusted.

Preliminary estimates show the June 2014 South Dakota labor force down over the month, with the level of employed decreasing by 700 (0.2 percent). The level of unemployed decreased by 200 (1.2 percent).

Nationally, the unemployment rate declined by 0.2 percentage point to 6.1 percent. The number of unemployed persons decreased by 325,000 to 9.5 million. Over the year, the unemployment rate and the number of unemployed persons have declined by 1.4 percentage points and 2.3 million, respectively.

South Dakota's June 2014 labor force of 453,400 increased compared to the June 2013 level of 448,600. The level of employed increased by 5,000 (1.2 percent); the level of unemployed decreased by 200 persons (1.2 percent).

South Dakota Unemployment Rates by County
Not seasonally adjusted
June 2014

June 2014 unemployment rates by county for South Dakota

Notes about labor force data

The unemployment rate represents the number of unemployed as a percent 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.

Labor force estimates for South Dakota are produced by the Labor Market Information Center in cooperation with the U.S. Bureau of Labor Statistics. The concepts and definitions underlying the labor force data come from the Current Population Survey (CPS), the household survey which is the official measure of the labor force for the nation. The statewide estimate of the number of nonfarm jobs is a component of the model used to produce the labor force estimates. Other data used in this model include the number of continued unemployment insurance claims and survey data from the Current Population Survey (CPS) which is specific to the state.

Although state specific data is used in the production of the labor force estimates for South Dakota, the state monthly model estimates are controlled in "real time" to sum to national monthly labor force estimates from the CPS. Therefore, variation in the estimates of the employed and unemployed are somewhat controlled by what is happening nationally. (See methodology.)

South Dakota Nonfarm Wage & Salaried Workers by Industry

This data is not seasonally adjusted.

Over-the-month comparisons

Based on a monthly survey of South Dakota establishments where employment data is collected for the pay periods that occur during the 12th of the month, preliminary estimates show the total nonfarm wage and salaried worker level increased by 5,700 (or 1.3 percent) from May 2014 to June 2014.

Private service-providing industries produced the overwhelming majority of the over-the-month growth. There were numerous events that increased the demand for these services such as the Fort Sisseton Historical Festival, Car and Motorcycle Show, BBQ Championship, Wheel Jam, Renaissance Festival, Wheels and Squeals, Crazy Horse Stampede Rodeo, Wild Bill Days, Art and Wine Festival, Czech Days, Arts in the Park, Music Festival, Red Power Round Up, Crystal Springs Rodeo and Camaro Rally.

The leisure and hospitality industry showed the largest private gain with a 2,300 worker (or 5.0 percent) increase, and retail trade added 900 workers (or 1.8 percent); seasonal events demanded more of these industries' services. Professional and business services added 800 workers (2.6 percent). Local government also showed solid seasonal over-the-month growth with an 800 worker (or 1.6 percent) increase as staff and faculty were hired to prepare for the beginning of a new school year.

Over-the-year comparisons

Based on a monthly survey of South Dakota establishments, preliminary estimates show total nonfarm wage and salaried workers increased by 3,300 (or 0.8 percent) from June 2013 to June 2014.

Professional and business services had an over-the-year increase of 1,600 workers (5.3 percent). The June 2014 level was 31,600 compared to 30,000 in June 2013. During the time frame of January 2003 to December 2013, the industry has overall continued to trend upwards.

Wholesale trade showed worker gains over-the-year with an added 800 workers (3.9 percent). The June 2013 level was 20,300 compared to 21,100 in June 2014. The whole industry has been steadily trending upward since 2008.

Manufacturing produced a 400 worker (or 0.9 percent) increase from 42,600 in June 2014 from 42,200 in June 2013. South Dakota manufacturing has performed uniquely, as the industry produced worker growth from the beginning of 2004 all the way through November 2008, while national manufacturing has not shown growth since 1998. South Dakota showed its first over-the-year loss in August 2008 as the national recession became more pronounced and the world recession continued. South Dakota has shown a steady increase in manufacturing from the recession.

Leisure and hospitality had a worker loss of 400 workers over the year (0.8 percent) to a level of 48,000 in June 2014. The June 2013 worker level was 48,400. This sector fluctuates due to seasonality and events during the year. During the years of 2003-2013, the industry shows very consistently of peak and low yearly patterns.

Find nonfarm worker data for areas within South Dakota.

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See more information on the Current Employment Statistics (CES) Program, including definitions.

 


Marcia Hultman, Secretary
700 Governors Drive
Pierre, SD 57501-2291
Tel. 605.773.3101
Fax. 605.773.6184