Covered Employment and Wages for Second Quarter 2000, Part 2: North American Industry Classification System (NAICS)
by: Mike Evans, BLS Program Supervisor
"The largest gains occurred in the Mining sector with 1,339 (8.8%) more jobs than the previous year, because of the increase in oil and natural gas prices."
The most recent employment data for Wyoming are listed below by North American Industry Classification System (NAICS) sector. The production-oriented focus of NAICS reinterprets the employment structure of the economy to the point where straight comparisons between NAICS and SIC are difficult.1 For the next year, we will publish both the NAICS and SIC employment levels to enable readers to cross-reference and adapt to the new classification system. The slight differences in total employment, payroll, and wage between NAICS and SIC are due to a time lag between data collection and revisions to the databases.
Average monthly employment in Wyoming continued growing fast in 2000,2 increasing by 5,709 jobs (2.5%) in the second quarter of 2000 compared with the second quarter of 1999. Total payroll grew 7.3 percent, and average weekly wage grew 4.6 percent (see the Table)3. Job growth was especially robust in the Private sector, which added 4,709 jobs (2.8%), while the Government sector added only 1,000 jobs. Federal Government increased 10.0 percent in employment (716 jobs) due to the collection of the decennial census; however, Federal average weekly wage actually declined by -0.4 percent over the previous year due to the lower paying jobs associated with the census.
The largest job gains occurred in the Mining sector with 1,339 (8.8%) more jobs than the previous year, because of the increase in oil and natural gas prices. Large increases in employment from the previous year continued to occur in Accommodations & Food Services (1,286 jobs), Construction (619 jobs), and Health & Social Assistance (942 jobs).
Employment actually increased (3.0%) in Manufacturing under the SIC system but decreased under NAICS (-5.3%). Finance, Insurance, & Real Estate (FIRE) increased (0.2%) under the SIC system, but Real Estate decreased under NAICS (-4.2%). Also, under NAICS, overall employment levels dropped considerably in the Retail Trade, Transportation, and Finance & Insurance sectors, while employment levels increased slightly in the Construction and Wholesale Trade sectors.
Gains in average weekly wage occurred in the Real Estate (12.3%), Manufacturing (8.7%), and Information (11.6%) sectors, while the Management sector declined (-18.6%).
1For example, industries formerly coded into the Services industry under the Standard Industrial Classification (SIC) system are now split among several different sectors under the North American Industry Classification System (NAICS). A complete breakdown of how SIC industries are distributed among NAICS sectors is included in the article by Mike Evans, "New Industrial Classification System Will Affect All Industry Statistics," Wyoming Labor Force Trends, October 2000, pp. 7-11.
2Mike Evans, "Covered Employment and Wages for First Quarter 2000, Part 2: North American Industry Classification System (NAICS)," Wyoming Labor Force Trends, October 2000, pp. 11-13.
3The employment, payroll, and wage differences between NAICS and SIC are due to a time lag between data collection and revisions to the databases.
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