South Dakota has the lowest unemployment rate in the nation

South Dakota currently boasts the lowest unemployment rate in the nation. According to data recently released by the Federal US Bureau of Labor Statistics, South Dakota’s unemployment rate dipped slightly in June, down to two percent. Taht is the lowest unemployment rate in the nation and an improvement of .1 perecnt from May. The nation’s unemployment rate at large also declined slightly June, down from 4.3 percent to 4.2 percent. According to the Bureau of Labor Statistics, South Dakota’s low unemployment rate is largely due to a resilient, diversified economy with a high rate of people holding multiple jobs and a business-friendly tax climate.