"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 2020 & 2021a | |||||||||||||
Average Monthly Employment | Total Wages | Average Weekly Wage | |||||||||||
Change | Change | Change | |||||||||||
NAICSb Code | Ownership and Industry | 2021Q1 | 2020Q1 | N | % | 2021Q1 | 2020Q1 | $ | % | 2021Q1 | 2020Q1 | $ | % |
52 | Finance & Insurance - Private | 7,063 | 7,010 | 53 | 0.8 | $156,876,070 | $123,123,301 | $33,752,769 | 27.4 | $1,709 | $1,351 | $357 | 26.5 |
522 | Credit Intermediation & Related Activities | 4,194 | 4,151 | 43 | 1.0 | $83,439,008 | $70,723,145 | $12,715,863 | 18.0 | $1,530 | $1,311 | $220 | 16.8 |
5221 | Depository Credit Intermediation | 3,650 | 3,687 | -37 | -1.0 | $69,312,515 | $61,606,115 | $7,706,400 | 12.5 | $1,461 | $1,285 | $176 | 13.7 |
5222 | Nondepository Credit Intermediation | 404 | 373 | 31 | 8.4 | $9,742,544 | $7,329,348 | $2,413,196 | 32.9 | $1,855 | $1,513 | $342 | 22.6 |
5223 | Activities Related To Credit Intermediation | 140 | 91 | 49 | 53.5 | $4,383,949 | $1,787,682 | $2,596,267 | 145.2 | $2,414 | $1,511 | $903 | 59.8 |
523 | Securities, Commodity Contracts, Investments | 611 | 594 | 18 | 3.0 | $38,903,608 | $21,072,046 | $17,831,562 | 84.6 | $4,895 | $2,730 | $2,165 | 79.3 |
5231 | Securities & Commodity Contracts Brokerage | 280 | 277 | 3 | 1.2 | $20,530,194 | $11,949,237 | $8,580,957 | 71.8 | $5,634 | $3,318 | $2,315 | 69.8 |
5239 | Other Financial Investment Activities | 331 | 317 | 14 | 4.5 | $18,373,414 | $9,122,809 | $9,250,605 | 101.4 | $4,270 | $2,216 | $2,054 | 92.7 |
524 | Insurance Carriers & Related Activities | 2,209 | 2,226 | -17 | -0.8 | $33,105,475 | $29,808,750 | $3,296,725 | 11.1 | $1,153 | $1,030 | $123 | 11.9 |
5241 | Insurance Carriers | 723 | 704 | 19 | 2.7 | $10,997,009 | $9,923,471 | $1,073,538 | 10.8 | $1,171 | $1,085 | $86 | 7.9 |
5242 | Insurance Agencies & Brokerages | 1,486 | 1,522 | -36 | -2.4 | $22,108,466 | $19,885,279 | $2,223,187 | 11.2 | $1,144 | $1,005 | $140 | 13.9 |
525 | Funds, Trusts, & Other Financial Vehicles | 49 | 39 | 10 | 25.6 | $1,427,979 | $1,519,360 | -$91,381 | -6.0 | $2,242 | $2,997 | -$755 | -25.2 |
52 | Finance & Insurance - Federal Government | 30 | 28 | 2 | 6.0 | $547,281 | $560,594 | -$13,313 | -2.4 | $1,419 | $1,540 | -$121 | -7.9 |
522 | Credit Intermediation & Related Activities | 30 | 28 | 2 | 6.0 | $547,281 | $560,594 | -$13,313 | -2.4 | $1,419 | $1,540 | -$121 | -7.9 |
5222 | Nondepository Credit Intermediation | 30 | 28 | 2 | 6.0 | $547,281 | $560,594 | -$13,313 | -2.4 | $1,419 | $1,540 | -$121 | -7.9 |
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 2021. | |||||||||||||
Prepared by M. Moore, Research & Planning, WY DWS, 10/15/21. |
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