"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 3: Wyoming Covered Employment, Total Wages, & Average Weekly Wage by Industry, First Quarter 2023 & 2024a | |||||||||||||
Average Monthly Employment | Total Wages | Average Weekly Wage | |||||||||||
Change | Change | Change | |||||||||||
NAICSb Code | Ownership and Industry | 2024Q1 | 2023Q1 | N | % | 2024Q1 | 2023Q1 | $ | % | 2024Q1 | 2023Q1 | $ | % |
0 | Ownership - Total | 273,209 | 269,780 | 3,429 | 1.3 | $4,181,143,734 | $4,017,310,098 | $163,833,636 | 4.1 | $1,177 | $1,145 | $32 | 2.8 |
0 | Ownership - Private | 205,830 | 205,030 | 799 | 0.4 | $3,156,296,929 | $3,085,023,416 | $71,273,513 | 2.3 | $1,180 | $1,157 | $22 | 1.9 |
11 | Agriculture | 2,474 | 2,423 | 50 | 2.1 | $27,651,886 | $25,364,368 | $2,287,518 | 9.0 | $860 | $805 | $55 | 6.8 |
21 | Mining, Including Oil & Gas* | 16,143 | 16,972 | -829 | -4.9 | $444,301,434 | $475,109,071 | -$30,807,637 | -6.5 | $2,117 | $2,153 | -$36 | -1.7 |
211 | Oil & Gas Extraction | 2,323 | 2,306 | 17 | 0.7 | $92,955,351 | $96,668,000 | -$3,712,649 | -3.8 | $3,078 | $3,224 | -$146 | -4.5 |
212 | Mining, Except Oil & Gas | 7,129 | 7,741 | -611 | -7.9 | $197,556,664 | $221,100,360 | -$23,543,696 | -10.6 | $2,132 | $2,197 | -$66 | -3.0 |
213 | Support Activities For Mining | 6,691 | 6,925 | -235 | -3.4 | $153,789,419 | $157,340,711 | -$3,551,292 | -2.3 | $1,768 | $1,748 | $20 | 1.2 |
23 | Construction | 21,085 | 19,589 | 1,496 | 7.6 | $346,069,083 | $301,138,996 | $44,930,087 | 14.9 | $1,263 | $1,183 | $80 | 6.8 |
31-33 | Manufacturing | 10,302 | 10,369 | -68 | -0.7 | $203,048,379 | $195,328,292 | $7,720,087 | 4.0 | $1,516 | $1,449 | $67 | 4.6 |
42, 48-49, 22 | Wholesale Trade, Transportation, Warehousing, & Utilities | 20,173 | 20,300 | -128 | -0.6 | $399,840,288 | $384,820,709 | $15,019,579 | 3.9 | $1,525 | $1,458 | $67 | 4.6 |
44-45 | Retail Trade | 29,551 | 29,633 | -82 | -0.3 | $282,722,905 | $276,231,217 | $6,491,688 | 2.4 | $736 | $717 | $19 | 2.6 |
51 | Information | 3,033 | 3,174 | -141 | -4.4 | $60,592,095 | $56,454,176 | $4,137,919 | 7.3 | $1,537 | $1,368 | $169 | 12.3 |
52-53 | Financial Activities | 11,272 | 11,540 | -268 | -2.3 | $244,893,596 | $258,841,863 | -$13,948,267 | -5.4 | $1,671 | $1,725 | -$54 | -3.1 |
54-56 | Professional & Business Services | 20,934 | 20,512 | 422 | 2.1 | $450,701,997 | $446,703,202 | $3,998,795 | 0.9 | $1,656 | $1,675 | -$19 | -1.1 |
61 | Educational Services | 2,415 | 2,366 | 49 | 2.1 | $25,507,291 | $23,663,085 | $1,844,206 | 7.8 | $813 | $769 | $43 | 5.6 |
62 | Health Care & Social Assistance | 26,133 | 25,613 | 520 | 2.0 | $334,736,830 | $318,586,833 | $16,149,997 | 5.1 | $985 | $957 | $29 | 3.0 |
71-72 | Leisure & Hospitality | 35,046 | 35,387 | -341 | -1.0 | $247,545,480 | $238,865,630 | $8,679,850 | 3.6 | $543 | $519 | $24 | 4.6 |
81 | Other Services, Except Public Administration | 7,209 | 7,100 | 109 | 1.5 | $87,284,527 | $82,503,620 | $4,780,907 | 5.8 | $931 | $894 | $38 | 4.2 |
99 | Unclassified | 61 | 51 | 11 | 21.0 | $1,401,138 | $1,412,354 | -$11,216 | -0.8 | $1,757 | $2,144 | -$387 | -18.0 |
Total Government | 67,379 | 64,748 | 2,631 | 4.1 | $1,024,846,805 | $932,284,942 | $92,561,863 | 9.9 | $1,170 | $1,108 | $62 | 5.6 | |
Federal Government | 7,727 | 7,312 | 415 | 5.7 | $169,000,207 | $150,220,251 | $18,779,956 | 12.5 | $1,682 | $1,580 | $102 | 6.5 | |
State Government | 12,536 | 11,968 | 569 | 4.8 | $209,586,196 | $190,819,379 | $18,766,817 | 9.8 | $1,286 | $1,227 | $60 | 4.9 | |
Local Government* | 47,116 | 45,469 | 1,647 | 3.6 | $646,260,402 | $591,245,312 | $55,015,090 | 9.3 | $1,055 | $1,000 | $55 | 5.5 | |
61 | Educational Services | 23,481 | 23,181 | 300 | 1.3 | $277,096,911 | $264,304,336 | $12,792,575 | 4.8 | $908 | $877 | $31 | 3.5 |
62 | Health Care & Social Assistance | 9,154 | 8,837 | 317 | 3.6 | $176,386,783 | $167,006,365 | $9,380,418 | 5.6 | $1,482 | $1,454 | $29 | 2.0 |
*Some changes in employment in mining and local government are due to non-economic code changes. Non-economic code changes result when employers are reclassified to better reflect their ownership and/or their industry. | |||||||||||||
aPreliminary. | |||||||||||||
bNorth American Industry Classification System | |||||||||||||
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: July 2024. | |||||||||||||
Prepared by M. Moore, Research & Planning, WY DWS, 7/18/24. |
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