© Copyright 2019 by the Wyoming Department of Workforce Services, Research & Planning

Wyoming Unemployment Falls to 3.5% in May 2019

The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate fell from 3.6% in April to 3.5% in May. Wyoming’s unemployment rate was lower than its year-ago level of 4.0% and slightly lower than the current U.S. unemployment rate of 3.6%.

Most county unemployment rates changed very little from April to May. Slight increases were seen in Niobrara (up from 2.2% to 2.7%), Albany (up from 2.6% to 3.0%), and Goshen (up from 3.3% to 3.6%) counties. Unemployment fell in Teton (down from 3.8% to 3.0%), Big Horn (down from 4.5% to 4.0%), and Park (down from 3.9% to 3.5%) counties.

From May 2018 to May 2019, unemployment rates fell in 21 counties, and rose slightly in two counties. The largest unemployment rate decreases were seen in Fremont (down from 4.8% to 3.8%), Teton (down from 3.8% to 3.0%), Washakie (down from 4.2% to 3.5%), Natrona (down from 4.4% to 3.7%), and Converse (down from 3.5% to 2.8%) counties. Goshen County’s unemployment rate increased from 3.3% to 3.6% and Niobrara County’s unemployment rate increased from 2.4% to 2.7%.

In May, the highest unemployment rates were reported in Big Horn County at 4.0%, Sublette County at 3.9%, and Fremont County at 3.8%. The lowest rates were seen in Niobrara County at 2.7%, Converse County at 2.8%, and Weston and Crook counties, both at 2.9%.

Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) increased from 286,500 in May 2018 to 290,800 in May 2019, a gain of 4,300 jobs (1.5%).

Research & Planning has scheduled the June unemployment news release for July 23, 2019.



Wyoming Seasonally Adjusted Statewide Labor Force Estimates
                                                                                            Change
                                                                                 Month                    Year
                                     May-19     April-19       May-18     absolute     percent    absolute     percent
Total Civilian Labor Force          289,004      289,529      289,558        -525       -0.2%        -554       -0.2%
Employed                            278,974      279,239      278,001        -265       -0.1%         973        0.3%
Unemployed                           10,030       10,290       11,557        -260       -2.5%      -1,527      -13.2%
Unemployment Rate                       3.5          3.6          4.0



Definitions:
Employed All persons who, during the reference week, did any work at all as paid employees, worked in their own business, profession, or on their own farm, or worked 15 hours or more as unpaid workers in a family business.
Unemployed All persons who had no employment during the reference week, were available for work, and had made specific efforts to find employment sometime during the 4-week period ending with the reference week.
Labor Force All persons who meet the criteria given above as either employed or unemployed.
Unemployment Rate The number of unemployed as a percent of the labor force.
Seasonal Adjustment A statistical procedure to remove the impact of normal regularly recurring events (such as weather, major holidays, and the opening and closing of schools) from economic time series to better understand changes in economic conditions from month to month.



Note Regarding Tables 1-3 Below

Not seasonally adjusted data reflect the actual economic conditions in a given area for a given time period. These data show the normal seasonal changes that occur in the economy. Most county unemployment rates are higher in the winter months because of seasonal job losses in construction, leisure & hospitality, and many other sectors. Similarly, most county unemployment rates are lower in the summer months as employment increases across the economy. Data users should use caution when comparing not seasonally adjusted data for different months, as at least part of the difference between months may reflect normal seasonal patterns.

In contrast, seasonally adjusted data have been subjected to a statistical procedure to remove the effects of normal changes that occur in the economy each year, such as seasonal hiring in the construction sector, the opening and closing of schools, and holiday hiring by retail trade establishments. There is no expectation that seasonally adjusted unemployment rates will be higher or lower in any particular month, except as the economy expands or contracts. The value of seasonally adjusted data is that it is easy to identify longer-term trends in the data and valid comparisons can be made between any two months in the series.

Research & Planning works in cooperation with the Bureau of Labor Statistics to develop and publish unemployment rates for each county in Wyoming. However, these data are not seasonally adjusted and therefore reflect seasonal changes each month.


Table 1: Wyoming counties not seasonally adjusted unemployment
rates ranked from lowest to highest for May 2019
 
     County                            Rate*
Niobrara County, WY                     2.7
Converse County, WY                     2.8
Crook County, WY                        2.9
Weston County, WY                       2.9
Albany County, WY                       3.0
Carbon County, WY                       3.0
Platte County, WY                       3.0
Teton County, WY                        3.0
Lincoln County, WY                      3.1
Sheridan County, WY                     3.1
Campbell County, WY                     3.2
Hot Springs County, WY                  3.2
Laramie County, WY                      3.2
Johnson County, WY                      3.3
Wyoming                                 3.3
Park County, WY                         3.5
Sweetwater County, WY                   3.5
Washakie County, WY                     3.5
Goshen County, WY                       3.6
Natrona County, WY                      3.7
Uinta County, WY                        3.7
Fremont County, WY                      3.8
Sublette County, WY                     3.9
Big Horn County, WY                     4.0

*preliminary


Table 2: Wyoming counties not seasonally adjusted unemployment rates over-the-month rate
changes ranked from lowest to highest for May 2019

                                      Month ago                          Over-the-Month   
    County                             rate               Rate*            Rate Change    
Teton County, WY                        3.8                3.0                -0.8
Big Horn County, WY                     4.5                4.0                -0.5
Park County, WY                         3.9                3.5                -0.4
Carbon County, WY                       3.3                3.0                -0.3
Crook County, WY                        3.1                2.9                -0.2
Johnson County, WY                      3.5                3.3                -0.2
Washakie County, WY                     3.7                3.5                -0.2
Sheridan County, WY                     3.2                3.1                -0.1
Sweetwater County, WY                   3.6                3.5                -0.1
Uinta County, WY                        3.8                3.7                -0.1
Weston County, WY                       3.0                2.9                -0.1
Fremont County, WY                      3.8                3.8                 0.0
Lincoln County, WY                      3.1                3.1                 0.0
Platte County, WY                       3.0                3.0                 0.0
Wyoming                                 3.3                3.3                 0.0
Laramie County, WY                      3.1                3.2                 0.1
Campbell County, WY                     3.0                3.2                 0.2
Converse County, WY                     2.6                2.8                 0.2
Hot Springs County, WY                  3.0                3.2                 0.2
Natrona County, WY                      3.5                3.7                 0.2
Sublette County, WY                     3.7                3.9                 0.2
Goshen County, WY                       3.3                3.6                 0.3
Albany County, WY                       2.6                3.0                 0.4
Niobrara County, WY                     2.2                2.7                 0.5

*preliminary



Table 3: Wyoming counties not seasonally adjusted unemployment rates over-the-year
changes ranked from lowest to highest for May 2019
 
                                     Year ago                          Over-the-Year   
   County                              Rate              Rate*          Rate Change    
Fremont County, WY                     4.8                3.8               -1.0
Teton County, WY                       3.8                3.0               -0.8
Converse County, WY                    3.5                2.8               -0.7
Natrona County, WY                     4.4                3.7               -0.7
Washakie County, WY                    4.2                3.5               -0.7
Campbell County, WY                    3.8                3.2               -0.6
Lincoln County, WY                     3.7                3.1               -0.6
Sheridan County, WY                    3.7                3.1               -0.6
Sweetwater County, WY                  4.1                3.5               -0.6
Wyoming                                3.9                3.3               -0.6
Big Horn County, WY                    4.5                4.0               -0.5
Laramie County, WY                     3.7                3.2               -0.5
Platte County, WY                      3.5                3.0               -0.5
Uinta County, WY                       4.2                3.7               -0.5
Carbon County, WY                      3.4                3.0               -0.4
Hot Springs County, WY                 3.6                3.2               -0.4
Park County, WY                        3.8                3.5               -0.3
Weston County, WY                      3.2                2.9               -0.3
Crook County, WY                       3.1                2.9               -0.2
Johnson County, WY                     3.5                3.3               -0.2
Sublette County, WY                    4.1                3.9               -0.2
Albany County, WY                      3.1                3.0               -0.1
Goshen County, WY                      3.3                3.6                0.3
Niobrara County, WY                    2.4                2.7                0.3

*preliminary





Wyoming Department of Workforce Services
Research & Planning

June 25, 2019

Contacts:

David Bullard, Senior Economist, 307-473-3810


Carola Cowan, BLS Programs Supervisor, 307-473-3804



Labor Market Information | Send Us Mail