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News Release Information

22-1636-CHI
Wednesday, August 31, 2022

Contacts Technical information: Media contact:
  • (312) 353-1138

Business Employment Dynamics in South Dakota — Fourth Quarter 2021

From September 2021 to December 2021, gross job gains from opening and expanding private-sector establishments in South Dakota were 25,968, while gross job losses from closing and contracting private-sector establishments were 21,513, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Jason Palmer noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 4,455 jobs in the private sector during the fourth quarter of 2021. During the previous quarter, gross job gains exceeded gross job losses by 453. (See chart 1.)


The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all private businesses in the economy. Business Employment Dynamics (BED) statistics track these changes in employment at private-sector establishments from the third month of one quarter to the third month of the next. The difference between the number of gross job gains and the number of gross job losses is the net change in employment. (See Technical Note.)

Gross job gains

In the fourth quarter of 2021, gross job gains represented 7.2 percent of private-sector employment in South Dakota; nationally, gross job gains accounted for 7.7 percent of private-sector employment. (See chart 2.) Gross job gains are the sum of increases in employment due to expansions at existing establishments and the addition of new jobs at opening establishments. In South Dakota, gross job gains at expanding establishments totaled 21,199 in the fourth quarter of 2021, an increase of 2,610 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 4,769 jobs gained in the fourth quarter of 2021, a decrease of 152 jobs from the previous quarter.


Gross job losses

In the fourth quarter of 2021, gross job losses represented 5.9 percent of private-sector employment in South Dakota; nationally, gross job losses accounted for 5.4 percent of private-sector employment. (See chart 3.) Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. In South Dakota, contracting establishments lost 17,816 jobs in the fourth quarter of 2021, a decrease of 1,298 jobs from the prior quarter. Closing establishments lost 3,697 jobs, a decrease of 246 jobs from the previous quarter.


Industries

Gross job gains exceeded gross job losses in 6 of the 7 industry sectors in South Dakota in the fourth quarter of 2021. Leisure and hospitality had the largest over-the-quarter net job increase, with a gain of 971 jobs. This was the result of 5,755 gross job gains and 4,784 gross job losses. The construction industry had a net gain of 873 jobs followed by professional and business services with a net gain of 754. Financial activities recorded a net loss of 143 jobs.

For more information

The BED data series include gross job gains and gross job losses by industry subsector, for the 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands, as well as gross job gains and gross job losses at the firm level by employer size class. BED data for the states have been included in table 2 of this release. Additional information is available online at www.bls.gov/bdm/.

The Business Employment Dynamics for First Quarter 2022 are scheduled to be released on Wednesday, October 26, 2022.

Upcoming Revisions and Coronavirus (COVID-19) Effect on Business Employment Dynamics

The release of First Quarter 2022 Business Employment Dynamics data will incorporate annual revisions in accordance with standard procedures.

Data collection and processing methods have been impacted because of the COVID-19 pandemic. More detail can be found at www.bls.gov/covid19/effects-of-covid-19-pandemic-on-business-employment-dynamics.htm.


Technical Note

The Business Employment Dynamics (BED) data are a product of a federal-state cooperative program known as Quarterly Census of Employment and Wages (QCEW). The BED data are compiled by the U.S. Bureau of Labor Statistics (BLS) from existing QCEW records. Most employers in the U.S. are required to file quarterly reports on the employment and wages of workers covered by unemployment insurance (UI) laws, and to pay quarterly UI taxes. The QCEW is based largely on quarterly UI reports which are sent by businesses to the State Workforce Agencies (SWAs). These UI reports are supplemented by two additional BLS data collections to render administrative data into economic statistics. Together these data comprise the QCEW and form the basis of the Bureau’s establishment universe sampling frame.

In the BED program, the QCEW records are linked across quarters to provide a longitudinal history for each establishment. The linkage process allows the tracking of net employment changes at the establishment level, which in turn allows the estimation of jobs gained at opening and expanding units and jobs lost at closing and contracting units.

The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all businesses in the economy. BED statistics track these changes in employment at private business establishments from the third month of one quarter to the third month of the next. Gross job gains are the sum of increases in employment from expansions at existing establishments and the addition of new jobs at opening establishments. Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. The difference between the number of gross jobs gained and the number of gross jobs lost is the net change in employment.

Gross job gains and gross job losses are expressed as rates by dividing their levels by the average of employment in the current and previous quarters. The rates are calculated for the components of gross job gains and gross job losses and then summed to form their respective totals. These rates can be added and subtracted just as their levels can. For instance, the difference between the gross job gains rate and the gross job losses rate is the net growth rate.

The formal definitions of employment changes are as follows:

Openings. These are either units with positive third month employment for the first time in the current quarter, with no links to the prior quarter, or with positive third month employment in the current quarter following zero employment in the previous quarter.

Expansions. These are units with positive employment in the third month in both the previous and current quarters, with a net increase in employment over this period.

Closings. These are either units with positive third month employment in the previous quarter, with no employment or zero employment reported in the current quarter.

Contractions. These are units with positive employment in the third month in both the previous and current quarters, with a net decrease in employment over this period.

The full Technical Note for the Business Employment Dynamics program, which includes information on coverage, concepts, and methodology, can be found in the current quarterly news release online at www.bls.gov/news.release/cewbd.htm.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Private sector gross job gains and losses by industry, South Dakota, seasonally adjusted
Category Gross job gains and losses
(3 months ended)
Gross job gains and losses
as a percent of employment
(3 months ended)
Dec.
2020
Mar.
2021
June
2021
Sept.
2021
Dec.
2021
Dec.
2020
Mar.
2021
June
2021
Sept.
2021
Dec.
2021

Total private (1)

Gross job gains

25,154 25,621 24,015 23,510 25,968 7.2 7.3 6.8 6.6 7.2

At expanding establishments

20,563 20,797 19,914 18,589 21,199 5.9 5.9 5.6 5.2 5.9

At opening establishments

4,591 4,824 4,101 4,921 4,769 1.3 1.4 1.2 1.4 1.3

Gross job losses

21,283 21,112 20,932 23,057 21,513 6.2 6.0 5.8 6.5 5.9

At contracting establishments

17,583 17,727 17,581 19,114 17,816 5.1 5.0 4.9 5.4 4.9

At closing establishments

3,700 3,385 3,351 3,943 3,697 1.1 1.0 0.9 1.1 1.0

Net employment change (2)

3,871 4,509 3,083 453 4,455 1.0 1.3 1.0 0.1 1.3

Construction

Gross job gains

3,399 3,743 2,883 2,432 3,249 13.6 14.4 11.3 9.9 12.8

At expanding establishments

2,745 2,851 2,354 1,793 2,481 11.0 11.0 9.2 7.3 9.8

At opening establishments

654 892 529 639 768 2.6 3.4 2.1 2.6 3.0

Gross job losses

2,586 3,317 3,231 3,073 2,376 10.3 12.7 12.6 12.5 9.5

At contracting establishments

1,999 2,715 2,561 2,491 1,882 8.0 10.4 10.0 10.1 7.5

At closing establishments

587 602 670 582 494 2.3 2.3 2.6 2.4 2.0

Net employment change (2)

813 426 -348 -641 873 3.3 1.7 -1.3 -2.6 3.3

Wholesale trade

Gross job gains

1,158 1,049 1,047 947 1,094 5.5 5.0 4.9 4.4 5.1

At expanding establishments

969 803 876 799 918 4.6 3.8 4.1 3.7 4.3

At opening establishments

189 246 171 148 176 0.9 1.2 0.8 0.7 0.8

Gross job losses

828 1,034 776 942 841 3.9 4.9 3.6 4.4 3.9

At contracting establishments

652 839 666 783 721 3.1 4.0 3.1 3.7 3.3

At closing establishments

176 195 110 159 120 0.8 0.9 0.5 0.7 0.6

Net employment change (2)

330 15 271 5 253 1.6 0.1 1.3 0.0 1.2

Retail trade

Gross job gains

3,304 3,310 3,054 2,948 3,477 6.5 6.5 5.8 5.7 6.7

At expanding establishments

2,901 2,916 2,771 2,536 3,147 5.7 5.7 5.3 4.9 6.1

At opening establishments

403 394 283 412 330 0.8 0.8 0.5 0.8 0.6

Gross job losses

2,847 2,671 3,327 3,256 2,906 5.6 5.2 6.4 6.3 5.6

At contracting establishments

2,539 2,445 3,015 2,997 2,687 5.0 4.8 5.8 5.8 5.2

At closing establishments

308 226 312 259 219 0.6 0.4 0.6 0.5 0.4

Net employment change (2)

457 639 -273 -308 571 0.9 1.3 -0.6 -0.6 1.1

Financial activities

Gross job gains

1,145 1,368 1,238 1,411 1,238 4.2 4.9 4.5 5.1 4.5

At expanding establishments

874 953 969 1,118 955 3.2 3.4 3.5 4.0 3.5

At opening establishments

271 415 269 293 283 1.0 1.5 1.0 1.1 1.0

Gross job losses

1,460 1,146 1,195 1,425 1,381 5.3 4.1 4.3 5.1 5.0

At contracting establishments

933 895 1,047 1,147 1,128 3.4 3.2 3.8 4.1 4.1

At closing establishments

527 251 148 278 253 1.9 0.9 0.5 1.0 0.9

Net employment change (2)

-315 222 43 -14 -143 -1.1 0.8 0.2 0.0 -0.5

Professional and business services

Gross job gains

3,338 2,749 2,905 3,081 3,583 10.1 8.2 8.5 8.8 10.2

At expanding establishments

2,372 2,038 2,213 2,163 2,521 7.2 6.1 6.5 6.2 7.2

At opening establishments

966 711 692 918 1,062 2.9 2.1 2.0 2.6 3.0

Gross job losses

2,313 2,320 2,469 2,987 2,829 7.0 6.8 7.2 8.7 8.0

At contracting establishments

1,690 1,800 1,822 2,310 1,905 5.1 5.3 5.3 6.7 5.4

At closing establishments

623 520 647 677 924 1.9 1.5 1.9 2.0 2.6

Net employment change (2)

1,025 429 436 94 754 3.1 1.4 1.3 0.1 2.2

Leisure and hospitality

Gross job gains

5,180 6,513 5,715 6,007 5,755 12.3 15.2 12.9 13.1 12.3

At expanding establishments

3,880 5,353 4,615 4,404 4,597 9.2 12.5 10.4 9.6 9.8

At opening establishments

1,300 1,160 1,100 1,603 1,158 3.1 2.7 2.5 3.5 2.5

Gross job losses

4,835 4,085 3,925 5,119 4,784 11.5 9.5 8.8 11.2 10.2

At contracting establishments

4,042 3,130 3,284 4,035 4,001 9.6 7.3 7.4 8.8 8.5

At closing establishments

793 955 641 1,084 783 1.9 2.2 1.4 2.4 1.7

Net employment change (2)

345 2,428 1,790 888 971 0.8 5.7 4.1 1.9 2.1

Other services (3)

Gross job gains

805 956 938 976 921 7.2 8.5 8.3 8.6 8.0

At expanding establishments

672 777 768 763 711 6.0 6.9 6.8 6.7 6.2

At opening establishments

133 179 170 213 210 1.2 1.6 1.5 1.9 1.8

Gross job losses

782 854 764 944 732 7.0 7.7 6.7 8.3 6.4

At contracting establishments

696 733 581 759 527 6.2 6.6 5.1 6.7 4.6

At closing establishments

86 121 183 185 205 0.8 1.1 1.6 1.6 1.8

Net employment change (2)

23 102 174 32 189 0.2 0.8 1.6 0.3 1.6

Footnotes:
(1) Includes unclassified sector not shown separately.
(2) The net employment change is the difference between total gross job gains and total gross job losses. See the Technical Note for further information.
(3) Except public administration.

Table 2. Private-sector gross job gains and losses as a percent of total employment by state, seasonally adjusted
Category Gross job gains as a percent of employment
(3 months ended)
Gross job losses as a percent of employment
(3 months ended)
Dec.
2020
Mar.
2021
June
2021
Sept.
2021
Dec.
2021
Dec.
2020
Mar.
2021
June
2021
Sept.
2021
Dec.
2021

United States(1)

7.4 6.8 6.7 7.2 7.7 5.7 5.4 5.9 6.2 5.4

Alabama

7.6 5.9 6.2 6.6 7.6 5.5 5.9 6.0 6.7 5.3

Alaska

13.4 11.0 9.5 10.4 11.9 7.7 9.4 9.2 9.5 8.7

Arizona

7.3 6.3 6.8 6.9 6.8 5.0 5.5 6.0 6.0 4.9

Arkansas

7.2 5.9 5.5 6.6 7.6 5.2 5.1 5.6 5.9 4.5

California

8.5 7.7 7.8 7.8 8.5 6.1 5.9 6.4 6.3 5.5

Colorado

7.5 8.6 7.8 8.1 7.6 7.2 5.6 6.4 7.0 6.1

Connecticut

6.6 6.3 6.6 6.8 6.9 5.9 5.3 5.9 6.0 5.4

Delaware

6.8 6.8 6.4 7.2 8.3 6.0 6.0 6.4 7.0 6.1

District of Columbia

5.3 5.5 7.0 7.9 7.3 5.5 5.3 5.4 4.8 5.0

Florida

8.0 6.9 7.8 9.2 7.7 6.0 5.8 6.2 6.0 6.1

Georgia

7.9 6.7 6.9 7.4 8.1 5.2 5.7 6.2 6.2 5.7

Hawaii

14.7 8.5 10.7 7.2 6.8 4.6 5.9 5.6 6.6 4.8

Idaho

8.7 8.1 7.2 7.7 8.6 6.1 5.7 7.2 7.3 6.3

Illinois

6.5 7.2 6.0 6.3 7.5 6.1 4.9 5.6 6.0 4.9

Indiana

6.8 6.0 5.7 6.3 7.3 5.0 5.1 6.0 5.8 4.7

Iowa

6.8 6.1 6.0 6.2 6.6 5.1 5.4 6.0 6.0 5.2

Kansas

7.0 6.2 6.2 6.6 7.6 5.9 5.5 6.1 6.6 5.3

Kentucky

7.3 7.3 6.4 6.6 7.4 6.1 5.1 6.5 6.5 5.0

Louisiana

8.7 6.4 6.8 6.9 9.7 5.6 5.9 6.2 8.6 5.6

Maine

8.5 9.0 7.7 7.8 8.2 6.3 6.3 7.8 8.0 7.0

Maryland

7.3 6.3 6.6 7.5 7.2 5.8 5.5 6.6 6.7 5.7

Massachusetts

7.0 6.6 6.9 7.2 7.0 5.5 5.0 5.7 5.9 5.7

Michigan

6.7 8.5 6.2 6.6 7.5 6.9 4.9 5.6 6.1 5.3

Minnesota

6.9 9.2 6.1 6.4 7.3 6.8 4.9 5.5 6.8 5.2

Mississippi

8.0 5.6 6.4 7.5 8.0 4.9 6.6 6.5 6.2 5.7

Missouri

7.1 6.3 6.0 6.7 7.4 5.2 5.3 6.3 6.1 5.5

Montana

9.4 8.8 8.3 8.4 10.0 6.8 6.9 8.1 8.3 7.2

Nebraska

6.8 6.5 6.2 6.2 6.7 5.5 6.2 6.0 6.6 5.5

Nevada

8.8 7.3 9.5 8.9 8.2 5.7 5.5 5.7 5.8 4.9

New Hampshire

7.4 7.4 7.0 7.0 7.8 6.4 5.4 6.4 6.8 6.7

New Jersey

8.1 7.0 7.2 7.4 8.8 5.9 5.6 5.7 6.1 5.3

New Mexico

7.3 8.5 7.1 7.9 8.0 7.5 5.7 6.6 6.3 6.3

New York

7.4 6.9 7.1 7.5 7.7 6.3 5.4 5.7 6.0 5.5

North Carolina

7.9 6.6 6.4 6.8 8.1 5.0 5.4 5.8 6.4 5.2

North Dakota

7.2 7.8 6.9 7.5 7.7 7.1 6.5 6.5 6.7 6.5

Ohio

6.6 6.1 5.9 6.1 7.0 5.2 5.0 5.8 6.0 5.2

Oklahoma

7.9 6.1 6.5 7.1 7.4 5.8 6.1 6.0 7.0 6.4

Oregon

7.4 8.5 6.6 7.0 7.7 6.5 5.6 6.6 6.5 6.2

Pennsylvania

6.2 6.4 5.6 6.2 6.8 5.3 4.6 5.3 5.3 4.8

Rhode Island

7.6 9.8 7.0 7.6 8.5 7.1 5.5 6.4 6.6 6.5

South Carolina

8.0 6.2 6.3 7.2 7.9 5.2 6.1 6.5 6.6 5.3

South Dakota

7.2 7.3 6.8 6.6 7.2 6.2 6.0 5.8 6.5 5.9

Tennessee

7.5 5.6 5.9 6.8 7.4 4.6 5.0 5.8 5.5 4.9

Texas

7.6 5.7 6.7 7.1 7.7 4.8 5.0 5.4 5.4 4.7

Utah

8.1 7.1 6.9 7.3 7.5 5.6 6.1 6.0 6.8 5.8

Vermont

7.6 8.2 8.4 7.9 8.1 8.0 6.1 6.8 7.5 6.9

Virginia

7.0 6.0 6.2 6.8 7.1 5.3 5.4 6.0 6.1 5.4

Washington

7.2 7.9 6.7 7.2 7.8 6.1 5.4 5.8 5.7 5.1

West Virginia

7.4 7.2 6.5 6.7 7.8 6.2 5.8 6.4 6.5 5.9

Wisconsin

6.3 5.8 5.8 5.5 6.5 5.1 4.7 5.4 5.8 5.4

Wyoming

10.0 9.1 8.8 8.9 10.1 7.7 8.3 8.5 8.6 7.8

Puerto Rico

6.6 6.6 7.7 8.3 6.4 4.9 5.0 5.0 5.1 5.5

Virgin Islands

9.9 7.4 10.6 7.4 8.1 5.8 10.8 6.2 8.5 9.4

Footnotes
(1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands.

 

Last Modified Date: Wednesday, August 31, 2022