Economic Indicators

© Copyright 2004 by the Wyoming Department of Employment, Research & Planning
WYOMING LABOR FORCE TRENDS
Vol. 41 No. 4

The Baker Hughes rig county for Wyoming increased 56.1 percent from a year earlier.


	Feb	Jan	Feb	Percent Change
	2004	2004	2003	Month	Year
	______(p)_	______(r)_	_____(b)_	_____	_____
Wyoming Total Civilian Labor Force	273,979	272,821	271,052	0.4	1.1
Unemployed	12,585	13,411	15,040	-6.2	-16.3
Employed	261,394	259,410	256,012	0.8	2.1
Wyoming Unemployment Rate/Seas. Adj.	4.6%/3.5%	4.9%/3.9%	5.5%/4.5%	N/A	N/A
U.S. Unemployment Rate/Seas. Adj.	6.0%/5.6%	6.3%/5.6%	6.4%/5.9%	N/A	N/A
U.S. Multiple Jobholders	7,235,000	7,123,000	7,620,000	1.6	-5.1
As a percent of all workers	5.3%	5.2%	5.6%	N/A	N/A
U.S. Discouraged Workers	484,000	432,000	450,000	12.0	7.6
U.S. Part Time for Economic Reasons	4,764,000	5,270,000	5,061,000	-9.6	-5.9

Hours & Earnings for Production Workers
Wyoming Mining
Average Weekly Earnings	$945.41	$984.10	$953.97	-3.9	-0.9
Average Weekly Hours	42.3	42.4	43.7	-0.2	-3.2
U.S. Mining Hours & Earnings
Average Weekly Earnings	$813.20	$821.98	$769.99	-1.1	5.6
Average Weekly Hours	44.1	44.6	43.7	-1.1	0.9
Wyoming Manufacturing Hours & Earnings
Average Weekly Earnings	$558.67	$576.58	$745.20	-3.1	-25.0
Average Weekly Hours	34.7	35.2	40.5	-1.4	-14.3
U.S. Manufacturing Hours & Earnings
Average Weekly Earnings	$650.39	$650.39	$626.36	0.0	3.8
Average Weekly Hours	40.7	40.7	40.1	0.0	1.5

Wyoming Unemployment Insurance
Weeks Compensated	20,879	21,155	23,866	-1.3	-12.5
Benefits Paid	$4,900,592	$4,981,712	$5,548,822	-1.6	-11.7
Average Weekly Benefit Payment	$234.71	$235.49	$232.50	-0.3	1.0
State Insured Covered Jobs	221,959	221,965	217,317	0.0	2.1
Insured Unemployment Rate	2.5%	2.5%	2.9%	N/A	N/A

Consumer Price Index (U) for All U.S. Urban Consumers
(1982 to 1984 = 100)
All Items	186.2	185.2	183.1	0.5	1.7
Food & Beverages	184.5	184.3	178.9	0.1	3.1
Housing	187.0	186.3	183.2	0.4	2.1
Apparel	118.6	115.8	120.6	2.4	-1.7
Transportation	158.8	157.0	158.9	1.1	-0.1
Medical Care	306.0	303.6	293.7	0.8	4.2
Recreation (Apr. 1997=100)	108.4	107.9	107.2	0.5	1.1
Education & Communication (Apr. 1997=100)	111.2	111.1	109.7	0.1	1.4
Other Goods & Services	302.3	301.4	297.5	0.3	1.6

Producer Prices (1982 to 1984 = 100)
All Commodities	141.8	143.0	137.6	-0.8	3.1

Wyoming Building Permits
(New Privately Owned Housing Units Authorized)
Total Units	140	134	105	4.5	33.3
Valuation	$22,744,000	$23,333,000	$16,466,000	-2.5	38.1
Single Family Homes	135	72	88	88	53.4
Valuation	$21,781,000	$15,462,000	$15,536,000	40.9	40.2

Baker Hughes North American Rotary Rig Count for Wyoming	64	69	41	-7.2	56.1


(p) Preliminary. (r) Revised. (b) Benchmarked.