© Copyright 2004 by the Wyoming Department of Employment, Research & Planning
WYOMING LABOR FORCE TRENDS
Vol. 41 No. 7
 

Economic Indicators
by: David Bullard, Senior Economist

The Baker Hughes rig count for Wyoming increased 39.6 percent from a year earlier, indicating a dramatic rise in oil & gas activity in the state.

May Apr May Percent Change
2004 2004 2003  Month  Year
______(p)_ ______(r)_ _____(b)_ _____ _____
Wyoming Total Civilian Labor Force 277,044 276,523 276,312 0.2 0.3
            Unemployed 9,947 10,151 12,047 -2.0 -17.4
            Employed 267,097 266,372 264,265 0.3 1.1
Wyoming Unemployment Rate/Seas. Adj. 3.6%/3.7% 3.7%/3.4% 4.4%/4.4% N/A N/A
U.S. Unemployment Rate/Seas. Adj. 5.3%/5.6% 5.4%/5.6% 5.8%/6.1% N/A N/A
U.S. Multiple Jobholders 7,258,000 7,239,000 7,338,000 0.3 -1.1
      As a percent of all workers 5.2% 5.2% 5.3% N/A N/A
U.S. Discouraged Workers 476,000 492,000 482,000 -3.3 -1.2
U.S. Part Time for Economic Reasons 4,427,000 4,411,000 4,409,000 0.4 0.4
Hours & Earnings for Production Workers
Wyoming Mining 
       Average Weekly Earnings $1,004.99 $1,017.91 $950.46 -1.3 5.7
       Average Weekly Hours 43.3 43.8 43.4 -1.1 -0.2
U.S. Mining Hours & Earnings
       Average Weekly Earnings $830.78 $830.65 $794.70 0.0 4.5
       Average Weekly Hours 45.2 44.9 45.0 0.7 0.4
Wyoming Manufacturing Hours & Earnings
       Average Weekly Earnings $637.60 $633.22 $696.65 0.7 -8.5
       Average Weekly Hours 39.9 39.8 41.1 0.3 -2.9
U.S. Manufacturing Hours & Earnings
       Average Weekly Earnings $658.42 $652.04 $628.73 1.0 4.7
       Average Weekly Hours 41.1 40.6 40.2 1.2 2.2
Wyoming Unemployment Insurance
       Weeks Compensated 12,715 15,764 15,771 -19.3 -19.4
       Benefits Paid $2,963,576 $3,664,823 $3,624,938 -19.1 -18.2
       Average Weekly Benefit Payment $233.08 $232.48 $229.85 0.3 1.4
       State Insured Covered Jobs 234,488 226,787 229,590 3.4 2.1
        Insured Unemployment Rate  1.6% 1.8% 1.9% N/A N/A
Consumer Price Index (U) for All U.S. Urban Consumers  
(1982 to 1984 = 100) - All Items 189.1 188.0 183.5 0.6 3.1
               Food & Beverages 186.5 185.0 179.4 0.8 4.0
               Housing 188.9 188.4 184.5 0.3 2.4
               Apparel 123.4 124.3 122.5 -0.7 0.7
               Transportation 165.2 161.8 157.2 2.1 5.1
               Medical Care 309.0 308.3 295.5 0.2 4.6
               Recreation (Apr. 1997=100) 108.8 109.0 107.6 -0.2 1.1
               Education & Communication (Apr. 1997=100) 110.6 110.9 108.6 -0.3 1.8
               Other Goods & Services 303.8 303.6 298.1 0.1 1.9
Producer Prices (1982 to 1984 = 100) - All Commodities 146.6 144.5 136.7 1.5 7.2
             
Wyoming Building Permits
(New Privately Owned Housing Units Authorized)
      Total Units 296 269 235 10.0 26.0
               Valuation $42,622,000 $48,589,000 $38,549,000 -12.3 10.6
      Single Family Homes 254 228 181 11 40.3
               Valuation $39,326,000 $45,501,000 $31,818,000 -13.6 23.6
Baker Hughes North American Rotary Rig Count for Wyoming 67 61 48 9.8 39.6
(p) Preliminary.  (r) Revised.  (b) Benchmarked. 

 

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