© Copyright 2004 by the
Wyoming Department of Employment, Research & Planning
WYOMING LABOR FORCE TRENDS
Vol. 41 No. 7
Economic Indicators
by: David
Bullard, Senior Economist
The Baker Hughes rig count for Wyoming increased 39.6 percent from a year earlier, indicating a dramatic rise in oil & gas activity in the state.
May | Apr | May | Percent Change | |||
2004 | 2004 | 2003 | Month | Year | ||
______(p)_ | ______(r)_ | _____(b)_ | _____ | _____ | ||
Wyoming Total Civilian Labor Force | 277,044 | 276,523 | 276,312 | 0.2 | 0.3 | |
Unemployed | 9,947 | 10,151 | 12,047 | -2.0 | -17.4 | |
Employed | 267,097 | 266,372 | 264,265 | 0.3 | 1.1 | |
Wyoming Unemployment Rate/Seas. Adj. | 3.6%/3.7% | 3.7%/3.4% | 4.4%/4.4% | N/A | N/A | |
U.S. Unemployment Rate/Seas. Adj. | 5.3%/5.6% | 5.4%/5.6% | 5.8%/6.1% | N/A | N/A | |
U.S. Multiple Jobholders | 7,258,000 | 7,239,000 | 7,338,000 | 0.3 | -1.1 | |
As a percent of all workers | 5.2% | 5.2% | 5.3% | N/A | N/A | |
U.S. Discouraged Workers | 476,000 | 492,000 | 482,000 | -3.3 | -1.2 | |
U.S. Part Time for Economic Reasons | 4,427,000 | 4,411,000 | 4,409,000 | 0.4 | 0.4 | |
Hours & Earnings for Production Workers | ||||||
Wyoming Mining | ||||||
Average Weekly Earnings | $1,004.99 | $1,017.91 | $950.46 | -1.3 | 5.7 | |
Average Weekly Hours | 43.3 | 43.8 | 43.4 | -1.1 | -0.2 | |
U.S. Mining Hours & Earnings | ||||||
Average Weekly Earnings | $830.78 | $830.65 | $794.70 | 0.0 | 4.5 | |
Average Weekly Hours | 45.2 | 44.9 | 45.0 | 0.7 | 0.4 | |
Wyoming Manufacturing Hours & Earnings | ||||||
Average Weekly Earnings | $637.60 | $633.22 | $696.65 | 0.7 | -8.5 | |
Average Weekly Hours | 39.9 | 39.8 | 41.1 | 0.3 | -2.9 | |
U.S. Manufacturing Hours & Earnings | ||||||
Average Weekly Earnings | $658.42 | $652.04 | $628.73 | 1.0 | 4.7 | |
Average Weekly Hours | 41.1 | 40.6 | 40.2 | 1.2 | 2.2 | |
Wyoming Unemployment Insurance | ||||||
Weeks Compensated | 12,715 | 15,764 | 15,771 | -19.3 | -19.4 | |
Benefits Paid | $2,963,576 | $3,664,823 | $3,624,938 | -19.1 | -18.2 | |
Average Weekly Benefit Payment | $233.08 | $232.48 | $229.85 | 0.3 | 1.4 | |
State Insured Covered Jobs | 234,488 | 226,787 | 229,590 | 3.4 | 2.1 | |
Insured Unemployment Rate | 1.6% | 1.8% | 1.9% | N/A | N/A | |
Consumer Price Index (U) for All U.S. Urban Consumers | ||||||
(1982 to 1984 = 100) - All Items | 189.1 | 188.0 | 183.5 | 0.6 | 3.1 | |
Food & Beverages | 186.5 | 185.0 | 179.4 | 0.8 | 4.0 | |
Housing | 188.9 | 188.4 | 184.5 | 0.3 | 2.4 | |
Apparel | 123.4 | 124.3 | 122.5 | -0.7 | 0.7 | |
Transportation | 165.2 | 161.8 | 157.2 | 2.1 | 5.1 | |
Medical Care | 309.0 | 308.3 | 295.5 | 0.2 | 4.6 | |
Recreation (Apr. 1997=100) | 108.8 | 109.0 | 107.6 | -0.2 | 1.1 | |
Education & Communication (Apr. 1997=100) | 110.6 | 110.9 | 108.6 | -0.3 | 1.8 | |
Other Goods & Services | 303.8 | 303.6 | 298.1 | 0.1 | 1.9 | |
Producer Prices (1982 to 1984 = 100) - All Commodities | 146.6 | 144.5 | 136.7 | 1.5 | 7.2 | |
Wyoming Building Permits | ||||||
(New Privately Owned Housing Units Authorized) | ||||||
Total Units | 296 | 269 | 235 | 10.0 | 26.0 | |
Valuation | $42,622,000 | $48,589,000 | $38,549,000 | -12.3 | 10.6 | |
Single Family Homes | 254 | 228 | 181 | 11 | 40.3 | |
Valuation | $39,326,000 | $45,501,000 | $31,818,000 | -13.6 | 23.6 | |
Baker Hughes North American Rotary Rig Count for Wyoming | 67 | 61 | 48 | 9.8 | 39.6 | |
(p) Preliminary. (r) Revised. (b) Benchmarked. |
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