"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.
Updated November 6, 2020, for second quarter 2020 (2020Q2).
Table 2: Declining Industries Report for Wyoming, Second Quarter 2020a | |||||||||||
Employment (Current Quarter) | Employment (Prior Quarter) | Growing Industries | |||||||||
Over-the-Year Change | Over-the-Year Change | ||||||||||
Subsector (3-Digit NAICS)b | Sector (2-Digit NAICS) | 2020Q2 | 2019Q2 | N | % | 2020Q1 | 2019Q1 | N | % | Average % Changec | Average Weekly Waged |
Agriculture & forestry support activities (115) | Agriculture, forestry, fishing & hunting (11) | 306 | 339 | -33 | -9.7 | 224 | 236 | -12 | -5.1 | -7.4 | $709 |
Oil & gas extraction (211) | Mining (21) | 2,760 | 2,959 | -199 | -6.7 | 2,852 | 3,036 | -184 | -6.1 | -6.4 | $1,961 |
Support activities for mining (213) | Mining (21) | 5,948 | 9,988 | -4,040 | -40.4 | 8,937 | 9,978 | -1,041 | -10.4 | -25.4 | $1,493 |
Computer & electronic product manufacturing (334) | Manufacturing (31-33) | 247 | 343 | -96 | -28.0 | 294 | 331 | -37 | -11.2 | -19.6 | $1,131 |
Furniture & related product manufacturing (337) | Manufacturing (31-33) | 177 | 196 | -19 | -9.7 | 175 | 190 | -15 | -7.9 | -8.8 | $607 |
Miscellaneous manufacturing (339) | Wholesale Trade (42) | 124 | 138 | -14 | -10.1 | 136 | 149 | -13 | -8.7 | -9.4 | $724 |
Electronic markets & agents & brokers (425) | Wholesale Trade (42) | 115 | 133 | -18 | -13.5 | 117 | 138 | -21 | -15.2 | -14.4 | $1,515 |
Electronics & appliance stores (443) | Retail Trade (44-45) | 621 | 691 | -70 | -10.1 | 665 | 721 | -56 | -7.8 | -8.9 | $760 |
Miscellaneous store retailers (453) | Retail Trade (44-45) | 1,331 | 1,587 | -256 | -16.1 | 1,419 | 1,537 | -118 | -7.7 | -11.9 | $462 |
Air transportation (481) | Transportation & Warehousing (48-49) | 280 | 456 | -176 | -38.6 | 351 | 561 | -210 | -37.4 | -38.0 | $1,101 |
Transit & ground passenger transportation (485) | Transportation & Warehousing (48-49) | 399 | 556 | -157 | -28.2 | 506 | 543 | -37 | -6.8 | -17.5 | $495 |
Publishing industries, except Internet (511) | Information (51) | 644 | 820 | -176 | -21.5 | 742 | 803 | -61 | -7.6 | -14.5 | $674 |
Broadcasting, except Internet (515) | Information (51) | 337 | 381 | -44 | -11.5 | 360 | 384 | -24 | -6.3 | -8.9 | $710 |
ISPs, search portals, & data processing (518) | Information (51) | 137 | 194 | -57 | -29.4 | 140 | 202 | -62 | -30.7 | -30.0 | $1,171 |
Rental & leasing services (532) | Real Estate & Rental & Leasing (53) | 1,459 | 1,909 | -450 | -23.6 | 1,771 | 1,906 | -135 | -7.1 | -15.3 | $1,079 |
Management of companies & enterprises (551) | Management of Companies & Enterprises (55) | 682 | 859 | -177 | -20.6 | 757 | 860 | -103 | -12.0 | -16.3 | $1,767 |
Private households (814) | Other Services, Except Public Admin. (81) | 299 | 368 | -69 | -18.8 | 327 | 360 | -33 | -9.2 | -14.0 | $610 |
Total | Total | 15,859 | 21,911 | -6,052 | -27.6 | 19,769 | 21,930 | -2,161 | -9.9 | -18.7 | $1,295 |
aIncludes both public and privately owned firms.
bNorth American Industry Classification System
cThe percentage for average change is the employment-weighted average percentage change of the current and prior quarters (employment change current quarter + employment change prior quarter) divided by the employment for the current and prior quarters (employment current quarter + employment prior quarter).
dThe average weekly wage is calculated by dividing the total wage for the industry group by the total number of jobs for the industry group and the number of weeks in the observed quarter. Please be aware that average weekly wages at the industry group level are suceptible to wage bias due to sample size, occupational distributions, seasonal pay and bonuses, and keying error.
The average weekly wage for all growing industries in 2020Q1 was $1,295.
Source: Quarterly Census of Employment and Wages.
Prepared by M. Moore, Research & Planning, WY DWS, 11/5/20.
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