© Copyright 2006 by the Wyoming Department of Employment, Research & Planning
Vol. 44 No. 1
Wyoming’s seasonally adjusted unemployment rate fell from 3.3% in October to 3.0% in November. It remained well below the U.S. unemployment rate (4.5%) and below its November 2005 level of 3.5%. The state’s labor force (the sum of employed and unemployed individuals) increased by 6,008 or 2.1% from November 2005. Job growth continued at a rapid pace (up 12,800 jobs or 4.8% from November 2005).
From October to November, employment fell by 3,500 jobs or 1.2%. This level of decrease is consistent with historical seasonal patterns and expected for November. Job gains in Educational & Health Services (400 jobs or 1.8%) were more than offset by normal seasonal job losses in Construction (-800 jobs or -3.3%), Manufacturing (-200 jobs or -1.9%), Leisure & Hospitality (-2,800 jobs or -8.8%), and Other Services (-200 jobs or -1.9%). Construction activity usually slows in November because of colder weather. Over the year Wyoming added 12,800 jobs or 4.8%. Natural Resources & Mining (including oil & gas) and Construction created the largest numbers of new jobs (3,700 and 3,100 jobs, respectively). Strong job growth was seen in many sectors including Wholesale Trade (800 jobs or 10.3%), Transportation, Warehousing, & Utilities (700 jobs or 5.5%), Professional & Business Services (900 jobs or 5.7%), and Other Services (900 jobs or 9.3%). Other Services includes repair and maintenance services, a particularly fast-growing sector. Employment in Wyoming’s Information sector was unchanged from a year earlier.
Most county unemployment rates followed their normal seasonal pattern and increased from October to November. Teton County posted the largest increase (2.5% in October and 3.6% in November), followed by Platte County (3.7% in October and 4.4% in November). The highest unemployment rates were found in Platte (4.4%), Big Horn (3.9%), and Fremont (3.7%) counties.
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by Phil Ellsworth.