Go to HHH home page.
Smart Politics
 


South Dakota Unemployment Rate Drops for First Time in 18 Months

Bookmark and Share

In what may be the Upper Midwest’s first sign of the beginning of the end of its economic recession, the South Dakota Department of Labor announced on Wednesday that the Mount Rushmore State’s seasonally adjusted unemployment rate had fallen to 4.8 percent for the month of April.

While that drop from March 2009 of 0.1 points is ever-so-modest, it marks the first time unemployment has fallen in South Dakota since November 2007 – a string of 18 consecutive months.

At that time, unemployment had dropped from 2.8 percent in October 2007 to 2.7 percent in November. The state’s unemployment rate then alternately leveled off and trickled upward over the course of the next year, landing at 3.2 percent in October 2008.

Then, during the next half-year leading up to March 2009, the jobless rate increased at historic levels in South Dakota – setting state records for:

· The largest month-to-month percentage point increase (0.7 points, December 2008 – January 2009)
· The largest 12-month percentage point increase (2.1 points, March 2008 – March 2009)
· The largest month-to-month rate of increase (18.9 percent, December 2008 to January 2009)
· The largest 12-month rate of increase (75.0 percent, March 2008 – March 2009)

South Dakota’s unemployment rate is now 4.1 percentage points lower than that of the nation (8.9 percent). This marks the 27th largest monthly differential between the country’s unemployment rate and that of South Dakota, dating back 400 months to January 1976. During this 33+ year stretch, South Dakota has never had a higher unemployment rate than the nation overall, with the smallest differential being 0.9 points (November 2000) and the largest differential being 5.0 points (November and December 1982).

While the jobless rate is still up 1.9 points and 65.5 percent from one year ago in South Dakota, the halting and reversing of jobless claims brings a glimmer of hope for all Upper Midwestern residents.

South Dakota Unemployment Rate, October 2007 – April 2009

Month
Rate
Net Month
% Month
Net 12 Month
% 12 Month
10-07
2.8
0.0
0.0
-0.3
-9.7
11-07
2.7
-0.1
-3.6
-0.4
-12.9
12-07
2.7
0.0
0.0
-0.3
-10.0
01-08
2.7
0.0
0.0
-0.3
-10.0
02-08
2.7
0.0
0.0
-0.3
-10.0
03-08
2.8
0.1
3.7
-0.1
-3.4
04-08
2.9
0.1
3.6
-0.1
-3.3
05-08
2.9
0.0
0.0
0.0
0.0
06-08
2.9
0.0
0.0
0.1
3.6
07-08
3.0
0.1
3.4
0.2
7.1
08-08
3.1
0.1
3.3
0.3
10.7
09-08
3.2
0.1
3.2
0.4
14.3
10-08
3.2
0.0
0.0
0.4
14.3
11-08
3.4
0.2
6.2
0.7
25.9
12-08
3.7
0.3
8.8
1.0
37.0
01-09
4.4
0.7
18.9
1.7
63.0
02-09
4.6
0.2
4.5
1.9
70.4
03-09
4.9
0.3
6.5
2.1
75.0
04-09
4.8
-0.1
-2.0
1.9
65.5
Note: Data from South Dakota Department of Labor compiled by Smart Politics.

Follow Smart Politics on Twitter.

Previous post: The 'W' Word: Seifert Says DFL Ran the Legislature Like Democrats in Washington
Next post: Minnesota Unemployment Rate Drops for First Time Since May '08

Leave a comment


Remains of the Data

Plurality-Winning Governors Elected At Century-Long High Water Mark

The rate of gubernatorial candidates elected without the support of a majority of voters is at its highest level since the 1910s.

Political Crumbs

Seeing Red

Congressman Nick Rahall's failed bid for a 20th term in West Virginia this cycle, combined with a narrow loss by Nick Casey to Alex Mooney in Shelley Moore Capito's open seat, means that West Virginia Democrats will be shut out of the state's U.S. House delegation for the first time in over 90 years. The Republican sweep by two-term incumbent David McKinley in the 1st CD, Mooney in the 2nd, and Evan Jenkins over Rahall in the 3rd marks the first time the GOP has held all seats in the chamber from West Virginia since the Election of 1920. During the 67th Congress (1921-1923) all six seats from the state were controlled by the GOP. Since the Election of 1922, Democrats have won 76 percent of all U.S. House elections in the Mountain State - capturing 172 seats compared to 54 for the GOP.


Home Field Advantage?

When the 114th Congress convenes in a few days, Maine will be represented by one home-grown U.S. Representative: Waterville-born Republican Bruce Poliquin. With the departure of Millinocket-born Mike Michaud, who launched a failed gubernatorial bid, the Pine Tree State was poised to send a House delegation to D.C. without any Maine-born members for the first time since 1821. Three-term U.S. Rep. Chellie Pingree (born in Minnesota) coasted to reelection as expected, however Poliquin edged Kentucky-born Emily Cain by 5.3 points to keep the streak alive. Since 1876, a total of 208 of the 222 candidates elected to the nation's lower legislative chamber from the state have been born in Maine, or 94 percent.


more POLITICAL CRUMBS

Humphrey School Sites
CSPG
Humphrey New Media Hub

Issues />

<div id=
Abortion
Afghanistan
Budget and taxes
Campaign finances
Crime and punishment
Economy and jobs
Education
Energy
Environment
Foreign affairs
Gender
Health
Housing
Ideology
Immigration
Iraq
Media
Military
Partisanship
Race and ethnicity
Reapportionment
Redistricting
Religion
Sexuality
Sports
Terrorism
Third parties
Transportation
Voting