© Copyright 2006 by the Wyoming Department of Employment, Research & Planning
Vol. 43 No. 7
Wyoming’s seasonally adjusted unemployment rate increased from 3.2% in April to 3.7% in May, but remained slightly lower than the May 2005 rate of 3.8%. Higher unemployment may reflect more people joining the labor force and starting to look for work, rather than job losses in the state. The U.S. unemployment rate decreased slightly, falling from 4.7% in April to 4.6% in May. Wyoming job growth continued as 9,100 jobs were created compared to May 2005 (an increase of 3.4%).
From April to May, Wyoming added 6,800 jobs (or 2.6%). Seasonal job gains were seen in Construction (1,500 jobs or 7.3%), Retail Trade (800 jobs or 2.7%), Professional & Business Services (500 jobs or 3.1%), Educational & Health Services (400 jobs or 1.8%), Leisure & Hospitality (2,000 jobs or 6.7%), and Government (900 jobs or 1.3%).
From May 2005, Wyoming gained 9,100 jobs or 3.4%. High energy prices continued to drive growth in Wyoming’s Natural Resources & Mining sector which added 3,200 jobs or 14.5%. Job growth was seen across every sector, but was strongest in Wholesale Trade (400 jobs or 5.2%), Professional & Business Services (800 jobs or 5.0%), Construction (1,000 jobs or 4.8%), and Transportation & Utilities (600 jobs or 4.8%).
Across Wyoming’s 23 counties, most unemployment rates changed little from April to May. Sublette County posted the lowest unemployment rate (1.9%) followed by Campbell County (2.6%). The highest unemployment rate was found in Goshen County (4.6%).
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by Phil Ellsworth.