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March 2011

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Labor Market Information

 

Economic Indicators

The Baker Hughes rig count for Wyoming increased by 27.0% from January 2010 to January 2011.

Jan Dec Jan Percent Change
2011 2010 2010  Month  Year
______(p)_ ______(r)_ _____(b)_ _____ _____
Wyoming Total Civilian Labor Force1 288,160 289,031 293,411 -0.3 -1.8
Unemployed 21,247 18,429 25,630 15.3 -17.1
Employed 266,913 270,602 267,781 -1.4 -0.3
Wyoming Unemployment Rate/Seas. Adj. 7.4%/6.3% 6.4%/6.4% 8.7%/7.6% N/A N/A
U.S. Unemployment Rate/Seas. Adj. 9.8%/9.0% 9.1%/9.4% 10.6%/9.7% N/A N/A
U.S. Multiple Jobholders 6,621,000 6,884,000 6,751,000 -3.8 -1.9
As a percent of all workers 4.8% 4.9% 4.9% N/A N/A
U.S. Discouraged Workers 993,000 1,318,000 1,065,000 -24.7 -6.8
U.S. Part Time for Economic Reasons 9,187,000 9,205,000 9,290,000 -0.2 -1.1
Hours & Earnings for Production Workers
Wyoming Manufacturing Hours & Earnings
Average Weekly Earnings   $842.74 $858.54 $837.43 -1.8 0.6
Average Weekly Hours 40.4 41.0 40.3 -1.5 0.2
U.S. Manufacturing Hours & Earnings
Average Weekly Earnings $771.67 $788.35 $750.69 -2.1 2.8
Average Weekly Hours 40.7 41.8 40.6 -2.6 0.2
Wyoming Unemployment Insurance
Weeks Compensated 2 32,494 30,800 45,103 5.5 -28.0
Benefits Paid $10,395,251 $9,618,508 $15,233,944 8.1 -31.8
Average Weekly Benefit Payment $319.91 $312.29 $337.76 2.4 -5.3
State Insured Covered Jobs (1) 251,620 257,224 248,569 -2.2 1.2
Insured Unemployment Rate  3.4% 2.5% 4.7% N/A N/A
Consumer Price Index (U) for All U.S. Urban Consumers 
(1982 to 1984 = 100)
All Items 220.2 219.2 216.7 0.5 1.6
Food & Beverages 223.2 221.3 219.2 0.9 1.8
Housing 216.7 216.1 215.9 0.3 0.4
Apparel 116.7 118.1 116.7 -1.2 0.0
Transportation 200.8 198.3 190.5 1.3 5.4
Medical Care 393.9 391.9 382.7 0.5 2.9
Recreation (Dec. 1997=100) 112.6 112.3 113.3 0.3 -0.6
Education & Communication (Dec. 1997=100) 130.7 130.5 129.1 0.1 1.2
Other Goods & Services 384.7 384.5 377.7 0.0 1.9
Producer Prices (1982 to 1984 = 100)
All Commodities 192.2 189.9 181.9 1.2 5.7
Wyoming Building Permits (New Privately Owned Housing Units Authorized)
Total Units 84 91 68 -7.7 23.5
Valuation $14,646,000 $17,586,000 $26,720,000 -16.7 -45.2
Single Family Homes 64 74 68 -13.5 -5.9
Valuation $12,940,000 $16,107,000 $26,720,000 -19.7 -51.6
Casper MSA2 Building Permits 9 17 2 -47.1 350.0
Valuation $1,349,000 $3,173,000 $188,000 -57.5 617.6
Cheyenne MSA Building Permits 24 9 24 166.7 0.0
Valuation $2,938,000 $1,403,000 $4,111,000 109.4 -28.5
Baker Hughes North American Rotary Rig Count for Wyoming 47 45 37 4.4 27.0
(p) Preliminary. (r) Revised. (b) Benchmarked.
1 Local Area Unemployment Statistics Program estimates.
2 Metropolitan Statistical Area.

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Last modified by Michael Moore.