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Local unemployment is increased to 1.9 percent – siouxfalls.business

Local unemployment is increased to 1.9 percent – siouxfalls.business

February 3, 2025

The unemployment rate in the Sioux Falls subway increased to 1.9 percent in December from 1.5 percent in November.

For the SIU Fol subway, which included the cities of the cities, Lincoln, McKuk and Turner, 1.9 percent represents 3.103 unemployed people, according to the Ministry of Labor and Regulation of South Dakota. In November, the number of unemployed is 2.561.

The degree of unemployment, which is not seasonally corrected and preliminary, represents residents who have no job, have been actively looking for one in the last four weeks and are available for work. It also includes those who were dismissed temporarily.

The total workforce for the Sioux Falls MSA, those hired and unemployed, was 166 544 in December, a slight immersion of 166 590 in the previous month.

A year ago, the metro unemployment rate was 1.8 percent, with 2931 people unemployed from 164 490.

The offering of labor, those who will be available to the staff of a new or expanding business, were estimated at 17,750 people in the metro area, compared to 17,160 in November. This includes people who do not work and those who would like to change their work.

The number of work openings at the Sioux Falls MSA dropped to 11,679 in December, according to the state virtual labor data system. The previous month had 13 477 open positions. A year ago there were 12 665 openings.

Wage levels and salaries at Sioux Falls MSA increased by 200 people to 172,000 from November to December. The largest increase in the percentage was in the category of information, which increased by 4 percent or 100 jobs. Financial activities have increased an increase of 3 percent or 400 jobs.

The category of mining and construction monitors the largest decrease in the percentage of 2.3 percent, a loss of 300 jobs.

Compared to a year ago, the total wage levels without farms and payroll workers have decreased by 1,400 MSA workers.

The degree of unemployment in South Dakota is unchanged at 1.9 percent in December and is once again the largest percentage in the country, according to the US Bureau of Labor Statistics.

The next lowest percentage were 2.4 percent, and North Dakota, which increased to 2.5 percent of 2.4 percent in the previous month. Nevada had the highest unemployment rate of 5.7 percent.

The unemployment rate of South Dakota, which is adjusted seasonally, represents 9,200 people who have no jobs, have been actively looking for one in the last four weeks and are available to work, along with those who have been dismissed temporarily, according to the State Labor Department S A year ago, the percentage was 2.1 percent and had 9,900 unemployed southern Dakotani.

In December, South Dakota’s workforce increased by 1000 people to 487,200 compared to the previous month. It was 481 700 a year ago.

Delivery of the workforce, those who will be available to the staff new or expanding business have been estimated at 51 380 people. This is from 50 330 in November and includes people who do not work and those who would like to change their work.

The national unemployment rate dropped to 4.1 percent in December from 4.2 percent in November. A year ago, the percentage was 3.8 percent.

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