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Wyoming Department of Workforce Services

Research & Planning
444 W. Collins Dr.
Suite 3100
Casper, WY 82601
(307) 473-3807

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"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.

2022 Wyoming Workforce Annual Report

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Wyoming Labor Force Trends

January 2023 | Volume 60, No. 1


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News Release: Wyoming Unemployment Rises to 3.6% in November 2022

by: David Bullard, Senior Economist

The Research & Planning section of the Wyoming Department of Workforce Services reported that the state’s seasonally adjusted1 unemployment rate rose slightly from 3.5% in October to 3.6% in November. Wyoming’s unemployment rate was considerably lower than its November 2021 level of 4.0% and slightly lower than the current U.S. unemployment rate of 3.7%.

From October to November, unemployment rates fell in 15 counties, rose in five counties, and remained unchanged in three counties. The largest decreases occurred in Washakie (down from 3.4% to 3.1%), Sweetwater (down from 3.9% to 3.6%), and Converse (down from 2.6% to 2.3%) counties. Teton County’s unemployment rate rose from 2.5% in October to 3.8% in November. Unemployment usually increases in Teton County in November, as tourist activity slows between the summer and winter seasons.

In November, most county unemployment rates decreased from their year-ago levels. The largest decreases were seen in Converse (down from 3.4% to 2.3%), Campbell (down from 3.9% to 3.0%), Natrona (down from 4.4% to 3.6%), Sublette (down from 4.2% to 3.6%), and Hot Springs (down from 3.0% to 2.4%) counties. Unemployment rates rose modestly in Carbon (up from 3.1% to 3.4%) and Niobrara (up from 2.6% to 2.9%) counties.
Weston County posted the lowest unemployment rate at 2.1% in November. It was followed by Converse County at 2.3%, Hot Springs County at 2.4%, and Crook County at 2.4%. The highest unemployment rates occurred in Teton County at 3.8%, and Natrona, Sublette, and Sweetwater counties (each at 3.6%).

Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) rose from 278,400 in November 2021 to 283,800 in November 2022, an increase of 5,400 jobs (1.9%).

R&P's most recent monthly news release is available at https://doe.state.wy.us/LMI/news.htm.


 

1Seasonal adjustment is 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.