"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 Weekly Wages in Finance & Insurance (NAICS 52), First Quarter 2019 & 2020a | |||||||||||||
Average Monthly Employment | Total Wages | Average Weekly Wage | |||||||||||
Change | Change | Change | |||||||||||
NAICSb Code | Ownership and Industry | 2020Q1 | 2019Q1 | N | % | 2020Q1 | 2019Q1 | $ | % | 2020Q1 | 2019Q1 | $ | % |
52 | Finance & Insurance - Private | 7,016 | 6,902 | 114 | 1.7 | $122,224,723 | $115,347,650 | $6,877,073 | 6.0 | $1,340 | $1,286 | $54 | 4.2 |
522 | Credit Intermediation & Related Activities | 4,151 | 4,080 | 71 | 1.7 | $69,880,421 | $65,164,961 | $4,715,460 | 7.2 | $1,295 | $1,229 | $66 | 5.4 |
5221 | Depository Credit Intermediation | 3,686 | 3,590 | 97 | 2.7 | $60,774,103 | $57,211,379 | $3,562,724 | 6.2 | $1,268 | $1,226 | $42 | 3.4 |
5222 | Nondepository Credit Intermediation | 374 | 428 | -55 | -12.8 | $7,318,636 | $6,965,366 | $353,270 | 5.1 | $1,507 | $1,251 | $256 | 20.4 |
5223 | Activities Related To Credit Intermediation | 91 | 62 | 29 | 47.3 | $1,787,682 | $988,216 | $799,466 | 80.9 | $1,506 | $1,226 | $280 | 22.8 |
523 | Securities, Commodity Contracts, Investments | 594 | 576 | 18 | 3.1 | $21,013,485 | $20,196,546 | $816,939 | 4.0 | $2,723 | $2,697 | $26 | 0.9 |
5231 | Securities & Commodity Contracts Brokerage | 277 | 279 | -2 | -0.7 | $11,890,676 | $13,357,404 | -$1,466,728 | -11.0 | $3,302 | $3,683 | -$381 | -10.3 |
5239 | Other Financial Investment Activities | 317 | 297 | 20 | 6.6 | $9,122,809 | $6,839,142 | $2,283,667 | 33.4 | $2,216 | $1,771 | $445 | 25.1 |
524 | Insurance Carriers & Related Activities | 2,233 | 2,212 | 21 | 1.0 | $29,811,457 | $28,949,389 | $862,068 | 3.0 | $1,027 | $1,007 | $20 | 2.0 |
5241 | Insurance Carriers | 704 | 687 | 17 | 2.4 | $9,923,471 | $9,499,914 | $423,557 | 4.5 | $1,085 | $1,064 | $21 | 2.0 |
5242 | Insurance Agencies & Brokerages | 1,530 | 1,525 | 5 | 0.3 | $19,887,986 | $19,449,475 | $438,511 | 2.3 | $1,000 | $981 | $19 | 1.9 |
525 | Funds, Trusts, & Other Financial Vehicles | 38 | 34 | 4 | 11.9 | $1,519,360 | $1,036,754 | $482,606 | 46.5 | $3,103 | $2,369 | $734 | 31.0 |
52 | Finance & Insurance - Federal Government | 28 | 28 | 0 | -1.2 | $560,594 | $547,821 | $12,773 | 2.3 | $1,540 | $1,487 | $53 | 3.5 |
522 | Credit Intermediation & Related Activities | 28 | 28 | 0 | -1.2 | $560,594 | $547,821 | $12,773 | 2.3 | $1,540 | $1,487 | $53 | 3.5 |
5222 | Nondepository Credit Intermediation | 28 | 28 | 0 | -1.2 | $560,594 | $547,821 | $12,773 | 2.3 | $1,540 | $1,487 | $53 | 3.5 |
aPreliminary. | |||||||||||||
bNorth 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: October 2020. | |||||||||||||
Prepared by M. Moore, Research & Planning, WY DWS, 10/20/20. |
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