PIERRE, S.D. (MITCHELLNOW) South Dakota prides itself for having one of the lowest unemployment rates in the nation…but that may not tell the whole story. Creighton University’s monthly Main Street Index shows the state’s economy in negative territory for the second straight month.
Economist Dr. Ernie Goss says the jobless numbers only tell part of the story. He says that obviously the state wants low unemployment figures, but the more important factor is the number of new jobs created.
South Dakota’s new hiring index reading slipped into slightly negative territory last month. Even with that decline, the state’s readings are still higher than the regional average.