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South Dakota


						
						

Sioux Falls, SD Metropolitan Statistical Area Employment Analysis

( Data Date : December 2019 )

South Dakota Employment Data

Located in the upper Midwest region of the U.S., the Coyote State’s economy is known for cattle and sheep ranches, corn and wheat, mining, food processing, and computer manufacturing. South Dakota’s job market is accelerating, although slowed by the reversal of oil fortunes to the north. Some of the lowest costs of doing business in the nation continues to drive the economy. A strong agriculture industry is an asset, but the high dependence risks exposure to fluctuating commodity prices.




State/Metropolitan Employment Data:

Sioux Falls, SD Metropolitan Statistical Area Unemployment Rate Trends (% change)


  • The unemployment rate in the Sioux Falls, SD Metropolitan Statistical Area, metro area was 2.6% in November 2019, 0.2% higher than last month, and higher by 0.1% from a year ago.

  • Compared to national and state unemployment rates, the Sioux Falls, SD Metropolitan Statistical Area, metro area unemployment rate in November 2019 was lower by 0.9% than the U.S. rate of 3.5%, and lower by 0.9% than the South Dakota state unemployment rate of 3.5%.

  • Total employment in the Sioux Falls, SD Metropolitan Statistical Area, metro area declined by 2.4% (642 more persons employed) over the past quarter, and declined by 2.5% ( 289985 less ) over the past year.

  • The Sioux Falls, SD Metropolitan Statistical Area, metro area has an employable civilian labor force (employed + unemployed persons age 16 and older) of 159,825 persons.

  • The Sioux Falls, SD Metropolitan Statistical Area, metro area labor force shrunk by 1.3% (32533 persons) over the past quarter, and shrunk by 2.7% (35477 persons) over the past year.

  • Current Rate
    Last Year
    Last QTR
    Last Month
    Difference Since Last Quarter
    2.6%
    - 2.5%
    - 2.4%
    - 2.4%
    + 642


    %97.37 of the Total Labor Force is Employed.


    Employment information is based on data provided by the U.S. Bureau of Labor Statistics (BLS).

    Graphs and charts are based on monthly data from 2000 to present (BLS reports monthly data a month to six weeks after the close of each month).

    The data MuniNet Guide uses and presents is seasonally adjusted.