Black Hills Knowledge Netowork

South Dakota has reversed a trend of job losses in recent months.
South Dakota has reversed a trend of job losses in recent months.
Black Hills Knowledge Network chart
July 18, 2014

SD Outpaced US for Job Growth in April, May

The rate of month-over-month job growth in South Dakota jumped ahead of the rate of growth for the nation as a whole in April and May 2014, going up 1.6 percent from March to April and 1.7 percent from April to May. May 2014 is the most recent month for which data is available.

The newly updated data from the U.S. Bureau of Labor Statistics show the Rushmore State's growth spurt follows two months of sluggish job growth. That sluggish growth followed five straight months of job losses, including a dramatic drop of 2.1 percent (8,700 jobs) in January 2014, when the nation also lost the same percentage of jobs.

Of those five months of job losses in South Dakota, three took place when the nation as a whole was gaining jobs and two coincided with nationwide job losses.

With the apparent rebound that began in the spring, South Dakota's rate of job gain in April (1.6 percent) was twice the rate of national growth (0.8 percent). In May, the state's rate of growth (1.7 percent) was more than twice the national rate (0.7 percent).

For more details, including year-over-year job comparisons for a given month, find the "South Dakota & U.S. (monthly percent change) breakdown under the dropdown menu on the right on the chart below. Then find the Data & Notes breakdown under the dropdown menu in the upper-right.

Find more data and interactive charts about jobs, and other factors that affect the economy on the Black Hills Knowledge Network's Community Data page.

 

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