Continuing on its path of moderate growth, the Wyoming economy created 5,200 jobs in November (2.1%). Job gains were seen across many industries, but were strongest in Natural Resources & Mining (including oil & gas). Wyoming’s seasonally adjusted unemployment rate decreased from 3.8 percent in October to 3.5 percent in November and remained well below the U.S. rate of 5.4 percent.
From October to November, employment fell by 3,200 jobs or 1.2 percent. This seasonal decrease was slightly smaller than seen in previous years. Seasonal job losses occurred in Construction (-1,000 jobs or -4.7%), Professional & Business Services (-200 jobs or -1.3%), and Leisure & Hospitality (-2,100 jobs or -7.0%).
From November 2003, Wyoming gained 5,200 jobs or 2.1 percent. Increased oil & gas drilling activity continued to boost employment in Natural Resources & Mining (2,000 jobs or 10.5%). Other notable gains were seen in Wholesale Trade (400 jobs or 5.7%), Transportation & Utilities (200 jobs or 1.7%), Financial Activities (200 jobs or 1.9%), Education & Health Services (700 jobs or 3.3%), Leisure & Hospitality (900 jobs or 3.3%), and Government (700 jobs or 1.1%). Employment remained flat in Construction, Manufacturing, Information, Professional & Business Services, and Other Services.
County unemployment rates were mixed in November. Unemployment increased from October to November in 8 counties, was unchanged in 2 counties, and decreased in 13 counties. Teton County posted the highest unemployment rate (5.7%) in November, while Sublette County (1.5%) posted the lowest. Laramie County’s unemployment rate (4.5% in October) fell to 4.1 percent in November.
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