Covered Employment in South Dakota
SDCEMPLOY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
446,747.00
Year-over-Year Change
0.71%
Date Range
5/27/2006 - 7/19/2025
Summary
The Covered Employment in South Dakota metric tracks the number of jobs covered by unemployment insurance in the state. It is a key indicator of overall economic activity and labor market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Covered employment data provides a comprehensive view of the South Dakota job market, including both full-time and part-time positions. Economists and policymakers use this metric to assess the health of the state's economy and make informed decisions.
Methodology
The data is collected through mandatory employer reporting of covered employment and wages.
Historical Context
Covered employment is closely watched by the Federal Reserve and state governments to inform economic and workforce development policies.
Key Facts
- South Dakota's covered employment reached a record high in 2022.
- The state's covered employment has grown by over 10% since 2015.
- Manufacturing is a key driver of covered employment in South Dakota.
FAQs
Q: What does this economic trend measure?
A: The Covered Employment in South Dakota metric tracks the number of jobs in the state that are covered by unemployment insurance.
Q: Why is this trend relevant for users or analysts?
A: Covered employment data provides a comprehensive view of the South Dakota labor market and is a key indicator of overall economic activity in the state.
Q: How is this data collected or calculated?
A: The data is collected through mandatory employer reporting of covered employment and wages.
Q: How is this trend used in economic policy?
A: Covered employment is closely watched by the Federal Reserve and state governments to inform economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month lag, and may not capture all employment changes in real-time.
Related Trends
Personal Consumption Expenditures: Services: Transportation Services for South Dakota
SDPCETRANS
Coefficient for Electric Power Carbon Dioxide Emissions, Distillate Fuel for South Dakota
EMISSCO2CDKEIBSDA
Chain-Type Quantity Index for Real GDP: Funds, Trusts, and Other Financial Vehicles (525) in South Dakota
SDFNDTRSTQGSP
Coefficient for Industrial Carbon Dioxide Emissions, LPG (Fuel Use) for South Dakota
EMISSCO2CHLICBSDA
Business Applications from Corporations: Total for All NAICS in South Dakota
BACBATOTALSASD
Number of Identified Exporters to Ireland from South Dakota
SDIRLA475SCEN
Citation
U.S. Federal Reserve, Covered Employment in South Dakota (SDCEMPLOY), retrieved from FRED.