Labor force grows while unemployment remains steady in Sioux Falls area
This might be good news for employers: The size of the labor force in Sioux Falls grew in May while the unemployment rate was unchanged.
This might be good news for employers: The size of the labor force in Sioux Falls grew in May while the unemployment rate was unchanged.
The unemployment rate in the Sioux Falls metro area dipped to 1.9 percent in April, the lowest it has been since September 2018.
The unemployment rate in South Dakota is back to pre-pandemic levels with the March estimate of 2.5 percent.
Across South Dakota, the unemployment rate is dipping, the number of employers is growing, and wages are climbing.
The unemployment rate for the Sioux Falls metro area rose to 2.5 percent in January, compared with 2 percent in December.
The unemployment rate for the Sioux Falls metro area rose to 2 percent in December, compared with 1.8 percent in November.
The unemployment rate for the Sioux Falls metro area dropped to 1.8 percent in November, compared with 2 percent in October.
The unemployment rate for the Sioux Falls metro area nudged higher in October to 2 percent, compared with 1.9 percent in September, which was a 21-year low.
The unemployment rate for the Sioux Falls metro area dropped to 1.9 percent in September – the lowest it has been since October 2000, when the rate was 1.8 percent.
The unemployment rate for the Sioux Falls area rose slightly in August.