Document Type

Newsletter

Publication Date

4-2009

Issue

Number 2, 2009

Description

South Dakota leaders continue to emphasize the importance of economic development. One aspect of assessing economic development is private industry growth. The South Dakota Chamber of Commerce states:
Economic development is not a choice but rather a necessity. Economies that are advancing create jobs with higher pay, offer people amenities and necessities, and provide the tax base for schools, infrastructure, and law enforcement plus many of the intangibles known as “quality of life.” (South Dakota Chamber of Commerce 2006). Private sector jobs make up a large percentage of South Dakota’s jobs. Capitalistic economies, like the United States’, depend on the private sector. The taxes paid by private sectors provide better services for all citizens (Stover, Lichty, and Stover 1999). We used Quarterly Workforce Indicator (QWI) data produced by the Census Bureau to assess the most current private sector figures and trends. Data for this report were obtained at http://lehd.did.census.gov/led/datatools/qwiapp.html. These data also give us insight into both where South Dakota’s private sector growth is occurring and where private sector growth lags.

Pages

6

Format

application/pdf

Publisher

South Dakota State University

Language

en

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