"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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Initial Unemployment Insurance (UI) claims in Wyoming increased by 621.6% over the year in March 2020 as businesses and schools were shuttered in response to the COVID-19 pandemic. The total number of initial claims increased from 1,414 in March 2019 to 10,203 in March 2020 (8,789 more claims, or 621.6%).
There were more initial claims in Wyoming in March 2020 than in any other month dating back to 1997, the first year for which comparable data are available (see Figure 1). The 10,203 claims in March 2020 were nearly twice that of the previous high in December 2009 (5,975).
Every industry experienced at least triple-digit percentage increases in initial claims over the year. Leisure & hopsitality showed the greatest over-the-year increase, followed by the unclassified industry, educational & health services, and construction.
t the county level, the greatest increases were seen in Natrona, Teton, and Laramie counties. Natrona and Laramie counties are the two most populous in th estate, and Teton County has a large concentration of jobs in leisure & hospitality, the industry most affected by the COVID-19 pandemic in March.
*Information displayed in Initial and Continued Claims are adjusted for monthly comparisons by normalizing the number of weeks in each month to a standard 4.33 weeks.
**NAICS = North American Industry Classification code.
***SIC = Standard Industrial Classification code.
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