© Copyright 2004 by the Wyoming Department of Employment, Research & Planning
WYOMING LABOR FORCE TRENDS
Vol. 41 No. 5

Employment Growth Continues in March
by: David Bullard, Senior Economist


Wyoming employment continued to grow at a healthy pace in March. The state added 4,500 jobs (1.9%) compared to March 2003. U.S. employment growth, though still low, picked up slightly in March (0.5%). Wyoming's seasonally adjusted unemployment rate fell from 3.5 percent in February to 3.4 percent in March. It remains well below its year-ago level of 4.5 percent and the U.S. rate of 5.7 percent.

From February to March, Wyoming added 800 jobs (0.3%). Seasonal job gains in Construction (400 jobs or 2.4%), Professional & Business Services (200 jobs or 1.4%), and Government (600 jobs or 0.9%) were partially offset by losses in Manufacturing (-200 jobs or -2.2%) and Natural Resources & Mining (-200 jobs or -1.0%).

From March 2003, Wyoming added 4,500 jobs (1.9%). Natural Resources & Mining (including oil & gas) grew by 1,700 jobs or 9.9 percent. Substantial job gains occurred in Construction (400 jobs or 2.4%), Financial Activities (500 jobs or 5.0%), Educational & Health Services (900 jobs or 4.4%), and Government (1,000 jobs or 1.6%). More modest employment growth was seen in Wholesale Trade (300 jobs or 4.4%) and Professional & Business Services (200 jobs or 1.4%). Job losses occurred in Information (-200 jobs or -4.8%) and Leisure & Hospitality (-400 jobs or -1.4%). Employment was unchanged in Retail Trade, Manufacturing, and Other Services.

Across Wyoming's 23 counties unemployment rates decreased or remained stable. From February to March, unemployment was unchanged in Sublette (2.5%) and Washakie (4.4%) counties. Large decreases were reported in Platte County (6.8% in February, 4.9% in March), Crook County (5.5% in February, 4.3% in March), and Converse County (5.2% in February, 4.0% in March). 

Substantial over-the-year employment growth was seen in Natrona (1,100), Campbell (683), Fremont (498), and Park (474)counties . It appears that employment fell slightly in Laramie County (-107) and Teton County (-90).

 

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