Unemployment Rate

Neel Kashkari: The Unemployment Rate

May 18, 2020

In The Moment … May 18, 2020 Show 819 Hour 1

The recent release of the April jobs report put the nation's unemployment rate at 14.7% and showed a loss of 20.5 million jobs during the month. Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, fears that the unemployment rate is understated and that the real number is much more devastating. Neel Kashkari was a virtual guest for last week's Morning Fill Up hosted by Matt Ehlman of the Numad Group. 

Unemployment Claims Jump

Mar 26, 2020

In The Moment ... March 26, 2020 Show 782 Hour 1

SDPB brings you the latest on coronavirus in South Dakota. You can find all our reporting on the website SDPB.org/covid. Today we look at South Dakotans out of work. SDPB's Seth Tupper joins us with more.

Measuring Unemployment in South Dakota

Jul 24, 2019
South Dakota Department of Labor & Regulation

The unemployment rate is the most common number measurement of a healthy job market, and employers also use it to determine the number of available workers.  But officials at the South Dakota Department of Labor say that number does not tell the whole story.

Marcia Hultman is the Cabinet Secretary for the South Dakota Department of Labor and Regulation.  She says unemployment involves more than one number, and there is a big misconception about what the unemployment rate measures.