While the national economy is currently 4.8 percent, Sioux Falls has the lowest unemployment rate of any city in the nation at 1.9 percent. As reported by CNN Money, part of the low unemployment rate is attributed to the location of Wall Street banks in the city, especially Wells Fargo and Citibank.
Healthcare is another contributor to the low unemployment rate in Sioux Falls. Employment in that sector has almost doubled since 2000. Mayor Mike Huether adds that there are currently 3,000 job vacancies in Sioux Falls. However, with so much of the city already employed, it is difficult to fill those jobs.
To learn more about jobs in South Dakota, please visit please visit the South Dakota Dashboard resource page.
If you’d like more information about Sioux Falls, including data on housing, health insurance coverage and more, visit the South Dakota Dashboard’s Sioux Falls city profile page.