© Copyright 2006 by the Wyoming Department of Employment, Research & Planning

WYOMING LABOR FORCE TRENDS

Vol. 43 No. 6

Quarterly Turnover Statistics for Second Quarter 2005

by: Douglas W. Leonard, Senior Research Analyst

 

Table 1 shows hires in Wyoming exceeded exits during second quarter 2005 (2005Q2) by 15,915 (Bullard, n.d.a), compared to an over-the-year average quarterly employment increase of about 7,000 jobs (Bullard, n.d.b). Industries with the highest hire rates included Leisure & Hospitality (30.9%), Construction (23.5%), and Retail Trade (19.2%). Those with the highest exit rates were Leisure & Hospitality (17.2%), Educational Services (15.8%), and Retail Trade (13.8%). The largest shares of continuous employment were in Public Administration (78.9%) and Health Services (76.2%). Spring is generally the start of seasonal hiring increases in many industries. Table 2 shows the labor market activity of men 24 years of age or younger. The hire rate for these workers in Construction is 13.1 percentage points greater than for all Construction workers (Bullard, n.d.a). The greatest difference in hire rates between this group and all workers was in Public Administration, where the hire rate for males less than 24 years of age was 50.2% compared to 12.6% statewide. In 2005Q2 these workers were most likely to obtain continuous employment in Information, where the continuous transaction rate was 52.1%. They were most likely to exit Educational Services (exit only rate of 31.2%).

References

Bullard, D. (n.d.a) Wyoming nonagricultural wage and salary employment preliminary benchmark 2005. Retrieved April 14, 2006, from http://doe.state.wy.us/LMI/CES/nawy05.htm

Bullard, D. (n.d.b) Wyoming nonagricultural wage and salary employment final benchmark 2004. Retrieved April 14, 2006, from http://doe.state.wy.us/LMI/CES/nawy04.htm




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