State jobless rate holds steady at one of the lowest rates in the nation

PIERRE, SD (KELO.com) — South Dakota’s unemployment rate is holding rock steady at two-percent, while the nation’s jobless rate has climbed from 3 1/2-percent a year ago to 4.3-percent at the end of July.  The state’s two largest cities are also showing low rates that haven’t moved in the past year.  Rapid City comes in at two-percent, and Sioux Falls is at 1.8-percent.  Nationally, a quarter of a million more people hit the unemployment lines in July as compared to June.