"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 4: Wyoming Covered Employment, Total Wages, & Average Annual Wage by Industry, 2022 & 2023 | |||||||||||||
Average Monthly Employment | Total Wages | Average Annual Wage | |||||||||||
Change | Change | Change | |||||||||||
NAICSa Code | Ownership and Industry | 2023 | 2022 | N | % | 2023 | 2022 | $ | % | 2023 | 2022 | $ | % |
0 | Ownership - Total | 278,582 | 272,220 | 6,362 | 2.3 | $16,454,261,479 | $15,331,339,418 | $1,122,922,061 | 7.3 | $59,064 | $56,320 | $2,745 | 4.9 |
0 | Ownership - Private | 213,364 | 208,232 | 5,132 | 2.5 | $12,571,525,196 | $11,705,877,557 | $865,647,639 | 7.4 | $58,921 | $56,216 | $2,705 | 4.8 |
11 | Agriculture | 2,750 | 2,662 | 89 | 3.3 | $115,410,002 | $111,010,951 | $4,399,051 | 4.0 | $41,961 | $41,709 | $252 | 0.6 |
21 | Mining, Including Oil & Gas | 17,079 | 16,297 | 782 | 4.8 | $1,785,850,182 | $1,623,912,124 | $161,938,058 | 10.0 | $104,566 | $99,645 | $4,920 | 4.9 |
211 | Oil & Gas Extraction | 2,321 | 2,221 | 100 | 4.5 | $324,321,888 | $294,585,163 | $29,736,725 | 10.1 | $139,729 | $132,617 | $7,112 | 5.4 |
212 | Mining, Except Oil & Gas | 7,743 | 7,577 | 167 | 2.2 | $816,844,226 | $766,441,463 | $50,402,763 | 6.6 | $105,491 | $101,158 | $4,333 | 4.3 |
213 | Support Activities For Mining | 7,014 | 6,499 | 516 | 7.9 | $644,684,068 | $562,885,498 | $81,798,570 | 14.5 | $91,908 | $86,612 | $5,296 | 6.1 |
23 | Construction | 22,330 | 21,261 | 1,069 | 5.0 | $1,501,982,333 | $1,324,268,883 | $177,713,450 | 13.4 | $67,262 | $62,287 | $4,976 | 8.0 |
31-33 | Manufacturing | 10,428 | 10,197 | 231 | 2.3 | $813,137,242 | $795,889,860 | $17,247,382 | 2.2 | $77,976 | $78,054 | -$78 | -0.1 |
42, 48-49, 22 | Wholesale Trade, Transportation, Warehousing, & Utilities | 20,475 | 19,948 | 528 | 2.6 | $1,525,228,707 | $1,412,264,740 | $112,963,967 | 8.0 | $74,491 | $70,799 | $3,692 | 5.2 |
44-45 | Retail Trade | 30,256 | 30,378 | -121 | -0.4 | $1,117,652,474 | $1,080,687,631 | $36,964,843 | 3.4 | $36,940 | $35,575 | $1,364 | 3.8 |
51 | Information | 3,178 | 3,112 | 66 | 2.1 | $230,090,952 | $216,875,974 | $13,214,978 | 6.1 | $72,405 | $69,685 | $2,720 | 3.9 |
52-53 | Financial Activities | 11,538 | 11,507 | 31 | 0.3 | $940,282,742 | $907,264,814 | $33,017,928 | 3.6 | $81,494 | $78,845 | $2,649 | 3.4 |
54-56 | Professional & Business Services | 21,679 | 20,701 | 977 | 4.7 | $1,701,102,316 | $1,525,824,739 | $175,277,577 | 11.5 | $78,469 | $73,707 | $4,762 | 6.5 |
61 | Educational Services | 2,289 | 2,102 | 187 | 8.9 | $99,290,228 | $86,267,395 | $13,022,833 | 15.1 | $43,372 | $41,034 | $2,338 | 5.7 |
62 | Health Care & Social Assistance | 25,821 | 25,476 | 346 | 1.4 | $1,340,290,606 | $1,286,735,627 | $53,554,979 | 4.2 | $51,907 | $50,508 | $1,398 | 2.8 |
71-72 | Leisure & Hospitality | 38,195 | 37,453 | 741 | 2.0 | $1,049,337,183 | $1,004,940,783 | $44,396,400 | 4.4 | $27,473 | $26,831 | $642 | 2.4 |
81 | Other Services, Except Public Administration | 7,291 | 7,072 | 220 | 3.1 | $346,322,539 | $322,856,553 | $23,465,986 | 7.3 | $47,497 | $45,655 | $1,842 | 4.0 |
99 | Unclassified | 54 | 67 | -14 | -20.3 | $5,547,690 | $7,077,483 | -$1,529,793 | -21.6 | $103,367 | $105,116 | -$1,750 | -1.7 |
Total Government | 65,218 | 63,988 | 1,230 | 1.9 | $3,882,734,543 | $3,625,461,861 | $257,272,682 | 7.1 | $59,535 | $56,658 | $2,876 | 5.1 | |
Federal Government | 7,871 | 7,565 | 306 | 4.0 | $652,842,494 | $588,131,562 | $64,710,932 | 11.0 | $82,944 | $77,746 | $5,198 | 6.7 | |
State Government | 12,233 | 12,050 | 184 | 1.5 | $802,934,952 | $732,385,636 | $70,549,316 | 9.6 | $65,636 | $60,781 | $4,855 | 8.0 | |
Local Government | 45,114 | 44,374 | 740 | 1.7 | $2,426,957,097 | $2,304,944,663 | $122,012,434 | 5.3 | $53,796 | $51,944 | $1,852 | 3.6 | |
61 | Educational Services | 22,211 | 21,959 | 252 | 1.1 | $1,077,042,215 | $1,034,631,880 | $42,410,335 | 4.1 | $48,492 | $47,116 | $1,375 | 2.9 |
62 | Health Care & Social Assistance | 8,911 | 8,720 | 191 | 2.2 | $677,397,841 | $644,179,220 | $33,218,621 | 5.2 | $76,022 | $73,875 | $2,147 | 2.9 |
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: April 2024. | |||||||||||||
Prepared by M. Moore, Research & Planning, WY DWS, 4/19/24. |
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