south dakota e-labor bulletin february 2017 south dakota e...

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Abundant opportunities to shop exist throughout South Dakota. A person could be buying groceries, putting gas in a car, looking at the new clothing styles at a boutique or department store, or making a purchase online. These are just a few examples of the different types of retail trade South Dakota offers. The Retail Trade sector is part of the Trade (including wholesale and retail trade), Transportation and Utilities supersector. Over the last 15 years, consumers consistently have been able to shop at more than 4,000 establishments in South Dakota. In 2015, Retail Trade was the largest industry sector in terms of establishments in South Dakota. This sector had more than 52,000 workers in 2015, which is the second largest industry sector in terms of workers, trailing the Health Care and Social Assistance sector. The Retail Trade sector has been stable over the last 15 years as shown in the table below. The establishment numbers and employment levels have fluctuated over time; however, the average wages have steadily increased. The retailing process is the last step in the distribution of merchandise. Wholesaler establishments take the products from the manufacturers and distribute them to retail stores for sale to the public. The Retail Trade sector comprises establishments engaged in retailing merchandise and is made up of two types of retailers: store and nonstore retailers. Browsing through South Dakota’s Retail Trade Sector South Dakota e-Labor Bulletin February 2017 South Dakota Covered Worker Annual Data Retail Trade Private Ownership 2001-2015 Year Number of Establishments Average Number of Workers Average Annual Wage 2001 4,295 48,346 $18,117 2002 4,232 48,131 $18,758 2003 4,216 48,303 $19,402 2004 4,250 48,551 $19,871 2005 4,260 49,276 $20,189 2006 4,220 49,220 $20,806 2007 4,147 49,957 $21,480 2008 4,193 50,162 $21,936 2009 4,076 49,586 $22,150 2010 4,054 49,532 $23,077 2011 4,065 50,188 $23,714 2012 4,016 51,051 $24,533 2013 4,025 51,236 $25,151 2014 4,013 51,850 $26,180 2015 4,077 52,908 $27,018 Source: Quarterly Census of Employment and Wages, Labor Market Informaon Center, South Dakota Department of Labor and Regulaon, December 2016. Store Retailers operate fixed point-of-sale locations, located and designed to attract a high volume of walk-in customers. Merchandise is typically sold to the general public, but retailers also service business and institutional clients. This includes establishments such as office supply stores, computer and software stores, building materials dealers, and electrical supply stores. In addition to retailing merchandise, some types of store retailers are also engaged in the provision of after-sales services, such as repair and installation. For example, new automobile dealers, 45,000 46,000 47,000 48,000 49,000 50,000 51,000 52,000 53,000 54,000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Average Number of Workers Years Retail Trade in South Dakota South Dakota e-Labor Bulletin February 2017 Page 1 of 24

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Page 1: South Dakota e-Labor Bulletin February 2017 South Dakota e ...dlr.sd.gov/lmic/lb/2017/february2017laborbulletin.pdf · General merchandise stores also account for a high number of

Abundant opportunities to shop exist throughout South Dakota. A person could be buying groceries, putting gas in a car, looking at the new clothing styles at a boutique or department store, or making a purchase online. These are just a few examples of the different types of retail trade South Dakota offers.

The Retail Trade sector is part of the Trade (including wholesale and retail trade), Transportation and Utilities supersector. Over the last 15 years, consumers consistently have been able to shop at more than 4,000 establishments in South Dakota. In 2015, Retail Trade was the largest industry sector in terms of establishments in South Dakota. This sector had more than 52,000 workers in 2015, which is the second largest industry sector in terms of workers, trailing the Health Care and Social Assistance sector.

The Retail Trade sector has been stable over the last 15 years as shown in the table below. The establishment numbers and employment levels have fluctuated over time; however, the average wages have steadily increased.

The retailing process is the last step in the distribution of merchandise. Wholesaler establishments take the products from the manufacturers and distribute them to retail stores for sale to the public. The Retail Trade sector comprises establishments engaged in retailing merchandise and is made up of two types of retailers: store and nonstore retailers.

Browsing through South Dakota’s Retail Trade Sector

South Dakota e-Labor BulletinFebruary 2017

South Dakota Covered Worker Annual Data Retail Trade

Private Ownership2001-2015

YearNumber of

Establishments

Average Number of

Workers

Average Annual Wage

2001 4,295 48,346 $18,117 2002 4,232 48,131 $18,758 2003 4,216 48,303 $19,402 2004 4,250 48,551 $19,871 2005 4,260 49,276 $20,189 2006 4,220 49,220 $20,806 2007 4,147 49,957 $21,480 2008 4,193 50,162 $21,936 2009 4,076 49,586 $22,150 2010 4,054 49,532 $23,077 2011 4,065 50,188 $23,714 2012 4,016 51,051 $24,533 2013 4,025 51,236 $25,151 2014 4,013 51,850 $26,180 2015 4,077 52,908 $27,018

Source: Quarterly Census of Employment and Wages, Labor Market Information Center, South Dakota Department of Labor and Regulation, December 2016.

• Store Retailers operate fixed point-of-sale locations,located and designed to attract a high volume ofwalk-in customers. Merchandise is typically sold tothe general public, but retailers also service businessand institutional clients. This includes establishmentssuch as office supply stores, computer and softwarestores, building materials dealers, and electricalsupply stores. In addition to retailing merchandise,some types of store retailers are also engaged in theprovision of after-sales services, such as repair andinstallation. For example, new automobile dealers,

45,00046,00047,00048,00049,00050,00051,00052,00053,00054,000

200120022003200420052006200720082009201020112012201320142015

Average Number of

Workers

Years

Retail Trade in South Dakota

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Retail trade is made up of 12 subsectors. Eleven of the subsectors in Retail Trade are store retailers, and one is a nonstore retailer. The table above shows a breakdown of the establishment numbers and worker levels in Retail Trade for 2015. A little more than 15 percent of the establishments (621 establishments) made up the Gasoline Stations subsector in 2015. Included in this group are gasoline service stations, truck stops and gasoline stations with convenience stores. Establishments in this subsector may also provide automotive repair services.

General Merchandise Stores make up more than 18 percent of the employees in Retail Trade. Department stores, warehouse clubs and supercenters, and other general merchandise stores such as dollar stores and auto supply stores are included in this subsector. Establishments in this subsector are unique in that they have the equipment and staff capable of retailing a large variety of goods from a single location. General merchandise stores also account for a high number of part-time employees.

Food and Beverage Stores trail the general merchandise stores with a little more than 17 percent of workers, accounting for more than 9,200 people. Industries in this subsector include retail food and beverage merchandise from a fixed point-of-sale location. Grocery stores, specialty food stores including meat markets, and beer, wine and liquor stores are included in this group.

Motor Vehicle and Parts Dealers and Building Material and Garden Supply Stores also make up a large portion of the workforce in South Dakota. Motor Vehicle and Parts Dealers account for more than 550 establishments and have the third largest percentage of workers in Retail Trade. This includes automobile dealers, recreational vehicle dealers, motorcycle and boat dealers, and auto parts, accessories and tire

South Dakota Covered Worker Annual DataRetail Trade in 2015

SubsectorNumber of

Establishments

Average Number of

Workers

Average Annual Wage

Motor Vehicle and Parts Dealers 567 7,686 $45,876Furniture and Home Furnishings Stores 187 1,454 $32,552Electronics and Appliance Stores 204 1,623 $39,360Building Material and Garden Supply Stores 406 5,533 $31,706Food and Beverage Stores 351 9,282 $19,056Health and Personal Care Stores 270 1,910 $30,911Gasoline Stations 621 6,568 $19,315Clothing and Clothing Accessories Stores 371 2,638 $16,957Sporting Goods, Hobby, Musical Instrument, and Book Stores 205 2,376 $20,018General Merchandise Stores 208 9,685 $22,036Miscellaneous Store Retailers 486 2,802 $22,821Nonstore Retailers 201 1,350 $42,813

Source: Quarterly Census of Employment and Wages, Labor Market Information Center, South Dakota Department of Labor and Regulation, December 2016.

electronics and appliance stores often provide repair services. As a general rule, establishments engaged in retailing merchandise and providing after sales services are classified in this sector.

• Nonstore Retailers are also organized to serve the general public; however, their methods differ fromstore retailers. The establishments of this subsector reach customers and market merchandise withmethods such as infomercials, direct-response advertising, paper and electronic catalogs, door-to-doorsolicitations, in-home demonstrations, sales from portable stalls (street vendors, except food), andvending machines.

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stores. Building Material and Garden Supply Stores account for a little more than 10 percent of the workers in retail trade with more than 5,500 workers. Home centers, hardware stores, outdoor power equipment stores, nurseries, and garden and farm supply stores are included in this subsector. Workers in this subsector are knowledgeable in the use of the specific products being sold in the construction, repair and maintenance of homes and yards.

The remaining subsectors employ approximately 14,100 workers in the retail industry, which is a little over 26 percent. Furniture stores, pharmacies, clothing stores, florists, used merchandise stores, art dealers and nonstore retailers are some of the examples included in this grouping.

Nonstore Retailers have had the largest percentage of growth in establishments over the last 15 years in the Retail Trade sector. They have gone from 144 establishments in 2001 to 201 establishments in 2015, which equals a 39 percent increase. Advances in technology have opened up many methods for making purchases. Now consumers are able to make some purchases without leaving the comfort of their home using computers, tablets or cell phones. Electronic shopping, mail-order houses, vending machine operators, fuel dealers and other direct selling establishments are included in the Nonstore Retail subsector.

Opportunities will continue to emerge in the Retail Trade sector as technology advances. How we shop may change over time; however, everyone will continue to shop as we simply need things. Retail Trade is projected to continue growing according to the 2014-2024 industry projections (long-term) in South Dakota. Everyone will continue to shop out of necessity. Some may shop to pass the time. Some like to shop as hobby. Shopping is here to stay.

125

145

165

185

205

225

200120022003200420052006200720082009201020112012201320142015

Number of Establishments

Years

Nonstore Retailers in South Dakota

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Overview of the Current Labor MarketThe analysis below is based on the most current labor market data available at any point in time.

Labor SupplyThe number of South Dakotans who would be available to staff a new or expanding business, or South Dakota's labor supply, was estimated at 47,380 in January 2017. 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.

South Dakota Labor SupplyJanuary 2017

Labor ForceThis data is seasonally adjusted.

Preliminary estimates show the January 2017 South Dakota labor force up over the month, with the level of employed increasing to 442,200. The level of unemployed decreased by 100 (0.8 percent) to 13,000.

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South Dakota Unemployment Rates by CountyNot seasonally adjustedJanuary 2017

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.

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South Dakota Nonfarm Wage & Salaried Workers by IndustryThis data is not seasonally adjusted.

Over-the-month comparisons

Based on a monthly survey of South Dakota establishments, preliminary estimates show the total nonfarm wage and salaried worker level decreased by 9,900 (or 2.3 percent) from December 2016 to January 2017.

The Leisure and Hospitality sector experienced the largest worker loss, decreasing by 2,300 workers (5.2 percent), correlating with the slower winter months.

Construction decreased by 1,700 workers (7.9 percent) in January. Historically, the construction sector peaks in the summer as crew workers fix the roads and highways across the state and continues until cold weather starts.

Professional and Business Services decreased by 700 workers (2.2 percent) to 30,800 in January compared to 31,500 in December.

Other Services had a slight increase over-the-month of 100 workers (0.6 percent).

Education and Health Services decreased by 1,200 workers (1.7 percent), from 71,700 in December 2016 to 70,500 January 2017. This sector continues to grow and expand.

Retail Trade decreased over the month by 1,300 (2.4 percent) from 54,800 in December 2016 to 53,500 in January 2017.

Manufacturing had a loss of 1,100 workers (2.7 percent), decreasing from 41,100 in December to 40,000 in January. Financial Activities was unchanged over-the-month at 29,900 workers.

Over-the-year comparisons

Based on a monthly survey of South Dakota establishments, preliminary estimates show the total nonfarm wage and salaried worker level increased by 5,200 (1.2 percent) from January 2016 to January 2017. Since 2005, the South Dakota total nonfarm worker level has continued to trend upward.

Leisure and Hospitality decreased over the year by 400 workers (0.9 percent) to 42,100 in January 2017. Worker levels in this sector commonly fluctuate quite a bit due to the seasonality of this sector, depending on the time of year. Worker levels trends for this sector have been fairly consistent, typically peaking in August and reflecting lower levels during January and February.

Retail Trade gained 1,000 workers (1.9 percent), rising to a level of 53,500 in January 2017.

The Construction sector increased over the year in January 2017, with the employment level increasing by 900 workers (4.8 percent). Historically, the worker levels in this industry hit highs during the summer months and decline when colder weather hits.

Education and Health Services increased over the year to 70,500 in January 2017, gaining 1,400 workers (2.0 percent). The Education and Healthcare Services sector has remained fairly stable and continued to trend upward. The aging population continued to impact the demand for health care services.

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The Professional and Business Services sector had an over-the-year increase of 600 workers (2.0 percent). The worker level in this industry has continued to trend upward since January 2004. The worker level was 30,200 in January 2016 and increased to 30,800 in January 2017.

The Wholesale Trade worker level increased over the year by 500 workers (2.4 percent) to 21,500 workers in January 2017. The Wholesale Trade sector includes establishments engaged in wholesaling merchandise, as well as rendering services incidental to the sale of merchandise.

Manufacturing experienced a decrease over the year of 2,100 workers (5.0 percent). Worker levels had been steadily trending upward until the recession hit in 2009. Since then, worker levels have continued to trend upward overall. Durable Goods decreased over-the-year by 2,200 workers (7.9 percent). Durable Goods are not for immediate consumption and able to be kept for a period of time, such as cars, refrigerators and mobile phones. Non-Durable Goods increased by 100 workers (0.7 percent). Non-Durable Goods are immediately consumed in one use or ones that have a lifespan of less than three years. Examples of Non-Durable Goods are cosmetics, cleaning supplies, food and fuel.

The Other Services sector had a gain of 300 workers (1.9 percent), to a level of 16,000 workers in January 2017. Other Services include a wide variety of activities, including repair and maintenance, personal and laundry services, religious, grant making, private households and other similar organizations. Historical trends reflect consistent fluctuations with worker levels increasing during the summer months and declining in the spring months.

Financial Activities gained 800 workers (2.8 percent), reaching a level of 29,900 workers in January 2017. Worker levels within this sector had been trending upward, with a high point in 2010. Although a downturn occurred in 2014, worker levels have been trending upward again.

Government increased by 1,600 workers (2.1 percent) to a level of 78,700 in January 2017. The Government sector includes Federal, State and Local Government.

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IndustriesJanuary

2017December

2016January

2016

Percent Change

Last Month

LastYear

TOTAL 423,300 433,200 418,100 -2.3% 1.2%

Total Private 344,600 352,700 341,000 -2.3% 1.1%

Goods Producing 60,700 63,500 61,800 -4.4% -1.8%

Service Providing 362,600 369,700 356,300 -1.9% 1.8%

Private Service Providing 283,900 289,200 279,200 -1.8% 1.7%

Mining/Logging/Construction 20,700 22,400 19,700 -7.6% 5.1%

Mining and Logging 900 900 800 0.0% 12.5%

Construction 19,800 21,500 18,900 -7.9% 4.8%

   Construction of Buildings 5,300 5,600 5,200 -5.4% 1.9%

  Heavy/Civil Engineering Construction 2,700 3,400 2,400 -20.6% 12.5%

   Speciality Trade Contractors 11,800 12,500 11,300 -5.6% 4.4%

Manufacturing 40,000 41,100 42,100 -2.7% -5.0%

   Durable Goods 25,500 26,500 27,700 -3.8% -7.9%

   Non-Durable Goods 14,500 14,600 14,400 -0.7% 0.7%

  Trade, Transportation & Utilities 88,500 89,900 86,800 -1.6% 2.0%

   Wholesale Trade 21,500 21,300 21,000 0.9% 2.4%

   Retail Trade 53,500 54,800 52,500 -2.4% 1.9%

   Transportation/Warehousing/Utilities 13,500 13,800 13,300 -2.2% 1.5%

Information 6,100 5,900 5,800 3.4% 5.2%

Financial Activities 29,900 29,900 29,100 0.0% 2.8%

Professional Business Services 30,800 31,500 30,200 -2.2% 2.0%

Education/Health Service 70,500 71,700 69,100 -1.7% 2.0%

   Educational Services 7,100 7,900 7,300 -10.1% -2.7%

   Health Care/Social Assistance 63,400 63,800 61,800 -0.6% 2.6%

      Hospitals 24,800 24,800 23,900 0.0% 3.8%

Leisure/Hospitality 42,100 44,400 42,500 -5.2% -0.9%

Other Services (except Public Administration) 16,000 15,900 15,700 0.6% 1.9%

Government 78,700 80,500 77,100 -2.2% 2.1%

   Federal Government 11,700 11,900 11,100 -1.7% 5.4%

   State Goverment 18,100 19,000 18,000 -4.7% 0.6%

State Education 9,300 10,100 9,100 -7.9% 2.2%

   Local Government 48,900 49,600 48,000 -1.4% 1.9%

Local Education 26,600 27,300 26,200 -2.6% 1.5%

Notes: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding.

Source: Labor Market Information Center, South Dakota Department of Labor and Regulation. Produced in cooperation with the U.S. Bureau of Labor StatisticsAccess historical South Dakota nonfarm wage and salaried worker data.See the definition of nonfarm wage and salaried workers. See technical notes about nonfarm worker estimates.

South Dakota Nonfarm Worker LevelsNot Seasonally Adjusted

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IndustryJanuary

2017December

2016January

2016

Percent Change

LastMonth

LastYear

TOTAL 64,900 66,300 63,800 -2.1% 1.7%

Total Private 53,400 54,600 52,700 -2.2% 1.3%

Goods Producing 7,200 7,600 7,300 -5.3% -1.4%

Service Providing 57,700 58,700 56,500 -1.7% 2.1%

Private Service Providing 46,200 47,000 45,400 -1.7% 1.8%

Mining/Logging/Construction 4,400 4,800 4,500 -8.3% -2.2%

Manufacturing 2,800 2,800 2,800 0.0% 0.0%

   Trade/Transportation/Utilities 13,700 14,100 13,400 -2.8% 2.2%

   Wholesale Trade 2,500 2,500 2,400 0.0% 4.2%

   Retail Trade 9,400 9,800 9,300 -4.1% 1.1%

Transportation/Warehousing/Utilities 1,800 1,800 1,700 0.0% 5.9%

Information 900 900 800 0.0% 12.5%

Financial Activities 4,000 4,100 4,000 -2.4% 0.0%

Professional/Business Services 5,100 5,100 5,000 0.0% 2.0%

Educational/Health Services 11,400 11,400 11,000 0.0% 3.6%

Leisure/Hospitality 8,100 8,300 8,200 -2.4% -1.2%

Other Services 3,000 3,100 3,000 -3.2% 0.0%

Government 11,500 11,700 11,100 -1.7% 3.6%

Notes: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding.

Source: Labor Market Information Center, South Dakota Department of Labor and Regulation. Produced in cooperation with the U.S. Bureau of Labor Statistics. Access historical Rapid City MSA nonfarm wage and salaried worker data.See the definition of nonfarm wage and salaried workers. See the definition of the Rapid City MSA. See technical notes about nonfarm worker estimates.

Rapid City Metropolitan Statistical Area (MSA)Nonfarm Worker LevelsNot Seasonally Adjusted

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IndustryJanuary

2017December

2016January

2016

Percent Change

LastMonth

LastYear

TOTAL 151,100 154,200 148,200 -2.0% 2.0%

Total Private 137,400 140,300 134,600 -2.1% 2.1%

Goods Producing 20,600 21,000 20,400 -1.9% 1.0%

Service Providing 130,500 133,200 127,800 -2.0% 2.1%

Private Service Providing 116,800 119,300 114,200 -2.1% 2.3%

Mining/Logging/Construction 7,500 7,800 6,900 -3.9% 8.7%

Manufacturing 13,100 13,200 13,500 -0.8% -3.0%

   Trade/Transportation/Utilities 32,400 33,300 32,300 -2.7% 0.3%

   Wholesale Trade 8,200 8,300 8,200 -1.2% 0.0%

   Retail Trade 18,700 19,400 18,500 -3.6% 1.1%

Transportation/Warehousing/Utilities 5,500 5,600 5,600 -1.8% -1.8%

Information 2,600 2,500 2,600 4.0% 0.0%

Financial Activities 15,900 15,900 15,700 0.0% 1.3%

Professional/Business Services 15,000 15,200 14,100 -1.3% 6.4%

Educational/Health Services 31,300 31,900 30,400 -1.9% 3.0%

Leisure/Hospitality 14,500 15,400 14,100 -5.8% 2.8%

Other Services 5,100 5,100 5,000 0.0% 2.0%

Government 13,700 13,900 13,600 -1.4% 0.7%

Notes: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding.

Source: Labor Market Information Center, South Dakota Department of Labor and Regulation. Produced in cooperation with the U.S. Bureau of Labor Statistics.Access historical Sioux Falls MSA nonfarm wage and salaried worker data.See the definition of nonfarm wage and salaried workers.See the definition of the Sioux Falls MSA. See technical notes about nonfarm worker estimates.

Sioux Falls Metropolitan Statistical Area (MSA)Nonfarm Worker LevelsNot Seasonally Adjusted

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South Dakota Labor Supply

January 2017

Area Unemployed UnderemployedDiscouraged

Workers

TotalLaborSupply

South Dakota 15,065 28,920 3,400 47,380

Rapid City MSA 2,580 4,635 160 7,380

Sioux Falls MSA 4,125 10,245 155 14,525

Aurora County 30 50 30 110

Beadle County 280 520 40 840

Bennett County 40 65 50 155

Bon Homme County 90 80 40 215

Brookings County 515 1,400 35 1,950

Brown County 600 1,475 40 2,115

Brule County 55 140 30 220

Buffalo County 60 40 115 220

Butte County 200 230 55 480

Campbell County 25 25 40 90

Charles Mix County 125 170 45 340

Clark County 120 65 85 265

Clay County 185 630 35 845

Codington County 570 1,055 50 1,675

Corson County 40 100 40 175

Custer County 185 150 65 405

Davison County 330 820 40 1,190

Day County 140 100 70 310

Deuel County 150 55 95 300

Dewey County 150 225 95 470

Douglas County 60 55 50 160

Edmunds County 60 70 35 170

Fall River County 120 185 55 360

Faulk County 30 35 35 100

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South Dakota Labor Supply, continuedJanuary 2017

Area Unemployed UnderemployedDiscouraged

Workers

TotalLaborSupply

Grant County 195 190 60 445

Gregory County 80 75 50 205

Haakon County 30 35 35 100

Hamlin County 155 110 65 330

Hand County 40 80 25 145

Hanson County 80 25 60 170

Harding County 20 30 35 85

Hughes County 315 790 40 1,145

Hutchinson County 125 135 45 305

Hyde County 20 25 35 80

Jackson County 95 45 110 250

Jerauld County 30 50 35 115

Jones County 15 25 40 80

Kingsbury County 90 115 45 250

Lake County 245 305 50 605

Lawrence County 415 915 45 1,375

Lincoln County 720 1,525 30 2,275

Lyman County 70 105 55 230

Marshall County 120 95 65 280

McCook County 100 80 40 225

McPherson County 35 35 45 110

Meade County 475 475 50 1,000

Mellette County 30 25 50 105

Miner County 30 35 35 100

Minnehaha County 3,140 8,515 40 11,690

Moody County 140 115 50 305

Oglala Lakota County 360 435 140 935

Pennington County 1,920 4,005 45 5,975

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South Dakota Labor Supply, continuedJanuary 2017

Area Unemployed UnderemployedDiscouraged

Workers

TotalLaborSupply

Perkins County 50 60 40 150

Potter County 40 40 45 125

Roberts County 270 230 75 580

Sanborn County 50 30 55 135

Spink County 120 135 50 305

Stanley County 85 100 60 245

Sully County 25 35 40 95

Todd County 170 255 75 500

Tripp County 80 130 35 240

Turner County 160 125 45 335

Union County 275 665 45 980

Walworth County 115 150 70 335

Yankton County 350 800 40 1,190

Ziebach County 25 30 35 90

Source: Labor Market Information Center, South Dakota Department of Labor and Regulation.

See the definition of labor supply.

See technical notes about labor supply estimates.

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January 2017 January 2016

AreaLabor Force Employed Unemployed Rate

Labor Force Employed Unemployed Rate

United States 159,716,000 152,081,000 7,635,000 4.8% 158,362,000 150,533,000 7,829,000 4.9%

South Dakota 455,200 442,200 13,000 2.9% 451,300 439,000 12,400 2.7%

Note: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding.

Source: Labor Market Information Center, South Dakota Department of Labor and Regulation. Produced in cooperation with the U.S. Bureau of Labor Statistics. Access historical labor force data. See the definition of labor force.See technical notes about labor force data.

United States and South Dakota Labor ForceSeasonally Adjusted

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South Dakota and County Labor ForceNot Seasonally Adjusted

Area

January 2017 January 2016

Labor Force Employment Unemployment Rate

Labor Force Employment Unemployment Rate

South Dakota 449,888 434,827 15,061 3.3% 443,642 429,183 14,459 3.3%

Aurora County 1,457 1,425 32 2.2% 1,509 1,475 34 2.3%

Beadle County 9,423 9,142 281 3.0% 9,427 9,150 277 2.9%

Bennett County 1,129 1,088 41 3.6% 1,087 1,044 43 4.0%

Bon Homme County 2,857 2,765 92 3.2% 2,921 2,838 83 2.8%

Brookings County 19,011 18,496 515 2.7% 18,486 18,004 482 2.6%

Brown County 20,907 20,306 601 2.9% 20,893 20,311 582 2.8%

Brule County 2,373 2,319 54 2.3% 2,421 2,358 63 2.6%

Buffalo County 718 658 60 8.4% 691 644 47 6.8%

Butte County 5,025 4,825 200 4.0% 5,006 4,844 162 3.2%

Campbell County 829 804 25 3.0% 809 777 32 4.0%

Charles Mix County 3,743 3,620 123 3.3% 3,769 3,656 113 3.0%

Clark County 1,903 1,785 118 6.2% 1,890 1,794 96 5.1%

Clay County 7,212 7,028 184 2.6% 7,163 6,965 198 2.8%

Codington County 15,159 14,590 569 3.8% 15,385 14,840 545 3.5%

Corson County 1,426 1,385 41 2.9% 1,402 1,348 54 3.9%

Custer County 3,860 3,673 187 4.8% 3,735 3,549 186 5.0%

Davison County 11,232 10,903 329 2.9% 11,278 10,979 299 2.7%

Day County 2,776 2,636 140 5.0% 2,749 2,600 149 5.4%

Deuel County 2,190 2,041 149 6.8% 2,144 1,982 162 7.6%

Dewey County 2,170 2,019 151 7.0% 2,167 2,000 167 7.7%

Douglas County 1,641 1,581 60 3.7% 1,609 1,554 55 3.4%

Edmunds County 2,160 2,099 61 2.8% 2,135 2,073 62 2.9%

Fall River County 2,912 2,791 121 4.2% 2,909 2,744 165 5.7%

Faulk County 1,058 1,029 29 2.7% 1,052 1,022 30 2.9%

Grant County 4,328 4,132 196 4.5% 4,663 4,477 186 4.0%

Gregory County 2,038 1,960 78 3.8% 1,954 1,891 63 3.2%

Haakon County 1,082 1,053 29 2.7% 1,046 1,021 25 2.4%

Hamlin County 3,130 2,976 154 4.9% 3,050 2,911 139 4.6%

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South Dakota and County Labor Force, continuedNot Seasonally Adjusted

Area

January 2017 January 2016

Labor Force Employment Unemployment Rate

Labor Force Employment Unemployment Rate

Hand County 1,819 1,781 38 2.1% 1,742 1,706 36 2.1%

Hanson County 1,774 1,692 82 4.6% 1,765 1,698 67 3.8%

Harding County 719 700 19 2.6% 693 674 19 2.7%

Hughes County 10,203 9,889 314 3.1% 10,045 9,788 257 2.6%

Hutchinson County 3,637 3,511 126 3.5% 3,553 3,451 102 2.9%

Hyde County 697 678 19 2.7% 653 634 19 2.9%

Jackson County 1,197 1,103 94 7.9% 1,125 1,053 72 6.4%

Jerauld County 1,013 985 28 2.8% 1,042 1,017 25 2.4%

Jones County 519 503 16 3.1% 505 494 11 2.2%

Kingsbury County 2,654 2,563 91 3.4% 2,647 2,566 81 3.1%

Lake County 6,355 6,109 246 3.9% 6,589 6,333 256 3.9%

Lawrence County 12,853 12,436 417 3.2% 12,661 12,238 423 3.3%

Lincoln County 31,075 30,354 721 2.3% 30,826 30,157 669 2.2%

Lyman County 1,661 1,592 69 4.2% 1,654 1,581 73 4.4%

Marshall County 2,374 2,256 118 5.0% 2,338 2,213 125 5.3%

McCook County 3,147 3,046 101 3.2% 3,163 3,082 81 2.6%

McPherson County 1,044 1,010 34 3.3% 1,047 1,010 37 3.5%

Meade County 13,214 12,739 475 3.6% 12,883 12,422 461 3.6%

Mellette County 743 714 29 3.9% 750 716 34 4.5%

Miner County 1,176 1,144 32 2.7% 1,171 1,141 30 2.6%

Minnehaha County 108,781 105,641 3,140 2.9% 109,411 106,380 3,031 2.8%

Moody County 3,823 3,681 142 3.7% 3,727 3,589 138 3.7%

Oglala Lakota County 3,696 3,335 361 9.8% 3,520 3,205 315 8.9%

Pennington County 54,067 52,148 1,919 3.5% 52,574 50,833 1,741 3.3%

Perkins County 1,539 1,491 48 3.1% 1,454 1,415 39 2.7%

Potter County 1,110 1,071 39 3.5% 1,091 1,052 39 3.6%

Roberts County 4,805 4,533 272 5.7% 4,752 4,499 253 5.3%

Sanborn County 1,186 1,136 50 4.2% 1,137 1,108 29 2.6%

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South Dakota and County Labor Force, continuedNot Seasonally Adjusted

Area

January 2017 January 2016

Labor Force Employment Unemployment Rate

Labor Force Employment Unemployment Rate

Spink County 3,204 3,084 120 3.7% 3,164 3,053 111 3.5%

Stanley County 1,879 1,794 85 4.5% 1,818 1,768 50 2.8%

Sully County 845 820 25 3.0% 814 793 21 2.6%

Todd County 2,981 2,813 168 5.6% 2,933 2,762 171 5.8%

Tripp County 2,947 2,869 78 2.6% 2,892 2,823 69 2.4%

Turner County 4,647 4,485 162 3.5% 4,665 4,519 146 3.1%

Union County 7,990 7,717 273 3.4% 8,146 7,883 263 3.2%

Walworth County         2,160 2,044 116 5.4% 2,222 2,086 136 6.1%

Yankton County 11,652 11,304 348 3.0% 11,602 11,296 306 2.6%

Ziebach County 949 923 26 2.7% 953 923 30 3.1%

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Area

January 2017 January 2016

Labor Force Employment Unemployment Rate

Labor Force Employment Unemployment Rate

Rapid City MSA 71,141 68,560 2,581 3.6% 69,192 66,804 2,388 3.5%

Sioux Falls MSA 147,650 143,526 4,124 2.8% 148,065 144,138 3,927 2.7%

Aberdeen MiSA 23,067 22,405 662 2.9% 23,028 22,384 644 2.8%

Brookings MiSA 19,011 18,496 515 2.7% 18,486 18,004 482 2.6%

Huron MiSA 9,423 9,142 281 3.0% 9,427 9,150 277 2.9%

Mitchell MiSA 13,006 12,595 411 3.2% 13,043 12,677 366 2.8%

Pierre MiSA 12,927 12,503 424 3.3% 12,677 12,349 328 2.6%

Spearfish MiSA 12,853 12,436 417 3.2% 12,661 12,238 423 3.3%

Vermillion MiSA 7,212 7,028 184 2.6% 7,163 6,965 198 2.8%

Watertown MiSA 15,159 14,590 569 3.8% 15,385 14,840 545 3.5%

Yankton MiSA 11,652 11,304 348 3.0% 11,602 11,296 306 2.6%

Dewey-Ziebach LMA 3,119 2,942 177 5.7% 3,120 2,923 197 6.3%

Note: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding.

Source: Labor Market Information Center, South Dakota Department of Labor and Regulation. Produced in cooperation with the U.S. Bureau of Labor Statistics.Access historical labor force data. See the definition of labor force.See the definition of MSA.See the definition of MiSA.See the definition of LMA.See technical notes about labor force data.

South Dakota Area Labor ForceNot Seasonally Adjusted

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Areas

January 2017 January 2016

Labor Force Employment Unemployment Rate Labor

Force Employment Unemployment Rate

Aberdeen 15,093 14,643 450 3.0% 15,082 14,632 450 3.0%

Brookings 13,365 13,012 353 2.6% 12,997 12,652 345 2.7%

Huron 6,760 6,555 205 3.0% 6,777 6,560 217 3.2%

Mitchell 8,891 8,629 262 2.9% 8,944 8,692 252 2.8%

Pierre 8,301 8,048 253 3.0% 8,170 7,956 214 2.6%

Rapid City 35,505 34,219 1,286 3.6% 34,343 33,074 1,269 3.7%

Sioux Falls 100,544 97,650 2,894 2.9% 100,676 97,839 2,837 2.8%

Sioux Falls - Lincoln 15,254 14,923 331 2.2% 15,141 14,833 308 2.0%

Sioux Falls - Minnehaha 85,290 82,727 2,563 3.0% 85,535 83,006 2,529 3.0%

Spearfish 6,003 5,823 180 3.0% 5,899 5,671 228 3.9%

Vermillion 5,460 5,329 131 2.4% 5,425 5,275 150 2.8%

Watertown 11,785 11,346 439 3.7% 12,004 11,532 472 3.9%

Yankton 7,186 6,959 227 3.2% 7,185 6,957 228 3.2%

Note: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding.

Source: Labor Market Information Center, South Dakota Department of Labor and Regulation. Produced in cooperation with the U.S. Bureau of Labor Statistics. Access historical labor force data. See the definition of labor force. See technical notes about labor force data.

South Dakota City Labor ForceNot Seasonally Adjusted

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July 2015 to June 2016

Statewide $40,544 Douglas County $33,186 McPherson County $29,459

Rapid City MSA $39,102 Edmunds County $37,353 Marshall County $35,704

Sioux Falls MSA $45,364 Fall River County $34,234 Meade County $37,047

Aurora County $30,230 Faulk County $32,957 Mellette County $25,058

Beadle County $37,454 Grant County $37,561 Miner County $32,052

Bennett County $28,957 Gregory County $29,535 Minnehaha County $45,615

Bon Homme County $32,013 Haakon County $34,717 Moody County $36,296

Brookings County $40,709 Hamlin County $34,587 Oglala Lakota County $37,715

Brown County $39,502 Hand County $31,281 Pennington County $39,600

Brule County $30,611 Hanson County $36,064 Perkins County $30,577

Buffalo County $36,296 Harding County $40,974 Potter County $32,569

Butte County $32,573 Hughes County $41,465 Roberts County $32,590

Campbell County $33,659 Hutchinson County $33,448 Sanborn County $31,019

Charles Mix County $31,917 Hyde County $37,658 Spink County $35,283

Clark County $32,582 Jackson County $28,106 Stanley County $34,472

Clay County $35,391 Jerauld County $34,271 Sully County $34,153

Codington County $37,018 Jones County $28,214 Todd County $35,693

Corson County $34,222 Kingsbury County $34,088 Tripp County $33,061

Custer County $33,410 Lake County $37,164 Turner County $32,626

Davison County $37,327 Lawrence County $33,034 Union County $50,534

Day County $30,185 Lincoln County $45,966 Walworth County $32,765

Deuel County $38,514 Lyman County $27,688 Yankton County $39,295

Dewey County $37,054 McCook County $33,151 Ziebach County $33,379

Source: Labor Market Information Center, South Dakota Department of Labor and Regulation. Produced in cooperation with the U.S. Bureau of Labor Statistics. Access historical annual pay data. See the definition of covered workers. See the definition of Metropolitan Statistical Area (MSA). See technical notes about the Quarterly Census of Employment and Wages, the program that makes this data possible.

South Dakota and Area Annualized Payof Workers Covered by Unemployment Insurance

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ActivitiesJanuary

2017December

2016January

2016

Percent Change

LastMonth

LastYear

Initial Claims 1,684 2,222 1,669 -24.2% 0.9%

Weeks Claimed 18,235 11,992 16,425 52.1% 11.0%

Amount of Benefit Payments $5,040,572 $3,064,528 $3,616,806 64.5% 39.4%

Unemployment Trust Fund Balance $108,785,705 $112,396,238 $97,187,298 -3.2% 11.9%

Source: Unemployment Insurance Division, South Dakota Department of Labor and Regulation.

See the definitions of terms used above.

Activities of the Unemployment Insurance Division,South Dakota Department of Labor and Regulation

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Activities

Jan 2016 to

Dec 2016

Jan 2015 to

Dec 2015Percent Change

Job Seekers 55,331 58,476 -5.4%

Entered Employments 19,933 23,909 -16.6%

Job Openings Received 88,865 87,717 1.3%

Source: South Dakota Department of Labor and Regulation.

See the definition of the terms used above.

Find a job service office.

Activities of the Job Services Offices of theSouth Dakota Department of Labor and Regulation

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January 2017

Aurora 28 Fall River 132 McPherson 22

Beadle 335 Faulk 9 Meade 617

Bennett 40 Grant 157 Mellette 23

Bon Homme 91 Gregory 81 Miner 30

Brookings 516 Haakon 10 Minnehaha 4,169

Brown 755 Hamlin 217 Moody 153

Brule 21 Hand 18 Oglala Lakota 412

Buffalo 51 Hanson 98 Pennington 2,541

Butte 232 Harding 14 Perkins 31

Campbell 20 Hughes 479 Potter 33

Charles Mix 110 Hutchinson 124 Roberts 272

Clark 143 Hyde 10 Sanborn 77

Clay 124 Jackson 119 Spink 156

Codington 889 Jerauld 21 Stanley 128

Corson 17 Jones 8 Sully 39

Custer 199 Kingsbury 98 Todd 167

Davison 398 Lake 308 Tripp 65

Day 187 Lawrence 439 Turner 206

Deuel 117 Lincoln 716 Union 190

Dewey 155 Lyman 56 Walworth 138

Douglas 51 Marshall 164 Yankton 387

Edmunds 55 McCook 132 Ziebach 17

Source: Unemployment Insurance Division, South Dakota Department of Labor and Regulation.

See the definitions of terms used above.

Activities of the Unemployment Insurance Division of theSouth Dakota Department of Labor and Regulation Weeks Claimed

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IndicatorsJanuary

2017December

2016January

2016

Percent Change

LastMonth

LastYear

Consumer Price Index 242.8 241.4 236.9 0.6% 2.5%

Nonfarm Payroll Employment (not seasonally adjusted) 143.2 146.2 141.1 -2.1% 1.5%

Privately Owned Housing Starts 1,246 1,279 1,128 -2.6% 10.5%

Bank Prime Loan Rate 3.75 3.64 3.5 3.0% 7.1%

Sources:Consumer Price Index and Nonfarm Payroll Employment (in thousands), U.S. Bureau of Labor Statistics.Privately Owned Housing Starts, U.S. Census Bureau.Bank Prime Loan Rate, Federal Reserve Board.

See definitions of terms used above.

National Economic Indicator

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