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

WYOMING LABOR FORCE TRENDS

Vol. 43 No. 6

Wyoming Job Growth at 3.4% in April 2006

by: David Bullard, Senior Economist

 

Wyoming job growth continued as 8,800 jobs were created compared to April 2005 (an annual increase of 3.4%). The state’s seasonally adjusted unemployment rate increased slightly, rising from 2.9% in March to 3.2% in April, but remained much lower than the U.S. unemployment rate of 4.7%. Wyoming’s labor force (the sum of employed and unemployed individuals) increased by 7,752 people or 2.7% from April 2005.

From March to April, employment increased by 2,700 jobs or 1.0%. Seasonal job gains occurred in Construction (1,200 jobs or 6.3%), Transportation & Utilities (200 jobs or 1.6%), Financial Activities (200 jobs or 1.9%), and Professional & Business Services (700 jobs or 4.5%). Minor job losses were seen in Educational & Health Services (-100 jobs or -0.4%) and Other Services (-100 jobs or -1.0%).

Wyoming added 8,800 jobs or 3.4% from April 2005 to April 2006. Natural Resources & Mining (including oil & gas) continued to be the state’s fastest growing sector (3,100 jobs or 14.2%). Strong growth also occurred in Construction (900 jobs or 4.6%), Wholesale Trade (400 jobs or 5.3%), Transportation & Utilities (600 jobs or 4.8%), and Professional & Business Services (700 jobs or 4.5%). Employment grew at a more modest pace in Educational & Health Services (500 jobs or 2.3%), Leisure & Hospitality (600 jobs or 2.0%), and Government (1,100 jobs or 1.7%).

Most county unemployment rates followed their normal seasonal pattern and decreased from March to April. One notable exception was Teton County, where unemployment increased from 2.7% in March to 4.4% in April. This increase is associated with the end of the winter tourist season in Jackson Hole. Goshen County recorded the highest unemployment rate (4.6%), followed by Fremont County (4.5%).