"Labor Market Information (LMI) is an applied science; it is the systematic collection and analysis of data which describes and predicts the relationship between labor demand and supply." The States' Labor Market Information Review, ICESA, 1995, p. 7.
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Table 40: Wyoming Covered Employment, Total Wages, & Average Annual Wages in Finance & Insurance (NAICS 52), 2018 & 2019 | ||||||||||||
Average Monthly Employment | Total Wages | Average Annual Wage | ||||||||||
Change | Change | Change | ||||||||||
Ownership, Industry, and NAICSa Code | 2019 | 2018 | N | % | 2019 | 2018 | $ | % | 2019 | 2018 | $ | % |
Finance and insurance (52) - Private | 6,913 | 6,897 | 16 | 0.2 | $464,042,485 | $432,403,528 | $31,638,957 | 7.3 | $67,122 | $62,691 | $4,431 | 7.1 |
Credit intermediation and related activities (522) | 4,078 | 4,086 | -9 | -0.2 | $252,304,795 | $240,251,370 | $12,053,425 | 5.0 | $61,875 | $58,794 | $3,081 | 5.2 |
Depository credit intermediation (5221) | 3,601 | 3,583 | 18 | 0.5 | $218,761,967 | $207,561,675 | $11,200,292 | 5.4 | $60,750 | $57,934 | $2,817 | 4.9 |
Nondepository credit intermediation (5222) | 399 | 441 | -43 | -9.7 | $27,411,569 | $28,349,753 | -$938,184 | -3.3 | $68,758 | $64,237 | $4,520 | 7.0 |
Activities related to credit intermediation (5223) | 78 | 62 | 16 | 25.3 | $6,131,259 | $4,339,942 | $1,791,317 | 41.3 | $78,606 | $69,718 | $8,888 | 12.7 |
Securities, commodity contracts, investments (523) | 590 | 575 | 15 | 2.6 | $88,485,937 | $72,493,194 | $15,992,743 | 22.1 | $150,040 | $126,167 | $23,872 | 18.9 |
Securities and commodity contracts brokerage (5231) | 284 | 294 | -10 | -3.3 | $59,323,352 | $43,540,277 | $15,783,075 | 36.2 | $208,944 | $148,222 | $60,722 | 41.0 |
Other financial investment activities (5239) | 306 | 281 | 25 | 8.9 | $29,162,585 | $28,952,917 | $209,668 | 0.7 | $95,356 | $103,098 | -$7,742 | -7.5 |
Insurance carriers and related activities (524) | 2,214 | 2,203 | 10 | 0.5 | $117,874,505 | $113,258,211 | $4,616,294 | 4.1 | $53,251 | $51,403 | $1,847 | 3.6 |
Insurance carriers (5241) | 699 | 679 | 20 | 2.9 | $41,316,977 | $38,501,409 | $2,815,568 | 7.3 | $59,073 | $56,668 | $2,405 | 4.2 |
Insurance agencies and brokerages (5242) | 1,514 | 1,524 | -10 | -0.6 | $76,557,528 | $74,756,802 | $1,800,726 | 2.4 | $50,561 | $49,056 | $1,505 | 3.1 |
Funds, trusts, and other financial vehicles (525) | 32 | 33 | -1 | -2.0 | $5,377,248 | $6,400,753 | -$1,023,505 | -16.0 | $165,862 | $193,493 | -$27,631 | -14.3 |
Finance and insurance (52) - Federal Government | 28 | 28 | 0 | 1.2 | $2,341,410 | $2,394,127 | -$52,717 | -2.2 | $83,384 | $86,275 | -$2,891 | -3.4 |
Credit intermediation and related activities (522) | 28 | 28 | 0 | 1.2 | $2,341,410 | $2,394,127 | -$52,717 | -2.2 | $83,384 | $86,275 | -$2,891 | -3.4 |
Nondepository credit intermediation (5222) | 28 | 28 | 0 | 1.2 | $2,341,410 | $2,394,127 | -$52,717 | -2.2 | $83,384 | $86,275 | -$2,891 | -3.4 |
. | ||||||||||||
aNorth American Industry Classification System. | ||||||||||||
Source: Quarterly Census of Employment and Wages, developed through a cooperative program between Research & Planning and the U.S. Bureau of Labor Statistics. | ||||||||||||
Extract Date: May 2020. | ||||||||||||
Prepared by M. Moore, Research & Planning, WY DWS. Revised 5/7/20. |
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