The mining, logging and construction sector grew 2.9 percent and accounted for 700 jobs in 2016.
The mining, logging and construction sector grew 2.9 percent and accounted for 700 jobs in 2016.
pexels.com photo
Apr 27, 2017

Construction Leads SD Job Growth in 2016

In 2016, South Dakota the total number of nonfarm jobs increased by 1.0 percent, according to a release from the South Dakota Department of Labor and Revenue. An additional 4,400 nonfarm jobs were added in 2016 for a total of 432,700 jobs.

The fastest growing sectors included mining, logging and construction; professional and business services; and educational and health services. Educational and health services added the greatest number of jobs in 2016 with 1,300 jobs, reflecting 1.8 percent increase. However, the largest percentage increase was in the mining, logging and construction sector, which grew 2.9 percent and accounted for 700 jobs. Sectors with increases in jobs can be viewed below: 

Industry 2015 Annual Average 2016 Annual Average Actual Change Percent Change
Mining, Logging and Construction 23,100 23,800 700 2.9%
Professional and Business Services 30,600 31,300 700 2.2%
Educational and Health Services 69,100 70,400 1,300 1.8%
Retail Trade 52,900 53,800 900 1.7%
Leisure and Hospitality 46,200 46,800 600 1.3%
Other Services (Excluding Public Administration) 15,900 16,100 200 1.2%
Government 77,800 78,700 900 1.1%

While substantial growth occurred in the construction industry, declines occurred in the manufacturing, information, and financial activities sectors. In 2016, the manufacturing sector lost 600 jobs, reflecting a 1.4 percent decline. Jobs in the information sector declined by 1.7 percent, with a loss 100 positions. Financial activities lost 400 jobs, a 1.4 percent decline in 2016.

There were many differences in jobs between the Rapid City and Sioux Falls metropolitan areas. While construction jobs increased by 3.7 percent in the Sioux Falls metro area, Rapid City only experienced a 2.0 percent growth in this sector. The Rapid City metro area saw a 3.6 percent decrease in manufacturing, while the Sioux Falls metro area’s manufacturing sector dropped by 0.7 percent. Although the decline in manufacturing in the Rapid City metro area was significant, it was the only sector to experience a decline in the metro area. Conversely, several sectors in Sioux Falls suffered job losses. The top and bottom three industries for both metro areas can be viewed in the charts below:

Sioux Falls Metro Area Nonfarm Jobs (Not Seasonally Adjusted)

Industry 2015 Annual Average 2016 Annual Average Actual Change Percent Change
Other Services (Excluding Public Administration) 4,900 5,100 200 3.9%
Mining, Logging and Construction 7,900 8,200 300 3.7%
Leisure and Hospitality 14,600 15,100 500 3.3%
Information 2,700 2,600 -100 -3.8%
Financial Activities 16,200 15,800 -400 -2.5%
Transportation, Warehousing and Utilities 5,600 5,500 -100 -1.8

Rapid City Metro Area Nonfarm Jobs (Not Seasonally Adjusted)

Industry 2015 Annual Average 2016 Annual Average Actual Change Percent Change
Other Services (Excluding Public Administration) 4,900 5,100 200 3.9%
Mining, Logging and Construction 7,900 8,200 300 3.7%
Leisure and Hospitality 14,600 15,100 500 3.3%
Information 2,700 2,600 -100 -3.8%
Financial Activities 16,200 15,800 -400 -2.5%
Transportation, Warehousing and Utilities 5,600 5,500 -100 -1.8%

 

 

 

 

Related items

  • Agriculture‚Äôs Economic Impact Discussed at Agricultural Summit in Aberdeen

    Agriculture is one of the largest and most important industries in South Dakota, contributing $25.6 billion toward the economy and employing 115,000 people, according to…
  • Slump in Agriculture Carries into First Quarter GDP Growth

    Real gross domestic product (GDP) in South Dakota declined by 3.8 percent in the first quarter of 2017, according to recently released data by the…
  • SD Housing Most Affordable Regionally, but Housing Cost Burdens Still Abound

    Individuals earning a minimum wage in South Dakota must work 51 hours per week in order to afford a one-bedroom apartment in South Dakota, according…
  • Real Personal Income Growth in Sioux Falls in 2015 Near Top in Nation

    Real personal income in Sioux Falls grew faster than in all but three other metropolitan areas in the country in 2015, according to data released…
  • Agriculture Continues to Lag in Fourth Quarter GDP Growth

    The South Dakota economy grew by 1.1 percent ranking the state 38th in the nation for real gross domestic product (GDP) growth, according to a…