Overview of the Current Labor Market

November 2017 Overview of the Current Market The analysis below is based on the most current labor market data available at any point in time. Supply The number of South Dakotans who would be available to staff a new or expanding business, or South Dakota's labor supply, was estimated at 51,080 in October 2017. Included in this labor supply are those who currently hold jobs (and would like to change) and those who, for a variety of reasons, do not have jobs. South Dakota Supply October 2017 Force This data is seasonally adjusted. Preliminary estimates show the October 2017 South Dakota labor force increased over the month by 300 workers (0.1%) to 459,100 workers. The level of unemployed increased by 200 (1.3 percent) to 16,000. Page 1 of 21

South Dakota Unemployment Rates by County Not seasonally adjusted October 2017 Notes about labor force data The unemployment rate represents the number of unemployed as a percent of the labor force. People are classified as unemployed if they do not have jobs, have actively looked for work in the prior four weeks and are currently available for work. People who were not working and were waiting to be recalled to jobs from which they were temporarily laid off are also included as unemployed. force estimates for South Dakota are produced by the Market Information Center in cooperation with the U.S. Bureau of Statistics. The concepts and definitions underlying the labor force data come from the Current Population Survey (CPS), the household survey which is the official measure of the labor force for the nation. The statewide estimate of the number of nonfarm jobs is a component of the model used to produce the labor force estimates. Other data used in this model include the number of continued unemployment insurance claims and survey data from the Current Population Survey (CPS) which is specific to the state. Although state specific data is used in the production of the labor force estimates for South Dakota, the state monthly model estimates are controlled in "real time" to sum to national monthly labor force estimates from the CPS. Therefore, variation in the estimates of the employed and unemployed are somewhat controlled by what is happening nationally. Page 2 of 21

South Dakota Nonfarm Wage & Salaried Workers by Industry This data is not seasonally adjusted. Over-the-month comparisons Based on a monthly survey of South Dakota establishments, preliminary estimates show the total nonfarm wage and salaried worker level decreased by 800 (or 0.2 percent) from September 2017 to October 2017. The Leisure and Hospitality sector experienced the largest worker loss, decreasing by 2,100 workers (4.3 percent), correlating with the end of the tourist season. Construction decreased by 200 workers (0.8 percent) from September 2017 to October 2017. Historically, the construction sector peaks in the summer as crew workers fix the roads and highways across the state and continue until cold weather starts. Professional and Business Services increased by 400 workers (1.3 percent) to 31,800 in October 2017 compared to 31,400 in September. Other Services had an over-the-month gain of 200 workers (1.2 percent). Education and Health Services increased by 300 workers (0.4 percent) over the month to 71,400 in October 2017. This sector continues to grow and expand overall. Retail Trade decreased over the month by 200 (0.4 percent), dropping from 52,400 in September 2017 to 52,200 in October 2017. Manufacturing increased by 300 workers (0.7 percent) to 42,200 in October 2017 compared to 41,900 in September 2017. Financial Activities had a loss of 100 workers (0.3 percent). Over-the-year comparisons Based on a monthly survey of South Dakota establishments, preliminary estimates show the total nonfarm wage and salaried worker level increased by 600 (0.1 percent) from October 2016 to October 2017. Since 2005, the South Dakota total nonfarm worker level has continued to trend upward. Leisure and Hospitality decreased by 600 (1.3 percent) over the year to 47,300 workers in October 2017. Worker levels in this sector commonly fluctuate due to the seasonality of this sector, depending on the time of year. Worker level trends for this sector have been fairly consistent, typically peaking in August and reflecting lower levels during January and February. Retail Trade lost 2,100 workers (3.9 percent), decreasing to a level of 52,200 in October 2017. The Construction sector levels fell over the year, with the employment level decreasing by 400 workers (1.7 percent) by October 2017. Historically, worker levels in this industry hit highs during the summer months and decline when colder weather hits. Page 3 of 21

Education and Health Services increased over the year to 71,400 in October 2017, gaining 300 workers (0.4 percent). The Education and Healthcare Services sector has remained fairly stable and has continued to trend upward. The aging population continued to impact the demand for health care services. The Professional and Business Services sector increased over-the-year by 500 workers (1.6 percent) to 31,800. The Wholesale Trade worker level decreased over the year by 200 workers (0.9 percent) to 21,100 workers in October 2017. The Wholesale Trade sector includes establishments engaged in wholesaling merchandise, as well as rendering services incidental to the sale of merchandise. Manufacturing experienced an increase over the year of 100 workers (0.2 percent). Worker levels had been steadily trending upward until the recession hit in 2009. Since then, worker levels have continued to trend upward overall. Durable Goods decreased over-the-year by 200 workers (0.7 percent). Durable Goods, such as cars, refrigerators and mobile phones, are not for immediate consumption and are able to be kept for a period of time. Non-Durable Goods increased by 300 workers (2.0 percent). Non-Durable Goods are immediately consumed in one use or have a lifespan of less than three years. Examples of Non-Durable Goods are cosmetics, cleaning supplies, food and fuel. The Other Services sector gained 100 workers (0.6 percent), rising to a level of 16,300 workers in October 2017. Other Services include a wide variety of activities, including repair and maintenance, personal and laundry services, religious, grant making, private households and other similar organizations. Historical trends reflect consistent fluctuations with worker levels increasing during the summer months and declining in the spring months. Financial Activities gained 500 workers (1.7 percent), reaching a level of 29,800 workers in October 2017. Worker levels within this sector had been trending upward, with a high point in 2010. Although a downturn occurred in 2014, worker levels have been trending upward again. Government increased by 1,500 workers (1.9 percent) to a level of 81,700 in October 2017. The Government sector includes Federal, State and Local Government. Page 4 of 21

South Dakota Nonfarm Worker Levels Not Seasonally Adjusted Percent Change Industries October 2017 September 2017 October 2016 Last Month Last Year TOTAL 438,500 439,300 437,900-0.2% 0.1% Total Private 356,800 358,400 357,700-0.5% -0.3% Goods Producing 66,900 66,800 67,100 0.2% -0.3% Service Providing 371,600 372,500 370,800-0.2% 0.2% Private Service Providing 289,900 291,600 290,600-0.6% -0.2% Mining/Logging/Construction 24,700 24,900 25,000-0.8% -1.2% Mining and Logging 1,100 1,100 1,000 0.0% 10.0% Construction 23,600 23,800 24,000-0.8% -1.7% Construction of Buildings 6,000 6,100 6,000-1.6% 0.0% Heavy/Civil Engineering Construction 4,300 4,500 4,600-4.4% -6.5% Speciality Trade Contractors 13,300 13,200 13,400 0.8% -0.8% Manufacturing 42,200 41,900 42,100 0.7% 0.2% Durable Goods 27,100 27,000 27,300 0.4% -0.7% Non-Durable Goods 15,100 14,900 14,800 1.3% 2.0% Trade, Transportation & Utilities 87,400 87,800 89,100-0.5% -1.9% Wholesale Trade 21,100 21,100 21,300 0.0% -0.9% Retail Trade 52,200 52,400 54,300-0.4% -3.9% Transportation/Warehousing/Utilities 14,100 14,300 13,500-1.4% 4.4% Information 5,900 5,900 5,700 0.0% 3.5% Financial Activities 29,800 29,900 29,300-0.3% 1.7% Professional Business Services 31,800 31,400 31,300 1.3% 1.6% Education/Health Service 71,400 71,100 71,100 0.4% 0.4% Educational Services 7,900 7,700 7,900 2.6% 0.0% Health Care/Social Assistance 63,500 63,400 63,200 0.2% 0.5% Hospitals 24,800 24,900 24,500-0.4% 1.2% Leisure/Hospitality 47,300 49,400 47,900-4.3% -1.3% Other Services (except Public Administration) 16,300 16,100 16,200 1.2% 0.6% Government 81,700 80,900 80,200 1.0% 1.9% Federal Government 11,900 11,900 11,300 0.0% 5.3% State Goverment 19,100 19,200 19,300-0.5% -1.0% State Education 10,300 10,100 10,300 2.0% 0.0% Local Government 50,700 49,800 49,600 1.8% 2.2% Local Education 27,500 26,100 27,200 5.4% 1.1% Notes: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding. Source: Market Information Center, South Dakota Department of and Regulation. Produced in cooperation with the U.S. Bureau of Statistics Access historical South Dakota nonfarm wage and salaried worker data. See the definition of nonfarm wage and salaried workers. See technical notes about nonfarm worker estimates. Page 5 of 21

Rapid City Metropolitan Statistical Area (MSA) Nonfarm Worker Levels Not Seasonally Adjusted Percent Change Industry October 2017 September 2017 October 2016 Last Month Last Year TOTAL 68,700 69,200 67,600-0.7% 1.6% Total Private 57,100 58,000 56,400-1.6% 1.2% Goods Producing 8,000 8,100 7,800-1.2% 2.6% Service Providing 60,700 61,100 59,800-0.7% 1.5% Private Service Providing 49,100 49,900 48,600-1.6% 1.0% Mining/Logging/Construction 5,000 5,100 5,000-2.0% 0.0% Manufacturing 3,000 3,000 2,800 0.0% 7.1% Trade/Transportation/Utilities 13,700 13,800 13,900-0.7% -1.4% Wholesale Trade 2,500 2,500 2,500 0.0% 0.0% Retail Trade 9,500 9,400 9,600 1.1% -1.0% Transportation/Warehousing/Utilities 1,700 1,900 1,800-10.5% -5.6% Information 900 900 900 0.0% 0.0% Financial Activities 4,000 4,000 4,000 0.0% 0.0% Professional/Business Services 5,300 5,200 5,200 1.9% 1.9% Educational/Health Services 11,600 11,600 11,400 0.0% 1.8% Leisure/Hospitality 10,500 11,300 10,100-7.1% 4.0% Other Services 3,100 3,100 3,100 0.0% 0.0% Government 11,600 11,200 11,200 3.6% 3.6% Notes: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding. Source: Market Information Center, South Dakota Department of and Regulation. Produced in cooperation with the U.S. Bureau of Statistics. Access historical Rapid City MSA nonfarm wage and salaried worker data. See the definition of nonfarm wage and salaried workers. See the definition of the Rapid City MSA. See technical notes about nonfarm worker estimates. Page 6 of 21

Sioux Falls Metropolitan Statistical Area (MSA) Nonfarm Worker Levels Not Seasonally Adjusted Percent Change Industry October 2017 September 2017 October 2016 Last Month Last Year TOTAL 154,300 155,400 154,200-0.7% 0.1% Total Private 140,700 141,600 140,400-0.6% 0.2% Goods Producing 22,300 22,200 22,100 0.5% 0.9% Service Providing 132,000 133,200 132,100-0.9% -0.1% Private Service Providing 118,400 119,400 118,300-0.8% 0.1% Mining/Logging/Construction 8,700 8,700 8,600 0.0% 1.2% Manufacturing 13,600 13,500 13,500 0.7% 0.7% Trade/Transportation/Utilities 32,300 32,600 33,000-0.9% -2.1% Wholesale Trade 8,400 8,400 8,300 0.0% 1.2% Retail Trade 18,300 18,600 19,200-1.6% -4.7% Transportation/Warehousing/Utilities 5,600 5,600 5,500 0.0% 1.8% Information 2,500 2,600 2,500-3.9% 0.0% Financial Activities 15,500 15,600 15,800-0.6% -1.9% Professional/Business Services 15,500 15,300 14,900 1.3% 4.0% Educational/Health Services 32,300 32,000 31,700 0.9% 1.9% Leisure/Hospitality 15,100 16,200 15,300-6.8% -1.3% Other Services 5,200 5,100 5,100 2.0% 2.0% Government 13,600 13,800 13,800-1.5% -1.5% Notes: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding. Source: Market Information Center, South Dakota Department of and Regulation. Produced in cooperation with the U.S. Bureau of Statistics. Access historical Sioux Falls MSA nonfarm wage and salaried worker data. See the definition of nonfarm wage and salaried workers. See the definition of the Sioux Falls MSA. See technical notes about nonfarm worker estimates. Page 7 of 21

South Dakota Supply October 2017 Area Unemployed Underemployed Discouraged Workers Total Supply South Dakota 13,815 33,165 4,090 51,080 Rapid City MSA 2,360 5,540 180 8,075 Sioux Falls MSA 3,850 11,180 175 15,205 Aurora County 45 55 55 150 Beadle County 240 590 45 870 Bennett County 50 70 75 195 Bon Homme County 80 90 45 215 Brookings County 530 1,665 45 2,240 Brown County 555 1,590 45 2,190 Brule County 80 165 55 300 Buffalo County 60 60 150 270 Butte County 160 250 55 465 Campbell County 30 20 60 110 Charles Mix County 140 235 65 435 Clark County 60 90 55 205 Clay County 230 895 50 1,175 Codington County 420 1,185 45 1,655 Corson County 55 70 65 190 Custer County 155 185 70 410 Davison County 300 995 45 1,340 Day County 85 135 55 280 Deuel County 75 70 60 205 Dewey County 210 245 175 635 Douglas County 40 60 45 145 Edmunds County 55 80 45 180 Fall River County 105 250 65 420 Faulk County 35 40 55 125 Page 8 of 21

South Dakota Supply, continued October 2017 Area Unemployed Underemployed Discouraged Workers Total Supply Grant County 125 260 50 435 Gregory County 60 80 50 195 Haakon County 25 40 45 110 Hamlin County 85 140 45 270 Hand County 45 85 40 170 Hanson County 50 40 50 140 Harding County 30 30 75 130 Hughes County 255 860 45 1,160 Hutchinson County 100 155 45 300 Hyde County 20 30 55 105 Jackson County 55 65 80 200 Jerauld County 25 70 40 135 Jones County 20 35 65 120 Kingsbury County 75 115 45 235 Lake County 230 375 60 665 Lawrence County 395 1,165 50 1,610 Lincoln County 750 1,680 40 2,470 Lyman County 100 130 100 335 Marshall County 85 100 65 250 McCook County 75 100 40 215 McPherson County 35 35 60 135 Meade County 445 595 55 1,095 Mellette County 30 25 75 130 Miner County 30 40 45 120 Minnehaha County 2,885 9,265 45 12,195 Moody County 120 145 55 320 Oglala Lakota County 420 525 220 1,165 Pennington County 1,760 4,760 55 6,570 Page 9 of 21

South Dakota Supply, continued October 2017 Area Unemployed Underemployed Discouraged Workers Total Supply Perkins County 45 100 50 195 Potter County 35 45 50 125 Roberts County 190 300 65 560 Sanborn County 35 25 55 115 Spink County 100 155 55 310 Stanley County 55 110 50 220 Sully County 20 35 45 105 Todd County 225 315 125 665 Tripp County 80 130 45 255 Turner County 140 135 50 325 Union County 295 695 65 1,055 Walworth County 100 160 80 335 Yankton County 320 905 45 1,270 Ziebach County 50 20 90 160 Please note: Data for labor supply components (unemployed, underemployed and discouraged workers) may not add to total labor supply due to rounding. Source: Market Information Center, South Dakota Department of and Regulation. See the definition of labor supply. See technical notes about labor supply estimates. Page 10 of 21

United States and South Dakota Force Seasonally Adjusted October 2017 October 2016 Area Force Employed Unemployed Rate Force Employed Unemployed Rate United States 160,381,000 153,861,000 6,520,000 4.1% 159,643,000 151,902,000 7,740,000 4.8% South Dakota 459,100 443,100 16,000 3.5% 454,000 440,900 13,100 2.9% Note: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding. Source: Market Information Center, South Dakota Department of and Regulation. Produced in cooperation with the U.S. Bureau of Statistics. Access historical labor force data. See the definition of labor force. See technical notes about labor force data. Page 11 of 21

South Dakota and County Force Not Seasonally Adjusted October 2017 October 2016 Area Force Employment Unemployment Rate Force Employment Unemployment Rate South Dakota 458,671 444,867 13,804 3.0% 454,982 443,886 11,096 2.4% Aurora County 1,474 1,429 45 3.1% 1,461 1,433 28 1.9% Beadle County 9,470 9,230 240 2.5% 9,474 9,280 194 2.0% Bennett County 1,121 1,072 49 4.4% 1,150 1,109 41 3.6% Bon Homme County 2,840 2,762 78 2.7% 2,825 2,760 65 2.3% Brookings County 19,745 19,215 530 2.7% 19,533 19,101 432 2.2% Brown County 21,192 20,638 554 2.6% 21,124 20,672 452 2.1% Brule County 2,477 2,399 78 3.1% 2,438 2,385 53 2.2% Buffalo County 715 657 58 8.1% 717 656 61 8.5% Butte County 5,075 4,917 158 3.1% 5,149 4,985 164 3.2% Campbell County 831 802 29 3.5% 821 804 17 2.1% Charles Mix County 3,816 3,678 138 3.6% 3,757 3,649 108 2.9% Clark County 1,866 1,806 60 3.2% 1,866 1,815 51 2.7% Clay County 7,536 7,307 229 3.0% 7,404 7,222 182 2.5% Codington County 15,344 14,923 421 2.7% 15,228 14,869 359 2.4% Corson County 1,400 1,347 53 3.8% 1,429 1,374 55 3.8% Custer County 3,932 3,776 156 4.0% 3,849 3,738 111 2.9% Davison County 11,317 11,017 300 2.7% 11,395 11,173 222 1.9% Day County 2,784 2,697 87 3.1% 2,770 2,684 86 3.1% Deuel County 2,179 2,103 76 3.5% 2,256 2,190 66 2.9% Dewey County 2,217 2,006 211 9.5% 2,162 2,013 149 6.9% Douglas County 1,625 1,583 42 2.6% 1,607 1,577 30 1.9% Edmunds County 2,151 2,095 56 2.6% 2,147 2,107 40 1.9% Fall River County 2,952 2,845 107 3.6% 2,996 2,892 104 3.5% Faulk County 1,067 1,034 33 3.1% 1,058 1,032 26 2.5% Grant County 4,427 4,302 125 2.8% 4,279 4,180 99 2.3% Gregory County 2,070 2,008 62 3.0% 2,089 2,024 65 3.1% Haakon County 1,069 1,042 27 2.5% 1,070 1,047 23 2.1% Hamlin County 3,162 3,077 85 2.7% 3,120 3,046 74 2.4% Page 12 of 21

South Dakota and County Force, continued Not Seasonally Adjusted October 2017 October 2016 Area Force Employment Unemployment Rate Force Employment Unemployment Rate Hand County 1,844 1,799 45 2.4% 1,866 1,831 35 1.9% Hanson County 1,738 1,689 49 2.8% 1,759 1,714 45 2.6% Harding County 696 667 29 4.2% 710 688 22 3.1% Hughes County 10,234 9,980 254 2.5% 10,323 10,129 194 1.9% Hutchinson County 3,566 3,468 98 2.7% 3,582 3,509 73 2.0% Hyde County 680 658 22 3.2% 691 674 17 2.5% Jackson County 1,248 1,192 56 4.5% 1,240 1,204 36 2.9% Jerauld County 1,104 1,077 27 2.4% 1,032 1,007 25 2.4% Jones County 549 529 20 3.6% 534 521 13 2.4% Kingsbury County 2,721 2,648 73 2.7% 2,705 2,645 60 2.2% Lake County 6,620 6,389 231 3.5% 6,527 6,362 165 2.5% Lawrence County 13,113 12,719 394 3.0% 13,150 12,796 354 2.7% Lincoln County 31,636 30,888 748 2.4% 31,401 30,832 569 1.8% Lyman County 1,783 1,681 102 5.7% 1,753 1,674 79 4.5% Marshall County 2,332 2,245 87 3.7% 2,375 2,304 71 3.0% McCook County 3,131 3,055 76 2.4% 3,137 3,064 73 2.3% McPherson County 1,018 982 36 3.5% 1,044 1,008 36 3.4% Meade County 13,797 13,354 443 3.2% 13,494 13,128 366 2.7% Mellette County 710 679 31 4.4% 729 704 25 3.4% Miner County 1,174 1,143 31 2.6% 1,180 1,150 30 2.5% Minnehaha County 110,488 107,603 2,885 2.6% 109,641 107,375 2,266 2.1% Moody County 3,956 3,834 122 3.1% 3,918 3,806 112 2.9% Oglala Lakota County 3,626 3,205 421 11.6% 3,687 3,328 359 9.7% Pennington County 56,673 54,915 1,758 3.1% 55,320 53,866 1,454 2.6% Perkins County 1,597 1,552 45 2.8% 1,525 1,482 43 2.8% Potter County 1,116 1,083 33 3.0% 1,139 1,113 26 2.3% Roberts County 4,979 4,790 189 3.8% 4,905 4,766 139 2.8% Sanborn County 1,107 1,071 36 3.3% 1,153 1,125 28 2.4% Page 13 of 21

South Dakota and County Force, continued Not Seasonally Adjusted October 2017 October 2016 Area Force Employment Unemployment Rate Force Employment Unemployment Rate Spink County 3,207 3,107 100 3.1% 3,216 3,133 83 2.6% Stanley County 1,845 1,789 56 3.0% 1,854 1,819 35 1.9% Sully County 823 801 22 2.7% 833 816 17 2.0% Todd County 3,158 2,935 223 7.1% 3,018 2,849 169 5.6% Tripp County 2,971 2,891 80 2.7% 2,925 2,869 56 1.9% Turner County 4,629 4,491 138 3.0% 4,609 4,511 98 2.1% Union County 8,134 7,840 294 3.6% 8,023 7,815 208 2.6% Walworth County 2,190 2,092 98 4.5% 2,158 2,084 74 3.4% Yankton County 11,665 11,347 318 2.7% 11,706 11,451 255 2.2% Ziebach County 962 913 49 5.1% 952 917 35 3.7% Note: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding. Source: Market Information Center, South Dakota Department of and Regulation. Produced in cooperation with the U.S. Bureau of Statistics. Access historical labor force data. See the definition of labor force. See technical notes about labor force data. Page 14 of 21

South Dakota Area Force Not Seasonally Adjusted October 2017 October 2016 Area Force Employment Unemployment Rate Force Employment Unemployment Rate Rapid City MSA 74,402 72,045 2,357 3.2% 72,663 70,732 1,931 2.7% Sioux Falls MSA 149,884 146,037 3,847 2.6% 148,788 145,782 3,006 2.0% Aberdeen MiSA 23,343 22,733 610 2.6% 23,271 22,779 492 2.1% Brookings MiSA 19,745 19,215 530 2.7% 19,533 19,101 432 2.2% Huron MiSA 9,470 9,230 240 2.5% 9,474 9,280 194 2.0% Mitchell MiSA 13,055 12,706 349 2.7% 13,154 12,887 267 2.0% Pierre MiSA 12,902 12,570 332 2.6% 13,010 12,764 246 1.9% Spearfish MiSA 13,113 12,719 394 3.0% 13,150 12,796 354 2.7% Vermillion MiSA 7,536 7,307 229 3.0% 7,404 7,222 182 2.5% Watertown MiSA 15,344 14,923 421 2.7% 15,228 14,869 359 2.4% Yankton MiSA 11,665 11,347 318 2.7% 11,706 11,451 255 2.2% Dewey-Ziebach LMA 3,179 2,919 260 8.2% 3,114 2,930 184 5.9% Note: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding. Source: Market Information Center, South Dakota Department of and Regulation. Produced in cooperation with the U.S. Bureau of Statistics. Access historical labor force data. See the definition of labor force. See the definition of MSA. See the definition of MiSA. See the definition of LMA. See technical notes about labor force data. Page 15 of 21

South Dakota City Force Not Seasonally Adjusted October 2017 October 2016 Areas Force Employment Unemployment Rate Force Employment Unemployment Rate Aberdeen 15,299 14,882 417 2.7% 15,254 14,907 347 2.3% Brookings 13,917 13,518 399 2.9% 13,754 13,438 316 2.3% Huron 6,792 6,618 174 2.6% 6,798 6,654 144 2.1% Mitchell 8,961 8,720 241 2.7% 9,022 8,843 179 2.0% Pierre 8,328 8,122 206 2.5% 8,402 8,244 158 1.9% Rapid City 37,180 36,035 1,145 3.1% 36,405 35,346 1,059 2.9% Sioux Falls 102,151 99,449 2,702 2.6% 101,369 99,243 2,126 2.1% Sioux Falls - Lincoln 15,546 15,186 360 2.3% 15,444 15,158 286 1.9% Sioux Falls - Minnehaha 86,605 84,263 2,342 2.7% 85,925 84,085 1,840 2.1% Spearfish 6,120 5,956 164 2.7% 6,170 5,992 178 2.9% Vermillion 5,713 5,541 172 3.0% 5,626 5,476 150 2.7% Watertown 11,947 11,604 343 2.9% 11,866 11,562 304 2.6% Yankton 7,192 6,985 207 2.9% 7,225 7,049 176 2.4% Note: 2017 data is preliminary and subject to revision. Data may not sum to totals because of rounding. Source: Market Information Center, South Dakota Department of and Regulation. Produced in cooperation with the U.S. Bureau of Statistics. Access historical labor force data. See the definition of labor force. See technical notes about labor force data. Page 16 of 21

South Dakota and Area Annualized Pay of Workers Covered by Unemployment Insurance April 2016 to March 2017 Statewide $41,796 Douglas County $33,724 McPherson County $30,613 Rapid City MSA $40,318 Edmunds County $37,130 Marshall County $36,861 Sioux Falls MSA $46,626 Fall River County $35,278 Meade County $38,985 Aurora County $31,423 Faulk County $32,334 Mellette County $26,118 Beadle County $38,886 Grant County $39,340 Miner County $32,501 Bennett County $30,574 Gregory County $29,990 Minnehaha County $46,766 Bon Homme County $32,994 Haakon County $35,427 Moody County $37,401 Brookings County $42,317 Hamlin County $35,380 Oglala Lakota County $38,689 Brown County $40,558 Hand County $32,754 Pennington County $40,753 Brule County $31,112 Hanson County $35,962 Perkins County $30,950 Buffalo County $37,666 Harding County $39,602 Potter County $33,265 Butte County $32,674 Hughes County $42,718 Roberts County $33,616 Campbell County $32,596 Hutchinson County $34,403 Sanborn County $31,485 Charles Mix County $32,918 Hyde County $38,730 Spink County $35,822 Clark County $32,361 Jackson County $28,432 Stanley County $34,056 Clay County $36,425 Jerauld County $35,957 Sully County $34,664 Codington County $37,731 Jones County $28,412 Todd County $35,855 Corson County $35,700 Kingsbury County $35,379 Tripp County $33,645 Custer County $33,703 Lake County $38,988 Turner County $33,581 Davison County $38,227 Lawrence County $33,893 Union County $52,599 Day County $30,533 Lincoln County $47,847 Walworth County $33,229 Deuel County $39,981 Lyman County $29,246 Yankton County $40,244 Dewey County $38,543 McCook County $34,581 Ziebach County $33,499 Source: Market Information Center, South Dakota Department of and Regulation. Produced in cooperation with the U.S. Bureau of Statistics. Access historical annual pay data. See the definition of covered workers. See the definition of Metropolitan Statistical Area (MSA). See technical notes about the Quarterly Census of Employment and Wages, the program that makes this data possible. Page 17 of 21

Activities of the Unemployment Insurance Division, South Dakota Department of and Regulation Percent Change Activities October 2017 September 2017 October 2016 Last Month Last Year Initial Claims 929 641 1,096 44.9% -15.2% Weeks Claimed 4,499 3,692 5,277 21.9% -14.7% Amount of Benefit Payments $1,189,994 $931,454 $1,237,121 27.8% -3.8% Unemployment Trust Fund Balance $120,701,256 $120,151,325 $111,175,526 0.5% 8.6% Source: Unemployment Insurance Division, South Dakota Department of and Regulation. See the definitions of terms used above. Page 18 of 21

Activities of the Job Services Offices of the South Dakota Department of and Regulation Activities Oct 2016 to Sep 2017 Oct 2015 to Sep 2016 Percent Change Job Seekers 51,190 54,340-5.8% Entered Employments n/a 21,049 n/a Job Openings Received 84,414 91,287-7.5% Please note: An n/a indicates data not available due to the transition to new reporting formulas. Source: South Dakota Department of and Regulation. See the definition of the terms used above. Find a job service office. Page 19 of 21

Activities of the Unemployment Insurance Division of the South Dakota Department of and Regulation Weeks Claimed October 2017 Aurora 19 Fall River 23 McPherson 4 Beadle 28 Faulk 0 Meade 175 Bennett 15 Grant 30 Mellette 19 Bon Homme 6 Gregory 13 Miner 2 Brookings 108 Haakon 3 Minnehaha 1,187 Brown 119 Hamlin 33 Moody 18 Brule 21 Hand 0 Oglala Lakota 186 Buffalo 36 Hanson 6 Pennington 667 Butte 39 Harding 4 Perkins 1 Campbell 14 Hughes 73 Potter 6 Charles Mix 38 Hutchinson 10 Roberts 35 Clark 7 Hyde 2 Sanborn 5 Clay 54 Jackson 10 Spink 14 Codington 121 Jerauld 0 Stanley 16 Corson 3 Jones 3 Sully 5 Custer 33 Kingsbury 13 Todd 109 Davison 98 Lake 105 Tripp 16 Day 27 Lawrence 108 Turner 42 Deuel 7 Lincoln 250 Union 123 Dewey 60 Lyman 72 Walworth 18 Douglas 5 Marshall 13 Yankton 122 Edmunds 9 McCook 5 Ziebach 34 Source: Unemployment Insurance Division, South Dakota Department of and Regulation. See the definitions of terms used above. Page 20 of 21

National Economic Indicators Percent Change Indicators October 2017 September 2017 October 2016 Last Month Last Year Consumer Price Index 246.7 246.8 241.7-0.1% 2.0% Nonfarm Payroll Employment (not seasonally adjusted) 148.0 147.0 146.0 0.7% 1.4% Privately Owned Housing Starts 1,290 1,135 1,328 13.7% -2.9% Bank Prime Loan Rate 4.25 4.25 3.50 0.0% 21.4% Gross Domestic Product (Links to a Bureau of Economic Analysis news release containing the most recent data available.) Sources: Consumer Price Index and Nonfarm Payroll Employment (in thousands), U.S. Bureau of Statistics. Privately Owned Housing Starts, U.S. Census Bureau. Bank Prime Loan Rate, Federal Reserve Board. See definitions of terms used above. Page 21 of 21