Overview of the labor market in March - South Dakota · Overview of the labor market in March Labor Supply The number of South Dakotans who would be available to staff a new or expanding

Overview of the labor market in March

Labor Supply

The number of South Dakotans who would be available to staff a new or expanding business, or SouthDakota's labor supply, was estimated at 47,025 in March 2016. 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 SupplyMarch 2016

April 2016

Labor Market Information Center SD Department of Labor & Regulation

South Dakota e-Labor Bulletin April 2016

Page 1 of 20

Labor Force

This data is seasonally adjusted.

Preliminary estimates show the March 2016 South Dakota labor force unchanged over the month, with the level of employed increasing to 442,900. The level of unemployed decreased by 700 (5.7 percent).

South Dakota Unemployment Rates by CountyNot seasonally adjusted

March 2016

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.


Page 2 of 20

Although state specific data is used in the production of the labor force estimates for South Dakota, the statemonthly 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.

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 2,200 (or 0.5 percent) from February 2016 to March 2016. The largest gains were found in construction (1,100 workers or 5.7 percent).

There were numerous events going on in South Dakota during March, including the Sioux Empire Home Show, Holiday Arts Spring Craft Show, Big Boy Toy Shows, Wrestling National Championship, Dakota Territory Gun Collectors Association Show, Wingapalooza, Wacipi, Black Hills Motorcycle Show, Farm Toys and Collectibles Show, Little Britches Rodeo, Eggstravaganza and ABATE Motorcycle Expo.

The largest over-the-month losses were in the professional and business services sector (500 workers or 1.6 percent).

Over-the-year comparisons

Based on a monthly survey of South Dakota establishments, preliminary estimates show total nonfarm wage and salaried workers increased by 3,800 (or 0.9 percent) from March 2015 to March 2016.

Professional and business services had an over-the-year increase of 200 workers (0.7 percent). This industry as a whole has continued to trend upward since January 2004.

Wholesale trade worker level increased over the year to a level of 21,600 workers in March 2016. The wholesale trade industry has remained fairly stable since January 2004, slowly trending upward. Retail trade gained 2,100 workers (4.1 percent) to a level of 53,400 in March 2016.

Manufacturing lost 1,600 workers (3.8 percent) over the year from 42,600 in March 2015 to 41,000 in March 2016. In the last 10 years, manufacturing steadily trended upward until the recession. Manufacturing worker levels then hit a low in January 2010, but has been trending upward since.

Leisure and hospitality was unchanged over the year to a level of 42,800 in March 2016. Worker levels in this sector fluctuate due to seasonality and events during the year.

Education and health services increased over the year from 69,000 in March 2015 to 70,600 in March 2016. The sector gained 1,600 workers (2.3 percent).


Page 3 of 20

South DakotaNonfarm Worker Levels

Not Seasonally Adjusted

IndustriesMarch 2016

February 2016

March2015

PercentChange

Last Month

LastYear

TOTAL 423,300 421,100 419,500 0.5% 0.9%

Total Private 344,700 342,900 341,100 0.5% 1.1%

Goods Producing 62,200 61,000 63,100 2.0% -1.4%

Service Providing 361,100 360,100 356,400 0.3% 1.3%

Private Service Providing 282,500 281,900 278,000 0.2% 1.6%

Mining/Logging/Construction 21,200 20,100 20,500 5.5% 3.4%

Mining and Logging 800 800 800 0.0% 0.0%

Construction 20,400 19,300 19,700 5.7% 3.6%

Construction of Buildings 5,100 4,900 5,200 4.1% -1.9%

Heavy/Civil Engineering Construction 2,500 2,300 2,600 8.7% -3.9%

Speciality Trade Contractors 12,800 12,100 11,900 5.8% 7.6%

Manufacturing 41,000 40,900 42,600 0.2% -3.8%

Trade, Transportation & Utilities 88,200 88,200 85,400 0.0% 3.3%

Wholesale Trade 21,600 21,500 21,000 0.5% 2.9%

Retail Trade 53,400 53,500 51,300 -0.2% 4.1%

Transportation/Warehousing/Utilities 13,200 13,200 13,100 0.0% 0.8%

Information 5,900 5,900 5,800 0.0% 1.7%

Financial Activities 29,600 29,700 29,400 -0.3% 0.7%

Professional Business Services 30,200 30,700 30,000 -1.6% 0.7%

Education/Health Service 70,600 69,800 69,000 1.2% 2.3%

Educational Services 8,300 8,000 7,700 3.8% 7.8%

Health Care/Social Assistance 62,300 61,800 61,300 0.8% 1.6%

Hospitals 24,500 24,500 23,600 0.0% 3.8%

Leisure/Hospitality 42,800 42,400 42,800 0.9% 0.0%

Other Services (except Public

Administration)15,200 15,200 15,600 0.0% -2.6%

Government 78,600 78,200 78,400 0.5% 0.3%

Federal Government 11,000 10,800 11,000 1.9% 0.0%

State Goverment 18,900 19,000 19,000 -0.5% -0.5%

State Education 10,100 10,000 10,100 1.0% 0.0%

Local Government 48,700 48,400 48,400 0.6% 0.6%

Local Education 27,100 26,800 26,600 1.1% 1.9%

2016 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.


Page 4 of 20

Rapid City Metropolitan Statistical AreaNonfarm Worker Levels



February 2016

March 2015

Percent Change

LastMonth

LastYear

TOTAL 63,700 63,100 64,100 1.0% -0.6%

Total Private 53,000 52,300 52,800 1.3% 0.4%

Goods Producing 7,300 7,100 7,400 2.8% -1.4%

Service Providing 56,400 56,000 56,700 0.7% -0.5%

Private Service Providing 45,700 45,200 45,400 1.1% 0.7%


Manufacturing 2,800 2,700 2,900 3.7% -3.5%

Trade/Transportation/Utilities 13,300 13,200 13,300 0.8% 0.0%

Wholesale Trade 2,400 2,400 2,400 0.0% 0.0%

Retail Trade 9,100 9,100 9,200 0.0% -1.1%


Information 900 900 900 0.0% 0.0%

Financial Activities 3,900 3,900 4,000 0.0% -2.5%

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

Educational/Health Services 11,100 11,000 10,900 0.9% 1.8%


Other Services 3,000 3,000 3,000 0.0% 0.0%

Government 10,700 10,800 11,300 -0.9% -5.3%

2016 data is preliminary and subject to revision. Data may not sum to totals because of rounding. In the data

above, the Rapid City MSA includes Custer County as well as Pennington and Meade counties. This new

designation of the Rapid City MSA has been phased into other data sets published in the Labor Bulletin over the

past few months.




Page 5 of 20

Sioux Falls Metropolitan Statistical AreaNonfarm Worker Levels



February2016

March 2015

PercentChange

Last Month

LastYear

TOTAL 152,000 151,700 147,200 0.2% 3.3%

Total Private 138,200 138,000 133,800 0.1% 3.3%

Goods Producing 21,000 20,500 20,500 2.4% 2.4%

Service Providing 131,000 131,200 126,700 -0.2% 3.4%

Private Service Providing 117,200 117,500 113,300 -0.3% 3.4%


Manufacturing 13,400 13,400 13,600 0.0% -1.5%

Trade/Transportation/Utilities 32,600 33,000 31,400 -1.2% 3.8%

Wholesale Trade 8,200 8,200 8,000 0.0% 2.5%

Retail Trade 18,800 19,200 17,900 -2.1% 5.0%


Information 2,700 2,700 2,600 0.0% 3.9%

Financial Activities 16,300 16,300 16,000 0.0% 1.9%

Professional/Business Services 15,300 15,700 13,900 -2.6% 10.1%

Educational/Health Services 31,000 30,800 30,400 0.7% 2.0%


Other Services 4,900 4,900 4,800 0.0% 2.1%

Government 13,800 13,700 13,400 0.7% 3.0%





Page 6 of 20

South DakotaLabor Supply

March 2016

Area Unemployed UnderemployedDiscouraged

Workers

TotalLaborSupply

South Dakota 13,240 30,200 3,595 47,025

Rapid City MSA 2,195 4,740 175 7,110

Sioux Falls MSA 3,600 10,725 160 14,485

Aurora County 35 60 35 130

Beadle County 255 525 45 820

Bennett County 40 65 55 165

Bon Homme County 70 85 40 195

Brookings County 470 1,475 40 1,985

Brown County 550 1,495 40 2,085

Brule County 65 160 40 265

Buffalo County 45 50 100 195

Butte County 160 230 50 440

Campbell County 30 30 55 110

Charles Mix County 115 180 50 345

Clark County 95 80 80 255

Clay County 185 710 40 935

Codington County 515 1,105 55 1,675

Corson County 50 110 55 215

Custer County 180 155 75 410

Davison County 280 885 40 1,200

Day County 145 100 85 330

Deuel County 150 65 115 330

Dewey County 145 240 115 495

Douglas County 45 60 45 150

Edmunds County 45 85 35 160

Fall River County 155 200 85 440

Faulk County 25 45 40 110

Grant County 170 200 60 430

Gregory County 60 75 45 185


Page 7 of 20

March 2016, continued


Workers

TotalLaborSupply

Haakon County 25 35 35 95

Hamlin County 125 115 65 300

Hand County 35 80 30 145

Hanson County 55 25 50 135

Harding County 20 35 40 95

Hughes County 240 790 40 1,070

Hutchinson County 95 135 45 275

Hyde County 15 30 35 80

Jackson County 50 50 65 165

Jerauld County 25 65 35 125

Jones County 15 25 40 80

Kingsbury County 80 120 45 250

Lake County 225 330 55 610

Lawrence County 405 940 50 1,395

Lincoln County 645 1,620 35 2,300

Lyman County 70 115 65 245

Marshall County 115 110 75 305

McCook County 85 100 40 225

McPherson County 35 30 50 115

Meade County 415 470 50 935

Mellette County 25 25 50 100

Miner County 35 35 45 110

Minnehaha County 2,735 8,865 40 11,645

Moody County 130 115 55 300

Oglala Lakota County 290 465 140 895

Pennington County 1,600 4,115 50 5,765

Perkins County 40 60 40 145

Potter County 35 45 50 130

Roberts County 240 240 80 560

Sanborn County 30 40 35 105

Spink County 115 160 55 330


Page 8 of 20

Labor Supply by CountyMarch 2016

March 2016, continued


Workers

TotalLaborSupply

Stanley County 45 100 40 190

Sully County 20 35 35 90

Todd County 170 290 95 550

Tripp County 65 130 35 230

Turner County 135 135 45 315

Union County 245 650 50 940

Walworth County 130 160 100 390

Yankton County 265 815 35 1,115

Ziebach County 35 30 55 120

Notes: Components may not sum to total labor supply due to rounding. Data is preliminary and

subject to revision. In the data above, the Rapid City MSA includes Custer County as well as

Pennington and Meade counties. This new designation of the Rapid City MSA has been phased

into other data sets published in the Labor Bulletin over the past few months.

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


Page 9 of 20

United States and South DakotaLabor Force

Seasonally AdjustedMarch 2016 March 2015

Area Labor Force Employed Unemployed Rate Labor Force Employed Unemployed Rate

United States 159,286,000 151,320,000 7,966,000 5.0% 156,890,000 148,333,000 8,557,000 5.5%

South Dakota 454,500 442,900 11,600 2.5% 451,600 437,000 14,600 3.2%


Source: Labor Market Information Center, South Dakota Department of Labor and Regulation. Produced in cooperation with the U.S. Bureau

of Labor Statistics.


Page 10 of 20

South Dakota and CountiesLabor Force


Areas

March 2016 March 2015

Labor Force Employment Unemployment Rate

LaborForce Employment Unemployment Rate

South Dakota 452,363 439,139 13,224 2.9% 449,326 432,138 17,188 3.8%

Aurora County 1,551 1,517 34 2.2% 1,578 1,536 42 2.7%

Beadle County 9,438 9,183 255 2.7% 9,413 9,103 310 3.3%

Bennett County 1,111 1,072 39 3.5% 1,129 1,057 72 6.4%

Bon Homme County 2,954 2,882 72 2.4% 3,000 2,910 90 3.0%

Brookings County 19,125 18,655 470 2.5% 18,600 17,939 661 3.6%

Brown County 21,084 20,532 552 2.6% 21,191 20,483 708 3.3%

Brule County 2,466 2,403 63 2.6% 2,538 2,459 79 3.1%

Buffalo County 725 681 44 6.1% 718 662 56 7.8%

Butte County 5,082 4,922 160 3.1% 5,170 4,941 229 4.4%

Campbell County 849 821 28 3.3% 848 816 32 3.8%

Charles Mix County 3,907 3,791 116 3.0% 3,971 3,802 169 4.3%

Clark County 1,969 1,875 94 4.8% 1,958 1,856 102 5.2%

Clay County 7,397 7,212 185 2.5% 7,350 7,101 249 3.4%

Codington County 15,379 14,865 514 3.3% 15,377 14,744 633 4.1%

Corson County 1,444 1,394 50 3.5% 1,490 1,419 71 4.8%

Custer County 3,867 3,686 181 4.7% 3,942 3,725 217 5.5%

Davison County 11,335 11,056 279 2.5% 11,345 10,987 358 3.2%

Day County 2,806 2,663 143 5.1% 2,919 2,716 203 7.0%

Deuel County 2,202 2,052 150 6.8% 2,306 2,140 166 7.2%

Dewey County 2,135 1,990 145 6.8% 2,265 2,010 255 11.3%

Douglas County 1,675 1,628 47 2.8% 1,713 1,659 54 3.2%

Edmunds County 2,196 2,151 45 2.0% 2,247 2,180 67 3.0%

Fall River County 2,943 2,790 153 5.2% 2,943 2,790 153 5.2%

Faulk County 1,099 1,073 26 2.4% 1,126 1,088 38 3.4%

Grant County 4,501 4,330 171 3.8% 5,014 4,811 203 4.0%

Gregory County 2,023 1,964 59 2.9% 2,064 1,986 78 3.8%

Haakon County 1,064 1,040 24 2.3% 1,095 1,065 30 2.7%

Hamlin County 3,102 2,979 123 4.0% 3,094 2,949 145 4.7%

Hand County 1,845 1,809 36 2.0% 1,828 1,777 51 2.8%

Hanson County 1,799 1,742 57 3.2% 1,820 1,746 74 4.1%


Page 11 of 20

Areas




Harding County 755 735 20 2.6% 767 747 20 2.6%

Hughes County 10,056 9,816 240 2.4% 9,792 9,494 298 3.0%

Hutchinson County 3,624 3,527 97 2.7% 3,680 3,570 110 3.0%

Hyde County 688 672 16 2.3% 715 692 23 3.2%

Jackson County 1,193 1,144 49 4.1% 1,250 1,178 72 5.8%

Jerauld County 1,094 1,070 24 2.2% 1,152 1,121 31 2.7%

Jones County 548 535 13 2.4% 558 538 20 3.6%

Kingsbury County 2,728 2,648 80 2.9% 2,729 2,627 102 3.7%

Lake County 6,628 6,403 225 3.4% 6,611 6,332 279 4.2%

Lawrence County 12,778 12,374 404 3.2% 12,833 12,354 479 3.7%

Lincoln County 31,009 30,365 644 2.1% 29,917 29,087 830 2.8%

Lyman County 1,683 1,615 68 4.0% 1,746 1,653 93 5.3%

Marshall County 2,491 2,375 116 4.7% 2,539 2,397 142 5.6%

McCook County 3,250 3,167 83 2.6% 3,189 3,091 98 3.1%

McPherson County 1,082 1,048 34 3.1% 1,121 1,077 44 3.9%

Meade County 13,053 12,639 414 3.2% 13,119 12,596 523 4.0%

Mellette County 785 760 25 3.2% 823 775 48 5.8%

Miner County 1,218 1,185 33 2.7% 1,237 1,202 35 2.8%

Minnehaha County 109,695 106,959 2,736 2.5% 105,932 102,317 3,615 3.4%

Moody County 3,838 3,707 131 3.4% 3,947 3,789 158 4.0%

Oglala Lakota

County3,517 3,227 290 8.2% 3,582 3,192 390 10.9%

Pennington County 53,077 51,475 1,602 3.0% 53,221 51,121 2,100 3.9%

Perkins County 1,532 1,492 40 2.6% 1,577 1,513 64 4.1%

Potter County 1,137 1,102 35 3.1% 1,174 1,116 58 4.9%

Roberts County 4,909 4,669 240 4.9% 4,865 4,575 290 6.0%

Sanborn County 1,209 1,181 28 2.3% 1,243 1,205 38 3.1%

Spink County 3,308 3,195 113 3.4% 3,367 3,222 145 4.3%

Stanley County 1,855 1,808 47 2.5% 1,831 1,775 56 3.1%

Sully County 859 839 20 2.3% 873 846 27 3.1%

Todd County 2,983 2,813 170 5.7% 3,040 2,804 236 7.8%


Page 12 of 20

Unemployment Rates by CountyMarch 2016

Areas




Tripp County 3,012 2,947 65 2.2% 3,105 3,004 101 3.3%

Turner County 4,789 4,654 135 2.8% 4,719 4,558 161 3.4%

Union County 8,171 7,928 243 3.0% 8,084 7,749 335 4.1%

Walworth County 2,236 2,104 132 5.9% 2,330 2,161 169 7.3%

Yankton County 11,542 11,277 265 2.3% 11,620 11,263 357 3.1%

Ziebach County 958 925 33 3.4% 984 937 47 4.8%


Source: Labor Market Information Center, South Dakota Department of Labor and Regulation. Produced in cooperation with the U.S. Bureau of

Labor Statistics.


Page 13 of 20

South Dakota AreasLabor Force


Areas




Rapid City MSA 69,997 67,800 2,197 3.1% 70,282 67,442 2,840 4.0%

Sioux Falls MSA 148,743 145,145 3,598 2.4% 143,757 139,053 4,704 3.3%

Aberdeen MiSA 23,280 22,683 597 2.6% 23,438 22,663 775 3.3%

Brookings MiSA 19,125 18,655 470 2.5% 18,600 17,939 661 3.6%

Huron MiSA 9,438 9,183 255 2.7% 9,413 9,103 310 3.3%

Mitchell MiSA 13,134 12,798 336 2.6% 13,165 12,733 432 3.3%

Pierre MiSA 12,770 12,463 307 2.4% 12,496 12,115 381 3.0%

Spearfish MiSA 12,778 12,374 404 3.2% 12,833 12,354 479 3.7%

Vermillion MiSA 7,397 7,212 185 2.5% 7,350 7,101 249 3.4%

Watertown MiSA 15,379 14,865 514 3.3% 15,377 14,744 633 4.1%

Yankton MiSA 11,542 11,277 265 2.3% 11,620 11,263 357 3.1%

Dewey-Ziebach LMA 3,093 2,915 178 5.8% 3,249 2,947 302 9.3%

2016 data is preliminary and subject to revision. Data may not sum to totals because of rounding. In the data above, the Rapid City MSA

includes Custer County as well as Pennington and Meade counties. This new designation of the Rapid City MSA has been phased into

other data sets published in the Labor Bulletin over the past few months.

Source: Labor Market Information Center, South Dakota Department of Labor and Regulation. Produced in cooperation with the U.S.

Bureau of Labor Statistics.


Page 14 of 20

South Dakota CitiesLabor Force

Areas




Aberdeen 15,214 14,791 423 2.8% 15,304 14,756 548 3.6%

Brookings 13,439 13,109 330 2.5% 13,070 12,606 464 3.6%

Huron 6,783 6,584 199 2.9% 6,763 6,526 237 3.5%

Mitchell 8,986 8,752 234 2.6% 8,996 8,698 298 3.3%

Pierre 8,186 7,979 207 2.5% 7,969 7,717 252 3.2%

Rapid City 34,635 33,492 1,143 3.3% 34,781 33,262 1,519 4.4%

Sioux Falls 100,955 98,393 2,562 2.5% 97,514 94,143 3,371 3.5%

Sioux Falls -

Lincoln15,231 14,935 296 1.9% 14,689 14,307 382 2.6%

Sioux Falls -

Minnehaha85,724 83,458 2,266 2.6% 82,825 79,836 2,989 3.6%

Spearfish 5,944 5,734 210 3.5% 5,952 5,725 227 3.8%

Vermillion 5,598 5,462 136 2.4% 5,565 5,378 187 3.4%

Watertown 11,991 11,551 440 3.7% 11,989 11,457 532 4.4%

Yankton 7,137 6,945 192 2.7% 7,189 6,936 253 3.5%


Source: Labor Market Information Center, South Dakota Department of Labor and Regulation. Produced in cooperation with the U.S. Bureau of

Labor Statistics.


Page 15 of 20

South Dakota and AreasAnnualized Pay of Workers Covered by Unemployment Insurance

October 2014 to September 2015

Statewide $39,647 Douglas County $32,799 McPherson County $27,899

Rapid City MSA $38,221 Edmunds County $36,402 Marshall County $36,566

Sioux Falls MSA $44,215 Fall River County $33,323 Meade County $36,388

Aurora County $30,326 Faulk County $31,977 Mellette County $23,552

Beadle County $36,568 Grant County $39,646 Miner County $31,983

Bennett County $27,915 Gregory County $28,901 Minnehaha County $44,508

Bon Homme County $31,416 Haakon County $33,329 Moody County $35,759

Brookings County $40,054 Hamlin County $33,917 Oglala Lakota County $37,148

Brown County $38,754 Hand County $31,463 Pennington County $38,733

Brule County $29,437 Hanson County $35,073 Perkins County $28,912

Buffalo County $35,174 Harding County $43,706 Potter County $31,866

Butte County $31,938 Hughes County $40,879 Roberts County $31,493

Campbell County $32,385 Hutchinson County $32,682 Sanborn County $30,462

Charles Mix County $30,694 Hyde County $37,821 Spink County $34,050

Clark County $31,247 Jackson County $27,280 Stanley County $33,250

Clay County $34,729 Jerauld County $32,812 Sully County $34,770

Codington County $36,932 Jones County $27,506 Todd County $34,311

Corson County $34,047 Kingsbury County $32,949 Tripp County $31,904

Custer County $32,312 Lake County $36,933 Turner County $31,989

Davison County $36,400 Lawrence County $33,217 Union County $49,035

Day County $28,678 Lincoln County $44,548 Walworth County $30,814

Deuel County $37,818 Lyman County $27,952 Yankton County $38,362

Dewey County $35,383 McCook County $31,890 Ziebach County $32,651

*This data is updated quarterly.

In the data above, the Rapid City MSA includes Custer County as well as Pennington and Meade counties. This new designation of

the Rapid City MSA has been phased into other data sets published in the Labor Bulletin over the past few months.

Source: Labor Market Information Center, South Dakota Department of Labor and Regulation. Produced in cooperation with the U.S.

Bureau of Labor Statistics.


Page 16 of 20

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

ActivitiesMarch2016

February 2016

March 2015

Percent Change

LastMonth

LastYear

Initial Claims 836 922 994 -9.3% -15.9%

Weeks Claimed 12,419 15,041 15,377 -17.4% -19.2%

Amount of Benefit Payments $3,419,167 $4,594,048 $3,981,761 -25.6% -14.1%

Unemployment Trust Fund Balance $92,235,501 $96,457,792 $78,972,718 -4.4% 16.8%

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


Page 17 of 20

Activities of the Local Offices of theSouth Dakota Department of Labor and Regulation

Activities

April 2015 to

March 2016

April 2014to

March 2015Percent Change

Job Seekers 56,379 67,653 -16.7%

Entered Employments 22,956 26,003 -11.7%

Job Openings Received 97,088 89,845 8.1%

Source: Employment Services,South Dakota Department of Labor and Regulation.


Page 18 of 20

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

Weeks ClaimedMarch 2016

Aurora 32 Fall River 135 McPherson 26

Beadle 227 Faulk 19 Meade 404

Bennett 12 Grant 150 Mellette 9

Bon Homme 32 Gregory 45 Miner 28

Brookings 311 Haakon 10 Minnehaha 2,702

Brown 517 Hamlin 148 Moody 129

Brule 39 Hand 7 Oglala Lakota 199

Buffalo 49 Hanson 55 Pennington 1,451

Butte 112 Harding 12 Perkins 17

Campbell 28 Hughes 206 Potter 31

Charles Mix 105 Hutchinson 68 Roberts 241

Clark 107 Hyde 4 Sanborn 16

Clay 90 Jackson 31 Spink 112

Codington 652 Jerauld 15 Stanley 42

Corson 14 Jones 4 Sully 9

Custer 162 Kingsbury 96 Todd 158

Davison 230 Lake 217 Tripp 32

Day 192 Lawrence 346 Turner 164

Deuel 120 Lincoln 534 Union 125

Dewey 76 Lyman 45 Walworth 147

Douglas 42 Marshall 131 Yankton 179

Edmunds 16 McCook 74 Ziebach 22

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


Page 19 of 20

National Economic Indicators

IndicatorsMarch2016

February 2016

March2015

PercentChange

LastMonth

LastYear

Consumer Price Index 238.1 237.1 236.1 0.4% 0.9%

Nonfarm Payroll Employment 142.9 142.0 140.1 0.6% 2.0%

Privately Owned Housing Starts 1,089 1,194 954 -8.8% 14.2%

Bank Prime Loan Rate 3.5 3.5 3.25 0.0% 7.7%

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.


Page 20 of 20

Documents

Overview of the labor market in March - South Dakota · Overview of the labor market in March Labor Supply The number of South Dakotans who would be available to staff a new or expanding