Job Perks: The Benefits of Employee Benefits

Transcription

1 August 2010 Labor Market Information Center South Dakota Department of Labor Job Perks: The Benefits of Employee Benefits From the August 2010 South Dakota e-labor Bulletin Having a job is one thing. But having a job offering employee benefits is another. Employers are not required to offer perks such as medical insurance, paid time off, or retirement plans, but many of them do. In a competitive market, an impressive benefits package is often the bait that attracts and maintains the best employees. Two of the "main attractions" tending to draw employees are medical insurance and a retirement plan. With the growing expense of each, their attraction may carry nearly the weight as the salary itself. Alternatively, certain other benefits may be more valuable to other employees depending on their particular situation. For example, a frequent traveler may find the most benefit in a nice paid leave package. A busy mom may be attracted most to flexible scheduling. The Labor Market Information Center of the South Dakota Department of Labor recently completed a study of employee benefits in South Dakota. After surveying about 1,700 employers, we have gained some valuable insight into the benefits offered by employers in our state. Below are a few highlights of the survey. Insurance Highlights More than half of the employers in South Dakota offer medical insurance. Of those offering medical insurance, nearly six out of 10 of them split the cost for single coverage with the employee; four in 10 pay the entire premium. After medical insurance, the most frequently offered insurances are life, dental, short-term disability and long-term disability, in that order. Seven out of 10 employers offering life insurance pay the entire cost of the premiums. Retirement Highlights Just less than half of South Dakota's employers offer a retirement plan. Of those, most either partially or fully fund the retirement plan that they offer. The most popular type of retirement plan offered is the Defined Contribution Plan, such as the 401K. Page 1 of 21

2 Paid Leave Highlights Paid vacation leave is the most frequently offered benefit in the state; 75 percent of employers offer it. On average, employers offer eight paid vacation days after one year of employment, 11 days after two years, and 13 days after five years. After paid vacation leave, the most frequently offered paid days off are for holidays, then sick leave. One-tenth of employers offer a consolidated leave plan, which combines all types of paid leave into one lump sum. General Highlights In general, the larger the employer the more likely a benefit will be offered. The offering of benefits varies greatly by industry as well. Full-time employees are much more likely to be offered benefits than part-time employees. Just because employers offer a benefit does not always mean their employees will choose to participate in it. Of course employee benefits typically come with a price tag, which employers need to consider when designing a benefits package. And sometimes all or some of a benefit's costs are passed on to the employees. For example, employers may choose to split the cost of health insurance premiums with their employees. Or some may offer family medical coverage, but do not contribute to the premiums for it. Other employers may offer and entirely fund a retirement plan. Striking a balance can be a challenge for many employers, but the perks that come with a job are a big factor to workers. In fact, the benefit package being offered is often the "deal maker or breaker" for an applicant deciding whether or not to accept a job offer. Likewise, a good benefits package often plays a big role in retaining a current employee who may otherwise consider seeking out other job opportunities. For more detailed information on employee benefits in South Dakota, please visit our website at simply click on the "Employee Benefits" option. Overview of the labor market in July Labor 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 83,350 in July 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. Labor Force This data is seasonally adjusted. South Dakota's preliminary seasonally adjusted unemployment rate was 4.4 percent in July, holding steady from the revised June rate. Nationally, the unemployment rate also remained stable in July 2010 at 9.5 percent. Although the unemployment rate remained stable at both state and national levels, the levels of employed and unemployed both declined over-the-month, bringing a corresponding drop in the size of the labor force. This is commonly referred to as labor force shrinkage, a common occurrence during recessionary times. While a quite widely watched indidcator of the current economy, over-the-month changes in labor force data can be variable and are subject to revision. Analysis of changes over longer time periods provides a more stable portrayal of labor force dynamics. South Dakota's unemployment rate of 4.4 percent was down from 4.9 percent in July However, two years prior when the state was enjoying a healthier economy, the unemployment rate was just 3.1 percent. Page 2 of 21

3 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. Labor force estimates for South Dakota are produced by the Labor Market Information Center in cooperation with the U.S. Bureau of Labor 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. 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 where employment data is collected for the pay periods that occur during the 12th of the month, preliminary estimates show the level of nonfarm wage and salaried workers decreased by 3,100 (or 0.7 percent) from June 2010 to July The seasonal loss was quite mild compared to previous years and indicates a still recovering South Dakota economy, even with continuing census worker losses. Private and public education services produced a combined seasonal loss of 6,000 workers as a result of work study students and school staff moving off of educational institution payrolls for the summer. Mining, logging and construction showed an 800 worker (or 3.5 percent) seasonal gain, which is well within average historical patterns derived from previous June to July employment level changes. Leisure and hospitality showed a seasonal worker gain of 600 workers (or 1.3 percent), as those businesses catering to travelers welcomed a new tourist season. Over-the-year comparisons Based on a monthly survey of South Dakota establishments, preliminary estimates show total nonfarm wage and salaried workers increased by 1,500 (or 0.4 percent) from July 2009 to July The industries with the larger over-the-year gains include professional and business services (1,700 jobs or 6.3 percent), manufacturing (1,200 workers or 3.3 percent) and wholesale trade (800 workers or 4.3 percent). Total government gained 600 workers (or 0.8 percent), even though state government showed a 600 worker (or 3.5 percent) loss. Industries with the larger over-the-year losses include mining, logging and construction (1,800 workers or 7.1 percent) and financial activities (1,700 workers or 5.6 percent). Page 3 of 21

4 Labor Day 2010 Who are we celebrating? Why do we celebrate? The first observance of Labor Day is believed to have been a parade of 10,000 workers on September 5, 1882, in New York City, organized by Peter J. McGuire, a Carpenters and Joiners Union secretary. By 1893, more than half the states were observing a "Labor Day" on one day or another, and Congress passed a bill to establish a federal holiday in President Grover Cleveland signed the bill soon afterward, designating the first Monday in September as Labor Day. There are currently about 443,000 South Dakotans in the labor force, meaning they are either employed or actively looking for work. Nationally, there are 1.53 million in the labor force. That's a lot to celebrate! About 72.5 percent of South Dakotans participate in the labor force. That is significantly higher than the nation, where just 59.3 percent of the population participates in the labor force. In South Dakota, the labor force participation rate is 76.7 percent for men and 68.3 percent for women. The Midwest states, along with Alaska, Connecticut, Vermont, Virginia and both Washington state and Washington D.C. had the highest labor force participation rates in In fact, South Dakota topped the list, with North Dakota having the next highest labor force participation rate at 72.4 percent. (Source: Geographic Profile of Employment and Unemployment, 2009, U.S. Bureau of Labor Statistics.) Now that is really something to celebrate! What do we do on the job? South Dakotans are employed in a full range of occupations, from nurses and truck drivers to financial planners and general managers. Here are some of South Dakota's largest occupations, based on estimated employment levels in May Occupational Title Employment Retail Salespersons 14,550 Cashiers 11,670 Registered Nurses 10,530 Customer Service Representatives 9,270 Bookkeeping Accounting and Auditing Clerks 8,470 Janitors and Cleaners, except Maids and Housekeeping Cleaners 8,340 Waiters and Waitresses 7,660 Combined Food Preparation and Serving Workers, including Fast Food 7,230 Laborers and Freight Stock and Material Movers Hand 7,160 Truck Drivers Heavy and Tractor-Trailer 7,130 Nursing Aides Orderlies and Attendants 5,920 Secretaries, except Legal Medical and Executive 5,330 Stock Clerks and Order Fillers 5,250 Receptionists and Information Clerks 4,760 Bill and Account Collectors 4,630 (table continued on next page) Page 4 of 21

5 Occupational Title Employment Sales Representatives Wholesale and Manufacturing, except Technical and Scientific Products 4,430 Teacher Assistants 4,340 Food Preparation Workers 4,280 Carpenters 4,120 Elementary School Teachers, except Special Education 4,010 Accountants and Auditors 3,970 On the Road Again South Dakotans, on average, spend about 16.2 minutes traveling to work. Nationally, the mean travel time to work is 25.3 minutes. (Mean travel time to work, in minutes, American Fact Finder, U.S. Census Bureau.) Bringing Home the Bacon Average annual pay of South Dakotans in 2009 was $33,347. (Source: Quarterly Census of Employment and Wages, Labor Market Information Center, SD Department of Labor.) Let Us Help! These are just a few examples of the types of information available from the Labor Market Information Center. Did something pique your interest? Give us a call at any time we can help by providing information, or just satisfy your curiosity! Page 5 of 21

6 South Dakota Nonfarm Worker Levels Last Month Last Year Industries July 2010 June 2010 July 2009 TOTAL 410, , , Total Private 334, , , Goods Producing 61,600 60,600 62, Service Providing 348, , , Private Service Providing 273, , , Mining/Logging/Const 23,500 22,700 25, Manufacturing 38,100 37,900 36, Trade Trans/Util 82,400 82,300 81, Wholesale Trade 19,300 19,300 18, Retail Trade 50,100 50,100 50, Trans/Warehsing/Util 13,000 12,900 12, Information 6,800 6,800 6, Financial Activities 28,900 28,800 30, Prof Bus Services 28,700 28,700 27, Education/Health Svc 63,000 63,500 62, Educational Services 5,800 6,700 6, Hlth Care/Soc Assist 57,200 56,800 56, Leisure/Hospitality 47,100 46,500 47, Other Services 16,400 16,200 15, Government 75,400 80,000 74, Federal 12,400 12,700 11, State 16,700 16,700 17, State Education 7,100 7,100 7, Local 46,300 50,600 45, Local Education 20,300 25,400 20, data is preliminary and subject to revision. Data may not sum to totals because of rounding. Produced in cooperation with the US Bureau of Labor Statistics. Page 6 of 21

7 Rapid City Metropolitan Statistical Area Nonfarm Worker Levels Industries July 2010 June 2010 July 2009 Last Month Last Year Rapid City MSA Total 63,200 63,200 62, Total Private 53,400 52,100 53, Goods Producing 7,200 7,100 7, Service-Providing 56,000 56,100 55, Private Service Providing 46,200 45,000 45, Natural Resources/Mining/Construction 4,700 4,600 5, Manufacturing 2,500 2,500 2, Trade/Transportation/Utilities 13,500 13,300 13, Wholesale Trade 2,200 2,200 2, Retail Trade 9,200 9,100 9, Transportation/Warehousing/Utilities 2,100 2,000 2, Information 1,100 1,000 1, Financial Activities 3,600 3,600 3, Professional/Business Services 5,100 4,900 4, Educational/Health Services 9,600 9,600 9, Leisure/Hospitality 10,500 9,800 10, Other Services 2,800 2,800 2, Government 9,800 11,100 9, data is preliminary and subject to revision. Data may not sum to totals because of rounding. Seasonally adjusted nonfarm data has been revised for years Produced in cooperation with the US Bureau of Labor Statistics. Page 7 of 21

8 Sioux Falls Metropolitan Statistical Area Nonfarm Worker Levels Industries July 2010 June 2010 July 2009 Last Month Last Year Sioux Falls MSA Total 133, , , Total Private 122, , , Goods Producing 19,800 19,300 20, Service-Providing 114, , , Private Service Providing 102, , , Natural Resources/Mining/Construction 7,500 7,200 8, Manufacturing 12,300 12,100 12, Trade/Transportation/Utilities 28,400 28,300 28, Wholesale Trade 7,000 6,900 6, Retail Trade 16,400 16,400 16, Transportation/Warehousing/Utilities 5,000 5,000 4, Information 3,100 3,100 3, Financial Activities 15,400 15,700 16, Professional/Business Services 11,600 11,300 10, Educational/Health Services 25,600 26,000 25, Leisure/Hospitality 13,400 13,400 13, Other Services 4,800 4,800 4, Government 11,800 13,700 11, data is preliminary and subject to revision. Data may not sum to totals because of rounding. Not seasonally adjusted nonfarm data has been revised for years 2008 and Produced in cooperation with the US Bureau of Labor Statistics. Page 8 of 21

9 South Dakota Statistical Areas Nonfarm Worker Levels Areas July 2010 July 2009 Aberdeen MiSA 22,640 22,480 Brookings MiSA 17,130 17,345 Huron MiSA 8,660 8,585 Mitchell MiSA 13,115 13,010 Pierre MiSA 12,750 12,485 Spearfish MiSA 12,580 12,355 Vermillion MiSA 6,510 6,495 Watertown MiSA 17,550 17,295 Yankton MiSA 12,955 13,310 Rapid City MSA 63,200 62,800 Sioux Falls MSA 133, ,400 Dewey-Ziebach LMA 2,770 2,855 Aurora County Bennett County Bon Homme County 2,040 2,040 Brule County 2,470 2,435 Buffalo County Butte County 2,865 2,810 Campbell County Charles Mix County 3,740 3,785 Clark County Corson County Custer County 3,510 3,550 Day County 2,100 2,130 Deuel County 1,685 1,745 Douglas County 1,240 1,165 Fall River County 2,935 2,935 Faulk County Grant County 3,910 3,820 Gregory County 1,555 1,495 Haakon County Hand County 1,340 1,335 Harding County Hutchinson County 2,825 2,780 Hyde County Jackson County Jerauld County 1,500 1,415 Jones County Kingsbury County 1,780 1,815 Lake County 4,655 4,660 Lyman County 1,670 1,635 McPherson County Marshall County 1,460 1,490 Mellette County Miner County Moody County 2,175 2,225 Perkins County 1,180 1,185 Potter County Roberts County 3,520 3,440 Page 9 of 21

10 Sanborn County Shannon County 4,275 4,420 Spink County 2,565 2,555 Sully County Todd County 3,385 3,305 Tripp County 2,230 2,220 Union County 8,905 9,055 Walworth County 2,450 2, data is preliminary and subject to revision. Data may not sum to totals because of rounding. Not seasonally adjusted nonfarm data has been revised for years 2008 and Seasonally adjusted nonfarm data has been revised for years Page 10 of 21

11 South Dakota Labor Supply July 2010 South Dakota 83,350 Ziebach County 335 Rapid City MSA 13,085 Hanson County 190 Sioux Falls MSA 23,310 Harding County 85 Aurora County 200 Hughes County 1,805 Beadle County 1,475 Hutchinson County 445 Bennett County 485 Hyde County 100 Bon Homme County 470 Jackson County 475 Brookings County 3,120 Jerauld County 210 Brown County 3,390 Jones County 110 Brule County 470 Kingsbury County 355 Buffalo County 500 Lake County 895 Butte County 690 Lawrence County 2,680 Campbell County 85 Lyman County 505 Charles Mix County 825 McPherson County 175 Clark County 230 Marshall County 315 Clay County 1,670 Mellette County 205 Codington County 2,625 Miner County 160 Corson County 495 Moody County 625 Custer County 1,395 Perkins County 205 Davison County 2,145 Potter County 170 Day County 475 Roberts County 1,110 Deuel County 330 Sanborn County 160 Dewey County 1,235 Shannon County 3,050 Douglas County 190 Spink County 505 Edmunds County 265 Stanley County 295 Fall River County 725 Sully County 115 Faulk County 140 Todd County 1,515 Grant County 620 Tripp County 440 Gregory County 290 Union County 1,745 Haakon County 110 Walworth County 500 Hamlin County 405 Yankton County 2,190 Hand County 230 Page 11 of 21

12 United States & South Dakota Seasonally Adjusted Labor Force July 2010* Areas Labor Force Employment Unemployment Rate Labor Force Employment Unemployment Rate United States 153,560, ,960,000 14,599, % 154,351, ,817,000 14,534, % South Dakota 443, ,400 19, % 446, ,500 21, % July 2009 Produced in cooperation with the US Bureau of Labor Statistics. Page 12 of 21

13 South Dakota & Counties Not Seasonally Adjusted Labor Force July 2010 Areas Labor Force Employment Unemployment Rate Labor Force Employment Unemployment Rate SOUTH DAKOTA 453, ,325 19, , ,020 20, Aurora County 1,665 1, ,605 1, Beadle County 9,955 9, ,010 9, Bennett County 1,475 1, ,390 1, Bon Homme County 3,245 3, ,275 3, Brookings County 18,045 17, ,425 17, Brown County 21,550 20, ,510 20, Brule County 3,000 2, ,960 2, Buffalo County Butte County 5,500 5, ,490 5, Campbell County Charles Mix County 4,355 4, ,460 4, Clark County 1,840 1, ,865 1, Clay County 7,180 6, ,290 6, Codington County 16,295 15, ,975 15,805 1, Corson County 1,430 1, ,420 1, Custer County 5,955 5, ,130 5, Davison County 11,440 11, ,540 11, Day County 2,960 2, ,070 2, Deuel County 2,735 2, ,865 2, Dewey County 3,155 2, ,135 2, Douglas County 1,880 1, ,855 1, Edmunds County 2,090 2, ,090 2, Fall River County 4,020 3, ,095 3, Faulk County 1,130 1, ,165 1, Grant County 4,310 4, ,310 4, Gregory County 2,405 2, ,475 2, Haakon County 1,165 1, ,195 1, Hamlin County 2,940 2, ,000 2, Hand County 2,010 1, ,040 1, Hanson County 2,015 1, ,995 1, Harding County Hughes County 10,955 10, ,875 10, Hutchinson County 3,925 3, ,985 3, Hyde County Jackson County 1,470 1, ,515 1, Jerauld County 1,475 1, ,440 1, Jones County Kingsbury County 2,985 2, ,180 3, Lake County 6,505 6, ,615 6, Lawrence County 14,045 13, ,045 13, Lincoln County 22,095 21, ,100 21, Lyman County 2,165 2, ,185 2, McCook County 2,725 2, ,720 2, McPherson County 1,175 1, ,205 1, Marshall County 2,145 2, ,205 2, Meade County 12,885 12, ,740 12, July 2009 Page 13 of 21

14 Mellette County Miner County 1,265 1, ,275 1, Minnehaha County 100,945 96,490 4, ,050 96,440 4, Moody County 4,020 3, ,090 3, Pennington County 57,120 54,885 2, ,085 54,700 2, Perkins County 1,645 1, ,730 1, Potter County 1,370 1, ,395 1, Roberts County 4,815 4, ,820 4, Sanborn County 1,430 1, ,480 1, Shannon County 4,290 3, ,210 3, Spink County 3,565 3, ,585 3, Stanley County 2,020 1, ,000 1, Sully County 1,085 1, ,115 1, Todd County 3,880 3, ,710 3, Tripp County 3,025 2, ,075 2, Turner County 4,225 4, ,245 4, Union County 8,065 7, ,400 7, Walworth County 2,820 2, ,825 2, Yankton County 12,180 11, ,680 12, Ziebach County 1, The South Dakota labor force statistics are produced by the LMIC in cooperation with the U.S. Bureau of Labor Statistics. Produced in cooperation with the US Bureau of Labor Statistics. Page 14 of 21

15 South Dakota Areas Not Seasonally Adjusted Labor Force July 2010* Areas Labor Force Employment Unemployment Rate Labor Force Employment Unemployment Rate Rapid City MSA 70,005 67,165 2, ,825 66,940 2, Sioux Falls MSA 129, ,380 5, , ,310 5, Aberdeen MiSA 23,640 22, ,595 22, Brookings MiSA 18,045 17, ,425 17, Huron MiSA 9,955 9, ,010 9, Mitchell MiSA 13,455 12, ,535 12, Pierre MiSA 12,975 12, ,875 12, Spearfish MiSA 14,045 13, ,045 13, Vermillion MiSA 7,180 6, ,290 6, Watertown MiSA 19,235 18, ,975 18,650 1, Yankton MiSA 12,180 11, ,680 12, Dewey-Ziebach LMA 4,155 3, ,125 3, July 2009 The South Dakota labor force statistics are produced by the LMIC in cooperation with the U.S. Bureau of Labor Statistics. Statewide and Substate Labor Force data for years has been revised. Produced in cooperation with the US Bureau of Labor Statistics. Page 15 of 21

16 South Dakota Cities Not Seasonally Adjusted Labor Force July 2010* Areas Labor Force Employment Unemployment Rate Aberdeen City 15,125 14, % Brookings City 12,155 11, % Huron City 7,070 6, % Mitchell City 9,065 8, % Pierre City 9,185 8, % Rapid City City 37,845 36,120 1, % Sioux Falls City 87,920 83,835 4, % Sioux Falls City - Lincoln 7,580 7, % Sioux Falls City - Minnehaha 80,340 76,620 3, % Spearfish City 6,030 5, % Vermillion City 5,635 5, % Watertown City 12,850 12, % Yankton City 7,935 7, % *Data is preliminary and subject to revision. Data may not sum to totals because of rounding. Produced in cooperation with the US Bureau of Labor Statistics. Page 16 of 21

17 South Dakota Annualized Pay of Covered Workers January 2009 to December 2009* Statewide $33,348 Hutchinson County $25,960 Rapid City MSA $32,819 Hyde County $28,326 Sioux Falls MSA $37,548 Jackson County $23,974 Aurora County $25,645 Jerauld County $28,200 Beadle County $30,997 Jones County $21,958 Bennett County $24,181 Kingsbury County $28,955 Bon Homme County $25,389 Lake County $28,930 Brookings County $33,780 Lawrence County $27,878 Brown County $32,991 Lincoln County $36,718 Brule County $24,326 Lyman County $23,920 Buffalo County $35,913 McCook County $24,605 Butte County $26,115 McPherson County $24,092 Campbell County $23,414 Marshall County $27,362 Charles Mix County $25,927 Meade County $32,256 Clark County $25,848 Mellette County $22,690 Clay County $30,269 Miner County $26,431 Codington County $31,354 Minnehaha County $37,801 Corson County $28,188 Moody County $32,024 Custer County $27,293 Pennington County $32,893 Davison County $30,281 Perkins County $23,861 Day County $23,576 Potter County $27,393 Deuel County $33,473 Roberts County $26,343 Dewey County $29,711 Sanborn County $26,468 Douglas County $26,467 Shannon County $33,275 Edmunds County $28,793 Spink County $28,220 Fall River County $29,652 Stanley County $25,720 Faulk County $26,425 Sully County $27,049 Grant County $31,261 Todd County $30,086 Gregory County $23,752 Tripp County $26,181 Haakon County $26,124 Turner County $37,307 Hamlin County $27,537 Union County $39,027 Hand County $25,988 Walworth County $25,417 Hanson County $27,782 Yankton County $32,077 Harding County $29,963 Ziebach County $29,330 Hughes County $34,814 *This data is updated quarterly. Page 17 of 21

18 South Dakota Local Office Activities July June 2010 July June 2009 Last Year Activities Job Seekers 95,194 87, % Entered Employments 28,528 26, % Job Openings Received 59,688 70, % Page 18 of 21

19 South Dakota Department of Labor Unemployment Insurance Activities July 2010 June 2010 July 2009 Last Month Last Year Unemployment Insurance Activities Initial Claims 1,718 1,821 2, % -22.8% Weeks Claimed 14,453 13,806 21, % -31.6% Amount of Benefit Payments $2,628,866 $3,221,421 $4,317, % -39.1% Unemployment Trust Fund Balance $18,725,150 $15,939,580 $8,540, % 119.2% Page 19 of 21

20 Unemployment Insurance Weeks Claimed South Dakota Residents By County July 2010 Aurora 6 Fall River 79 Marshall 52 Beadle 171 Faulk 4 Meade 489 Bennett 56 Grant 48 Mellette 51 Bon Homme 64 Gregory 6 Miner 76 Brookings 561 Haakon 4 Minnehaha 4076 Brown 462 Hamlin 70 Moody 131 Brule 39 Hand 27 Pennington 1756 Buffalo 99 Hanson 52 Perkins 35 Butte 153 Harding 10 Potter 14 Campbell 19 Hughes 184 Roberts 185 Charles Mix 114 Hutchinson 47 Sanborn 16 Clark 19 Hyde 18 Shannon 447 Clay 211 Jackson 24 Spink 35 Codington 443 Jerauld 6 Stanley 31 Corson 114 Jones 9 Sully 5 Custer 102 Kingsbury 80 Todd 321 Davison 222 Lake 300 Tripp 51 Day 154 Lawrence 411 Turner 107 Deuel 54 Lincoln 580 Union 286 Dewey 280 Lyman 117 Walworth 86 Douglas 42 McCook 62 Yankton 382 Edmunds 24 McPherson 22 Ziebach 65 Page 20 of 21

21 National Economic Indicators July 2010 June 2010 July 2009 Last Month Last Year Consumer Price Index % 1.2% Nonfarm Payroll Employment % 0.0% Privately Owned Housing Starts % -25.4% Bank Prime Loan Rate % 0.0% Page 21 of 21