By Barbara Soderlin
The Department of Labor sends out new unemployment statistics each month, and the ones sent out today for October showed state unemployment hasn’t been this high in 24 years.
Local statistics usually come out a few days after statewide ones, so we’ll see how Rapid City is holding up. Fortunately we’ve had some good news about new jobs lately, including Jomay Steen’s story this morning about hiring at ASI. (Mistakes in stories aren’t funny, I know, but we had a laugh this morning because the story originally reported that people could make $45 an hour — when she meant to say $45,000 a year. The people at ASI said their website was overwhelmed this morning with people applying. $45 an hour is $93,600 a year. I was ready to apply. Oh well.)
Here’s the story:
Unemployment in South Dakota rose from 4.8 percent in September to 5 percent in October, according to the state Bureau of Labor Statistics. The national rate is 10.2 percent.
The last time the unemployment rate was at 5 percent was in December 1985, according to the state Department of Labor. The state’s highest unemployment rate since the bureau started keeping records in 1976 was 5.9 percent in October 1982.
Meanwhile, the level of unemployed was up by about 7,700 people in South Dakota according to the October 2009 data compared to one year ago. The unemployment rate for October 2008 was 3.2 percent.
This October there were 22,200 unemployed out of the state’s total work force of 446,700.
“The unemployment rate has remained relatively stable in South Dakota for the past several months, fluctuating between 4.8 to 5.0 percent,” State Labor Secretary Pam Roberts said in a news release. “We continue to see small layoffs, but there are some employers cautiously hiring again.”
Roberts said that the statistics show that the recession continues to affect South Dakota’s work force, with the number of people claiming unemployment benefits about triple that of the same time last year.
On the Web: www.sdjobs.org.