Economic Indicators

© Copyright 2004 by the Wyoming Department of Employment, Research & Planning
WYOMING LABOR FORCE TRENDS
Vol. 41 No. 12

Economic Indicators
by: Margaret Hiatt, Administrative/Survey Support Specialist

Wyoming's labor force (the sum of employed and unemployed individuals) fell slightly in October.

	Oct	Sep	Oct	Percent Change
	2004	2004	2003	Month	Year
	______(p)_	______(r)_	_____(b)_	_____	_____
Wyoming Total Civilian Labor Force	281,626	280,507	281,924	0.4	-0.1
Unemployed	9,441	9,166	10,565	3.0	-10.6
Employed	272,185	271,341	271,359	0.3	0.3
Wyoming Unemployment Rate/Seas. Adj.	3.4%/3.8%	3.3%/3.9%	3.7%/4.3%	N/A	N/A
U.S. Unemployment Rate/Seas. Adj.	5.1%/5.5	5.1%/5.4%	5.6%/6.0%	N/A	N/A
U.S. Multiple Jobholders	8,034,000	7,672,000	7,515,000	4.7	6.9
As a percent of all workers	5.7%	5.5%	5.4%	N/A	N/A
U.S. Discouraged Workers	429,000	412,000	462,000	4.1	-7.1
U.S. Part Time for Economic Reasons	4,407,000	4,073,000	4,394,000	8.2	0.3

Hours & Earnings for Production Workers
Wyoming Mining
Average Weekly Earnings	$1,010.68	$1,026.86	$964.82	-1.6	4.8
Average Weekly Hours	44.0	44.9	42.9	-2.0	2.6
U.S. Mining Hours & Earnings
Average Weekly Earnings	$857.01	$830.25	$808.15	3.2	6.0
Average Weekly Hours	43.6	45.0	44.6	-3.1	-2.2
Wyoming Manufacturing Hours & Earnings
Average Weekly Earnings	$641.52	$679.40	$625.28	-5.6	2.6
Average Weekly Hours	39.6	39.5	39.4	0.3	0.5
U.S. Manufacturing Hours & Earnings
Average Weekly Earnings	$661.38	$664.62	$643.47	-0.5	2.8
Average Weekly Hours	40.7	40.6	40.7	0.2	0.0

Wyoming Unemployment Insurance
Weeks Compensated	8,701	8,209	9,619	6.0	-9.5
Benefits Paid	$2,057,815	$1,942,818	$2,267,976	5.9	-9.3
Average Weekly Benefit Payment	$236.50	$236.67	$235.78	-0.1	0.3
State Insured Covered Jobs	236,578	240,398	232,223	-1.6	1.9
Insured Unemployment Rate	1.0%	1.0%	1.2%	N/A	N/A

Consumer Price Index (U) for All U.S. Urban Consumers
(1982 to 1984 = 100)
All Items	190.9	189.9	185.0	0.5	3.2
Food & Beverages	188.4	187.2	182.2	0.6	3.4
Housing	191.0	191.0	185.7	0.0	2.9
Apparel	124.1	121.2	124.8	2.4	-0.6
Transportation	166.4	162.9	157.1	2.1	5.9
Medical Care	313.3	312.3	299.9	0.3	4.5
Recreation (Apr. 1997=100)	108.7	108.6	107.6	0.1	1.0
Education & Communication (Apr. 1997=100)	112.5	112.9	110.9	-0.4	1.4
Other Goods & Services	306.8	306.3	300.2	0.2	2.2

Producer Prices (1982 to 1984 = 100) -
All Commodities	150	148	139	1.4	7.5

Wyoming Building Permits
(New Privately Owned Housing Units Authorized)
Total Units	233	319	203	-27.0	14.8
Valuation	$33,367,000	$52,621,000	$35,967,000	-36.6	-7.2
Single Family Homes	194	264	182	-26.5	6.6
Valuation	$30,503,000	$48,690,000	$34,240,000	-37.4	-10.9

Baker Hughes North American Rotary Rig County for Wyoming
Baker Hughes North American Rotary Rig County for Wyoming	82	85	69	-3.5294	18.841

(p) Preliminary. (r) Revised. (b) Benchmarked.