© Copyright 2007 by the Wyoming Department of Employment, Research & Planning
Vol. 44 No. 2
From December 2005 to December 2006, Wyoming added 13,900 jobs for an over-the-year growth rate of 5.3%. This is the fastest job growth since November 1981. The state’s seasonally adjusted unemployment rate was 3.0%, unchanged from November and down slightly from its December 2005 level of 3.3%. In contrast the U.S. unemployment rate was 4.5% and U.S. job growth stood at 1.4%.
From November to December, Wyoming added 400 jobs (0.1%). Seasonal job losses in Construction (-1,100 jobs or -4.6%) were more than offset by gains in Natural Resources & Mining (400 jobs or 1.4%), Leisure & Hospitality (900 jobs or 3.1%), and Government (400 jobs or 0.6%). The increase in Government employment was mostly accounted for by seasonal job growth in local government education (including school districts and community colleges).
Over the year Wyoming gained 13,900 jobs or 5.3%. As in recent months, the largest job growth occurred in Natural Resources & Mining (including oil & gas; up 4,000 jobs or 16.5%) and Construction (2,900 jobs or 14.6%). Other notable increases were seen in Manufacturing (700 jobs or 7.2%), Retail Trade (700 jobs or 2.3%), Transportation, Warehousing, & Utilities (1,000 jobs or 7.8%), Professional & Business Services (1,200 jobs or 7.8%), Educational & Health Services (800 jobs or 3.6%), and Other Services (800 jobs or 8.2%). The only major sector that lost jobs from December 2005 was Information (-100 jobs or -2.3%).
County unemployment rates remained low, even after their normal seasonal increase in December. Platte County posted the highest unemployment rate (5.0%) followed by Fremont and Big Horn counties (both 4.4%). The lowest unemployment rates were found in Sublette (1.5%), Campbell (2.0%), and Albany (2.2%) counties.
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by Phil Ellsworth.