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 52,025 in October 2013. 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.) Please note: Beginning this month, a new methodology is being adopted for estimating labor supply. Learn more about the improved methodology which incorporates the most appropriate and recent data inputs available.
South Dakota Labor Supply
This data is seasonally adjusted.
Preliminary estimates show the October 2013 South Dakota labor force unchanged over the month, with the level of employed increasing by 100 (0.0 percent). The level of unemployed decreased by 100 (0.6 percent). The unemployment rate remained at 3.7 percent.
Nationally, both the number of unemployed persons, at 11.3 million, and the unemployment rate, at 7.3 percent, changed little in October.
South Dakota's October 2013 labor force of 449,400 increased compared to the October 2012 level of 446,100. The level of employed increased by 6,100 (1.4 percent); the level of unemployed decreased by 2,800 persons (14.4 percent).
South Dakota Unemployment Rates by County
Not seasonally adjusted
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.
Based on a monthly survey of South Dakota establishments, preliminary estimates show the nonfarm wage and salaried worker level is 423,700 for October, decreasing by 2,800 (0.7 percent) compared to the final September estimate of 426,500.
Educational and health services increased by 1,000 workers (1.5 percent). Leisure and hospitality had an decrease of 3,300 workers (6.8 percent). Mining, logging and construction lost 600 workers (2.6 percent). Trade, transportation and utilities decreased by 500 workers (0.6 percent). Worker decreases are typical for this time of the year when summer events have ended.
There were many events in October that impacted business activity in these industries, such as Oktoberfest, Harvest Festival, Wild West Songwriters Festival, Pumpkin Festival, Black Hills Pow Wow and the Black Hills Grand Outdoors Sports and Recreation Show. There was also a large snowstorm that happened in the early part of the month in Rapid City and surrounding areas. October is also the start of the hunting season for the state.
The nonfarm wage and salaried worker level increased by 4,400 (1.0 percent) when comparing the October 2012 level of 419,300 to the October 2013 level of 423,700.
Industries adding the most workers included leisure and hospitality; trade, transportation and utilities; and educational and health services. The leisure and hospitality sector added 1,100 workers (2.5 percent), for a total of 45,400 in October 2013, up from the October 2012 level of 44,300. The trade, transportation and utilities industry continues to trend upward, with an increase of 1,300 workers (1.6 percent) in October 2013.
The educational and health services sector added 1,000 workers (1.5 percent) over the year to a level of 69,000 in October 2013 compared to 68,000 in October 2012. Growth in this sector is driven largely by the continued demand for healthcare services.
Find nonfarm worker data for areas within South Dakota.
See more information on the Current Employment Statistics (CES) Program, including definitions.
700 Governors Drive
Pierre, SD 57501-2291