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 48,670 in March 2015. 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
This data is seasonally adjusted.
Preliminary estimates show the March 2015 South Dakota labor force up over the month, with the level of employed increasing by 700 (0.2 percent). The level of unemployed increased by 600 (3.9 percent).
South Dakota's March 2015 labor force of 451,600 increased compared to the March 2014 level of 447,600. The level of employed increased by 3,500 (0.8 percent); the level of unemployed increased by 600 persons (3.9 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 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 2,900 (or 0.7 percent) from February 2015 to March 2015.
There were numerous events that took place, such as the Big Boy Toy Show, Home Show, St. Patrick's Day Weekend, RV Spring Camper Show, Wingapalooza, Curt Gun Show, ABATE Motorcycle Show, Little Britches Rodeo and Wine Fest Renaissance.
Worker levels in most sectors increased or were unchanged over the month. Manufacturing, wholesale trade and information were unchanged. The sectors with the largest gain in workers were education and health services with an increase of 500 workers (0.7 percent) and leisure and hospitality with a gain of 700 workers (1.7 percent).
Based on a monthly survey of South Dakota establishments, preliminary estimates show total nonfarm wage and salaried workers increased by 5,400 (or 1.3 percent) from March 2014 to March 2015.
Professional and business services had an over-the-year decrease of 100 workers (0.3 percent). The March 2015 level was 29,300 compared to 29,400, in March 2014. During the time frame of January
2004 to December 2014, the industry as a whole has continued to trend upward.
Wholesale trade showed worker gains over the year with an added 700 workers (3.4 percent). The March 2014 level was 20,400 compared to 21,100 in March 2015. The wholesale trade industry has remained fairly stable from January 2004 to December 2014 and is slowly trending upward. Retail trade gained 1,000 workers (2.0 percent), reaching a level of 51,400 in March 2015.
Manufacturing produced a gain of 1,300 workers (3.1 percent) over the year from 41,600 in March 2014 to 42,900 in March 2015. In the last 10 years, manufacturing steadily trended upward until the recession. Manufacturing worker levels then hit a low in January 2010, but have been trending upward since.
Leisure and hospitality had a worker loss of 700 workers over the year (1.7 percent), dropping to a level of 41,600 in March 2015. The March 2014 worker level was 42,300. This sector fluctuates due to seasonality and events during the year.
Education and health services increased over the year from 68,300 in March 2014 to 70,200 in March 2015. The sectors gained 1,900 workers (2.8 percent). This sector has continued to steadily trend upward since January 2004.
For a printer-friendly version of this Overview, print pages 3-5 of the March e-Labor Bulletin (in Adobe PDF format).
See more information on the Current Employment Statistics (CES) Program, including definitions.