Leisure & Hospitality Leads Wyoming Job Growth in June
Wyoming’s Leisure & Hospitality sector added the most jobs in June 2007 (up 1,500 jobs or 4.1% from a year earlier). From June 2005 to June 2006, Leisure & Hospitality gained 400 jobs (1.1%). Total job growth continued at a healthy pace (up 8,200 jobs or 2.8%). The state’s seasonally adjusted unemployment rate was unchanged from May at 3.3% and remained much lower than the U.S. rate of 4.5%. Labor force (the sum of employed and unemployed individuals) grew modestly (up 3,981 or 1.4%).
From May to June Wyoming gained 9,400 jobs or 3.3%. This is consistent with normal seasonal patterns. With warmer weather and longer days, Construction employment increased by 800 jobs or 3.1%. Retail Trade added 900 jobs or 2.9% and Professional & Business Services added 500 jobs or 2.7%. Leisure & Hospitality employment increased by 5,700 jobs or 17.4% because of a seasonal increase in tourist activity.
Over the year Wyoming added 8,200 jobs or 2.8%. The largest job gains were in Leisure & Hospitality (1,500 jobs or 4.1%) and Transportation, Warehousing, & Utilities (1,100 jobs or 8.1%). Other notable job gains occurred in Natural Resources & Mining (including oil & gas; 1,000 jobs or 3.7%), Construction (900 jobs or 3.5%), Professional & Business Services (800 jobs or 4.5%), and Government (including public schools, colleges, and hospitals; 800 jobs or 1.2%). Modest job growth occurred in Information (100 jobs or 2.4%), Financial Activities (100 jobs or 0.9%), and Educational & Health Services (400 jobs or 1.8%). Employment fell slightly in Manufacturing (-100 jobs or -1.0%).
Most county unemployment rates followed their normal seasonal pattern and decreased from May to June. The largest decreases were found in Teton County (down from 2.8% in May to 2.1% in June), Park County (down from 3.4% to 2.9%), and Johnson County (down from 3.9% to 3.4%). Sublette County posted the lowest unemployment rate (1.7%), followed by Teton (2.1%) and Campbell (2.2%) counties.