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South Dakota has been gaining jobs faster than the nation.
South Dakota has been gaining jobs faster than the nation.
South Dakota Dashboard chart
September 29, 2015

SD Outpacing US for Job Growth

South Dakota has added jobs faster than the nation as a whole since 2000, with South Dakota's job growth at 12.9 percent over 14 years, according to recently updated federal data. 

Over the same time period, national job growth was 5.2 percent, an addition of 6.7 million jobs to a total of 136.6 million in 2014. During the Great Recession, the total number of jobs nationwide dipped below the 129.9 million that were present in 2000. In 2010, jobs dropped to a low of 127.8 million before growth resumed in 2011.

South Dakota lost jobs during the Great Recession years but did not come close to falling below the 364,119 jobs the state had in 2000. The recession took the state's total jobs number from 397,108 in 2008 to about 389,000 in 2009 and 2010 before job growth resumed. By 2012, the state's total jobs topped 400,000. In 2014, it hit 410,931. 

Between June 2014 and June 2015, South Dakota ranked 15th nationally with 2.3 percent job growth. That compares to No. 1 Utah, with 4.5 percent job growth, and No. 50 West Virginia, which experienced 0.6 percent job loss. During that year, South Dakota led all of its neighbors for job growth, with No. 29 Iowa the next highest, at 1.5 percent growth. At the same time, Wyoming ranking 49th with a loss of 0.1 percent. Low oil prices have slowed down North Dakota, which ranked 47th with job growth of 0.4 percent.

 

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