Sioux Falls MSA - South Dakotadlr.sd.gov/lmic/documents/metro_area_profile_sfmsa.pdfSioux Falls MSA...

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Beginning of Quarter Employment (3Q 2015 & 3Q 2016) Health Care & Social Assistance employed the most workers in the third quarter of 2016. The top five sectors made up 58.8% of the Sioux Falls MSA worker levels. Health Care & Social Assistance, 18.5% Retail Trade, 13.7% Finance and Insurance, 9.2% Manufacturing, 8.7% Accommodation & Food Services, 8.7% All Other Industries, 41.2% Over the year, the Sioux Falls MSA gained almost 2,500 jobs. Employment rose in all age groups. The addition of 600-plus workers in the 65-99 age group translated to the highest percentage increase. The much larger workforce in the 25-44 and 45-64 age groups each gained more workers than the eldest group. 65-99 45-64 25-44 19-24 14-18 Employment by Sex & Select Age Groups: Over-the-year Comparisons (3Q 2015 & 3Q 2016) Employment distribution by age Over-the-year change in employment by age group Employment by Industry (3Q 2016) Employment increased by about 1,400 for men and 1,000 for women over the year. 1.4% 1.9% Over-the-year Change in Employment by Sex Top three sectors by sex Health Care & Social Assistance Retail Trade Finance & Insurance Retail Trade Manufacturing Construction Employment distribution by industry Beginning of Quarter Employment: The estimate of the total number of jobs on the first day of the reference quarter. Each job a person has is included; therefore, multiple jobholders are counted more than once. 2015 2016 147,768 150,206 1. 6% Male workers held a slim lead in employment in the third quarter of 2016. Employment distrubtion by sex 3Q 2016 3Q 2015 50.0% 49.8% 50.0% 50.2% employment Sioux Falls MSA In order to qualify as a Metropolitan Statistical Area (MSA), an area must have at least one urbanized area with a population of 50,000 or more, plus adjacent territory that has a high degree of social and economic integration with the core as measured by commuting ties. The Sioux Falls MSA consists of Lincoln, McCook, Minnehaha and Turner counties. 3Q 2015 3Q 2016 4.3% 12.1% 44.2% 34.4% 5.1% 4.2% 12.0% 44.0% 34.3% 5.4% 8.6% 1.4% 1.2% 1.0% 1.3% ! ! ! ! Parker Sioux Falls Canton Salem Metro Area Profile Numbers may not sum due to rounding. Source: QWI Explorer application, U.S. Census Bureau, qwiexplorer.ces.census.gov, December 2017. Prepared by the Labor Market Information Center, South Dakota Department of Labor and Regulation, October 2017.

Transcript of Sioux Falls MSA - South Dakotadlr.sd.gov/lmic/documents/metro_area_profile_sfmsa.pdfSioux Falls MSA...

Page 1: Sioux Falls MSA - South Dakotadlr.sd.gov/lmic/documents/metro_area_profile_sfmsa.pdfSioux Falls MSA New Hires (3Q 2015 & 3Q 2016) Accommodation & Food Services had the most new hires

Beginning of Quarter Employment (3Q 2015 & 3Q 2016)

Health Care & Social Assistance employed the most workers in the third quarter of 2016.

The top �ve sectors made up 58.8% of the Sioux Falls MSA worker levels.

Health Care & Social Assistance, 18.5%

Retail Trade, 13.7%

Finance and Insurance, 9.2%

Manufacturing, 8.7%

Accommodation & Food Services, 8.7%

All Other Industries, 41.2%

Over the year, the Sioux Falls MSA gained almost 2,500 jobs.

Employment rose in all age groups. The addition of 600-plus workers in the 65-99 age group translated to the highest percentage increase. The much larger workforce in the 25-44 and 45-64 age groups each gained more workers than the eldest group.

65-99

45-64

25-44

19-24

14-18

Employment by Sex & Select Age Groups: Over-the-year Comparisons (3Q 2015 & 3Q 2016)Employment distribution by age

Over-the-year change in employment by age group

Employment by Industry (3Q 2016)

Employment increased by about 1,400 for men and 1,000 for women over the year.

1.4%1.9%

Over-the-year Change in Employment by Sex

Top three sectors by sex

Health Care & Social AssistanceRetail TradeFinance & Insurance

Retail TradeManufacturingConstruction

Employment distribution by industry

Beginning of Quarter Employment: The estimate of the total number of jobs on the �rst day of the reference quarter. Each job a person has is included; therefore, multiple jobholders are counted more than once.

20152016

147,768

150,206 1.6%

Male workers held a slim lead in employment in the third quarter of 2016.

Employment distrubtion by sex

3Q2016

3Q2015 50.0%

49.8%

50.0%

50.2%

employment

Sioux Falls MSAIn order to qualify as a Metropolitan Statistical Area (MSA), an area must have at least one urbanized area with a population of 50,000 or more, plus adjacent territory that has a high degree of social and economic integration with the core as measured by commuting ties. The Sioux Falls MSA consists of Lincoln, McCook, Minnehaha and Turner counties.

3Q 2015 3Q 2016

4.3%12.1%

44.2%

34.4%

5.1%

4.2%12.0%

44.0%

34.3%

5.4% 8.6%

1.4%1.2% 1.0% 1.3%

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Parker

Sioux Falls

Canton

Salem

Metro Area Profile

Numbers may not sum due to rounding.

Source: QWI Explorer application, U.S. Census Bureau, qwiexplorer.ces.census.gov, December 2017.

Prepared by the Labor Market Information Center, South Dakota Department of Labor and Regulation, October 2017.

Page 2: Sioux Falls MSA - South Dakotadlr.sd.gov/lmic/documents/metro_area_profile_sfmsa.pdfSioux Falls MSA New Hires (3Q 2015 & 3Q 2016) Accommodation & Food Services had the most new hires

14.9%

-0.3%

3.8%

7.3%

3.8%

Sioux Falls

3Q2016

3Q2015 50.1%

50.4%

49.9%

49.6%

20152016

23,377

24,448

Sioux Falls MSANew Hires (3Q 2015 & 3Q 2016)

Accommodation & Food Services had the most new hires in the third quarter of 2016.

The top �ve sectors made up 68.3% of the Sioux Falls MSA new hires.

Accommodation & Food Services, 22.6%

Retail Trade, 16.3%

Health Care and Social Assistance, 11.3%

Administrative & Support & Waste Mgmt. & Remediation Services, 10.7%

Construction, 7.4%

All Other Industries, 31.7%

The Sioux Falls MSA gained more than 1,000 new hires over the year.

The eldest group, which made up the smallest share of new hire employment, hit double-digit percentage growth over the year with the addition of more than 80 workers. Excluding the declining 19-24 age group, the other new hire numerical increases ranged from 100 to more than 700.

4.6%

65-99

45-64

25-44

19-24

14-18

New Hires by Sex & Select Age Groups: Over-the-year Comparisons (3Q 2015 & 3Q 2016)New hire distribution by age

Over-the-year change in new hires by age group

New Hires by Industry (3Q 2016)

New hires increased by more than 400 for men and almost 700 for women over the year.

Over-the-year change in employment by sex5.7%

3.5%

Top three new hire sectors by sex

Accommodation & Food ServicesHealth Care & Social AssistanceRetail Trade

Accommodation & Food Services Retail TradeConstruction

New hires distribution by industry

New Hires: The estimated number of workers who started a new job. More speci�cally, the total hires who worked for an employer in the speci�ed quarter and were not employed by that employer in any of the previous four quarters. New hire activity is heavily a�ected by seasonality and economic in�uences.

new

New hires were distributed nearly equally among men and women in the third quarters of 2015 and 2016.

New hires distrubtion by sex

new hiresMetro Area Profile

11.8%

24.6%

43.0%

18.1%

2.5%

11.7%

23.5%

44.1%

18.0%

2.7%

3Q 2015 3Q 2016

4.6%

Numbers may not sum due to rounding.

Source: QWI Explorer application, U.S. Census Bureau, qwiexplorer.ces.census.gov, December 2017.

Prepared by the Labor Market Information Center, South Dakota Department of Labor and Regulation, December 2017.

Page 3: Sioux Falls MSA - South Dakotadlr.sd.gov/lmic/documents/metro_area_profile_sfmsa.pdfSioux Falls MSA New Hires (3Q 2015 & 3Q 2016) Accommodation & Food Services had the most new hires

112,829

22,730 14,767Sioux FallsMSA

Workers in the 45-64 age group earned the most with an average of $4,731 per month in the third quarter of 2016, up 7.4 percent from the third quarter 2015. The more than $300 rise for those in the 45-64 age group was the greatest numerical and percentage increase.

65-99

45-64

25-44

19-24

14-18

Earnings by Sex & Select Age Groups (3Q 2015 & 3Q 2016)

Earnings: Average monthly earnings of employees with stable jobs (i.e., worked with the same �rm throughout the quarter).

20152016

$3,716

$3,973

Earnings by age group (3Q 2016)

$750

$2,004

$4,113$4,731

$2,901

Men’s monthly average earnings increased by $260; women’s average monthly earnings increased by $253.

8.5%

5.8%

Over-the-year change in earnings by Sex (3Q 2015 & 2016)

commutingIn�ow and Out�ow of Primary Jobs (2015)

Note: Overlay arrows do not indicate directionality of worker flow between home and employment locations.

Employed and Live in Selection AreaEmployed in Selection Area, Live OutsideLive in Selection Area, Employed Outside

At the beginning of the third quarter in 2015 (most current data available), 88.4 percent of the workers who lived in the Sioux Falls MSA had a primary job in the MSA. The other 11.6 percent lived in the MSA, but worked outside the area. Of those employed in the area, 16.8 percent commuted from outside the MSA.

Primary jobs: Public and private sector jobs, one per worker. It is the highest paying job for an individual worker.

In�ow and out�ow counts of primary jobs (2015)

Over-the-year change in earnings by age group (3Q 2015 & 2016)

4.1%

7.1%

3.0%

6.8%7.4%

In the third quarter of 2016, earnings increased by by more than $250 over the year.

Workers Living inthe MSA

127,596

Workers Employed in the MSA

135,559

83.2%

16.8%

88.4%

11.6%

6.9%

Numbers may not sum due to rounding.

Source: QWI Explorer application, U.S. Census Bureau, qwiexplorer.ces.census.gov, December 2017.

Prepared by the Labor Market Information Center, South Dakota Department of Labor and Regulation, December 2017.

Sioux FallsSioux Falls MSAMetro Area Profile

average monthly earningsEarnings (3Q 2015 & 3Q 2016)