Estimating the impact of the Healthcare and Social Assistance industry sector on South Dakota's economy
Using the IMPLAN (IMPact Analysis for PLANning) economic impact modeling software and employment projections to 2022, we estimated what impact the Healthcare and Social Assistance industry sector's projected employment growth will have on South Dakota's economy. Tell me more.
Overview of South Dakota labor market
February 2015 labor force and nonfarm industry employment data is now available online. See an overview of the new data.
Snapshot of South Dakota's economy
Get a quick synopsis, or snapshot, of the most current data available for numerous closely watched economic indicators.
Labor market information barometer
A real time labor market Information line graph, "LMI Barometer," graphically monitors fluctuations in the state's labor market, comparing the number of South Dakota residents seeking employment with the number of available jobs and the number of New Hires reported, using the most current data possible. See the LMI Barometer.
County nonfarm wage and salaried worker data discontinued
Going forward, the nonfarm wage and salaried worker estimates previously published at the county level in South Dakota will no longer be available. The nonfarm estimates will continue to be published for statewide South Dakota and the Rapid City and Sioux Falls metro areas. For worker levels at the county level, we recommend use of Quarterly Census of Employment and Wages (QCEW) data, which also includes industry detail as well as average pay data by county. Please contact the Labor Market Information Center at 605.626.2314 with any questions, concerns, or for assistance using the QCEW data.
Labor force program redesign introduced with January 2015 data
As a reminder, the Local Area Unemployment Statistics (LAUS) program, which produces labor force estimates for states and substate areas, recently underwent a redesign. January 2015 estimates were the first data published since the redesign was implemented, with the February 2015 estimates published in this issue of the Labor Bulletin following suit. Tell me more about the labor force program redesign.
Rapid City metro area designation changed
The Rapid City Metropolitan Statistical Area (MSA) changed to include Custer County as well as the previously-included counties of Pennington and Meade. MSAs, designated by the U.S. Office of Management and Budget (OMB), must have at least one urbanized area of 50,000 or more population, plus adjacent territory that has a high degree of social and economic integration with the core as measured by commuting ties.
The various data sets available from LMIC will be phasing this new three-county Rapid City MSA designation into the data over the next several months.
Click here to find out when the next data release from LMIC will be.