"Labor Market Information (LMI) is an applied science; it is the systematic collection and analysis of data which describes and predicts the relationship between labor demand and supply." The States' Labor Market Information Review, ICESA, 1995, p. 7.
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Table 40: Wyoming Covered Employment, Total Wages, & Average Weekly Wages in Finance & Insurance (NAICS 52), Fourth Quarter 2021 & 2022a | |||||||||||||
Average Monthly Employment | Total Wages | Average Weekly Wage | |||||||||||
Change | Change | Change | |||||||||||
NAICSb Code | Ownership and Industry | 2022Q4 | 2021Q4 | N | % | 2022Q4 | 2021Q4 | $ | % | 2022Q4 | 2021Q4 | $ | % |
52 | Finance & Insurance - Private | 7,442 | 7,316 | 127 | 1.7 | $181,584,405 | $186,920,232 | -$5,335,827 | -2.9 | $1,877 | $1,965 | -$89 | -4.5 |
522 | Credit Intermediation & Related Activities | 4,300 | 4,288 | 13 | 0.3 | $97,527,480 | $98,583,068 | -$1,055,588 | -1.1 | $1,745 | $1,769 | -$24 | -1.4 |
5221 | Depository Credit Intermediation | 3,707 | 3,682 | 24 | 0.7 | $85,226,064 | $81,470,024 | $3,756,040 | 4.6 | $1,769 | $1,702 | $67 | 3.9 |
5222 | Nondepository Credit Intermediation | 469 | 447 | 22 | 5.0 | $9,080,302 | $10,716,749 | -$1,636,447 | -15.3 | $1,488 | $1,844 | -$356 | -19.3 |
5223 | Activities Related To Credit Intermediation | 124 | 158 | -34 | -21.5 | $3,221,114 | $6,396,295 | -$3,175,181 | -49.6 | $1,993 | $3,108 | -$1,115 | -35.9 |
523 | Securities, Commodity Contracts, & Other Financial Investments & Related Activities | 744 | 646 | 99 | 15.3 | $42,709,444 | $48,475,775 | -$5,766,331 | -11.9 | $4,414 | $5,775 | -$1,361 | -23.6 |
5239 | Other Financial Investment Activities | 438 | 362 | 76 | 20.9 | $27,181,453 | $25,456,028 | $1,725,425 | 6.8 | $4,777 | $5,409 | -$632 | -11.7 |
524 | Insurance Carriers & Related Activities | 2,331 | 2,318 | 13 | 0.5 | $38,071,509 | $36,680,499 | $1,391,010 | 3.8 | $1,257 | $1,217 | $39 | 3.2 |
5241 | Insurance Carriers | 749 | 764 | -15 | -2.0 | $12,596,761 | $12,915,657 | -$318,896 | -2.5 | $1,294 | $1,301 | -$7 | -0.5 |
5242 | Insurance Agencies & Brokerages | 1,582 | 1,554 | 28 | 1.8 | $25,474,748 | $23,764,842 | $1,709,906 | 7.2 | $1,239 | $1,176 | $63 | 5.3 |
525 | Funds, Trusts, & Other Financial Vehicles | 67 | 64 | 3 | 4.2 | $3,275,972 | $3,180,890 | $95,082 | 3.0 | $3,761 | $3,804 | -$42 | -1.1 |
5251 | Insurance & Employee Benefit Funds | 5 | N/D | N/D | N/D | $170,109 | N/D | N/D | N/D | $2,455 | N/D | N/D | N/D |
5259 | Other Investment Pools & Funds | 62 | N/D | N/D | N/D | $3,105,863 | N/D | N/D | N/D | $3,874 | N/D | N/D | N/D |
52 | Finance & Insurance - Federal Government | 29 | 28 | 2 | 6.0 | $686,158 | $623,594 | $62,564 | 10.0 | $1,800 | $1,734 | $66 | 3.8 |
522 | Credit Intermediation & Related Activities | 27 | 28 | 0 | -1.2 | $625,067 | $623,594 | $1,473 | 0.2 | $1,759 | $1,734 | $26 | 1.5 |
5222 | Nondepository Credit Intermediation | 27 | 28 | 0 | -1.2 | $625,067 | $623,594 | $1,473 | 0.2 | $1,759 | $1,734 | $26 | 1.5 |
aPreliminary. | |||||||||||||
bNorth American Industry Classification System | |||||||||||||
N/D = Not discloseable due to confidentiality. | |||||||||||||
Source: Quarterly Census of Employment and Wages, developed through a cooperative program between Research & Planning and the U.S. Bureau of Labor Statistics. | |||||||||||||
Extract Date: April 2023. | |||||||||||||
Prepared by M. Moore, Research & Planning, WY DWS, 4/25/23. |
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