© Copyright 2023 by the Wyoming Department of Workforce Services, Research & Planning

Wyoming Unemployment Rises to 3.7% in December 2022

The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate rose slightly from 3.6% in November to 3.7% in December. Wyoming’s unemployment rate was lower than its December 2021 level of 4.0%, but marginally higher than the current U.S. unemployment rate of 3.5%.

From November to December, most county unemployment rates followed their normal seasonal pattern and increased. Unemployment rates often rise in December as winter weather causes seasonal job losses in construction and other sectors. The largest increases in unemployment occurred in Big Horn (up from 3.2% to 3.8%), Sweetwater (up from 3.6% to 4.2%), Crook (up from 2.4% to 2.9%), and Hot Springs (up from 2.4% to 2.9%) counties. Teton County’s unemployment rate fell from 3.8% in November to 2.4% in December as the start of the ski season boosted employment.

In December, most counties saw unemployment increase from year-ago levels. The largest increases were seen in Carbon (up from 3.0% to 3.8%), Niobrara (up from 2.4% to 3.1%), and Washakie (up from 3.0% to 3.7%) counties. Jobless rates fell in Converse (down from 3.3% to 2.7%), Campbell (down from 3.6% to 3.2%), and Natrona (down from 4.2% to 3.9%) counties.

Sweetwater County posted the highest unemployment rate at 4.2% in December. It was followed by Sublette County at 4.1%, Natrona County at 3.9%, Big Horn County at 3.8%, and Carbon County at 3.8%. The lowest unemployment rates were found in Weston and Teton counties, each at 2.4%.

Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) rose from 280,300 in December 2021 to 285,800 in December 2022, an increase of 5,500 jobs (2.0%).

Research & Planning has scheduled the January unemployment news release for March 14, 2023.


Wyoming Seasonally Adjusted Statewide Labor Force Estimates
                                                                                                Change
                                                                                     Month                    Year
                                  December-22   November-22   December-21     absolute     percent    absolute     percent
Total Civilian Labor Force           290,127       289,414       289,831         713        0.2%         296        0.1%
Employed                             279,487       279,069       278,283         418        0.1%       1,204        0.4%
Unemployed                            10,640        10,345        11,548         295        2.9%        -908       -7.9%
Unemployment Rate                        3.7           3.6           4.0


Definitions:
Employed All persons who, during the reference week, did any work at all as paid employees, worked in their own business, profession, or on their own farm, or worked 15 hours or more as unpaid workers in a family business.
Unemployed All persons who had no employment during the reference week, were available for work, and had made specific efforts to find employment sometime during the 4-week period ending with the reference week.
Labor Force All persons who meet the criteria given above as either employed or unemployed.
Unemployment Rate The number of unemployed as a percent of the labor force.
Seasonal Adjustment A statistical procedure to remove the impact of normal regularly recurring events (such as weather, major holidays, and the opening and closing of schools) from economic time series to better understand changes in economic conditions from month to month.



Note Regarding Tables 1-3 Below

Not seasonally adjusted data reflect the actual economic conditions in a given area for a given time period. These data show the normal seasonal changes that occur in the economy. Most county unemployment rates are higher in the winter months because of seasonal job losses in construction, leisure & hospitality, and many other sectors. Similarly, most county unemployment rates are lower in the summer months as employment increases across the economy. Data users should use caution when comparing not seasonally adjusted data for different months, as at least part of the difference between months may reflect normal seasonal patterns.

In contrast, seasonally adjusted data have been subjected to a statistical procedure to remove the effects of normal changes that occur in the economy each year, such as seasonal hiring in the construction sector, the opening and closing of schools, and holiday hiring by retail trade establishments. There is no expectation that seasonally adjusted unemployment rates will be higher or lower in any particular month, except as the economy expands or contracts. The value of seasonally adjusted data is that it is easy to identify longer-term trends in the data and valid comparisons can be made between any two months in the series.

Research & Planning works in cooperation with the Bureau of Labor Statistics to develop and publish unemployment rates for each county in Wyoming. However, these data are not seasonally adjusted and therefore reflect seasonal changes each month.


Table 1: Wyoming counties not seasonally adjusted unemployment
rates ranked from lowest to highest for December 2022
 
                  
   County                                      Rate*
Teton County, WY                                2.4
Weston County, WY                               2.4
Converse County, WY                             2.7
Crook County, WY                                2.9
Goshen County, WY                               2.9
Hot Springs County, WY                          2.9
Albany County, WY                               3.0
Niobrara County, WY                             3.1
Campbell County, WY                             3.2
Lincoln County, WY                              3.2
Laramie County, WY                              3.3
Sheridan County, WY                             3.4
Wyoming                                         3.4
Johnson County, WY                              3.5
Platte County, WY                               3.6
Fremont County, WY                              3.7
Park County, WY                                 3.7
Uinta County, WY                                3.7
Washakie County, WY                             3.7
Big Horn County, WY                             3.8
Carbon County, WY                               3.8
Natrona County, WY                              3.9
Sublette County, WY                             4.1
Sweetwater County, WY                           4.2

*preliminary


Table 2: Wyoming counties not seasonally adjusted unemployment rates over-the-month rate
changes ranked from lowest to highest for December 2022

                                   Month ago              Over-the-Month   
    County                           rate         Rate*     Rate Change    
Teton County, WY                      3.8          2.4         -1.4
Niobrara County, WY                   2.9          3.1          0.2
Campbell County, WY                   2.9          3.2          0.3
Fremont County, WY                    3.4          3.7          0.3
Goshen County, WY                     2.6          2.9          0.3
Lincoln County, WY                    2.9          3.2          0.3
Natrona County, WY                    3.6          3.9          0.3
Uinta County, WY                      3.4          3.7          0.3
Weston County, WY                     2.1          2.4          0.3
Wyoming                               3.1          3.4          0.3
Albany County, WY                     2.6          3.0          0.4
Carbon County, WY                     3.4          3.8          0.4
Converse County, WY                   2.3          2.7          0.4
Johnson County, WY                    3.1          3.5          0.4
Laramie County, WY                    2.9          3.3          0.4
Park County, WY                       3.3          3.7          0.4
Crook County, WY                      2.4          2.9          0.5
Hot Springs County, WY                2.4          2.9          0.5
Platte County, WY                     3.1          3.6          0.5
Sheridan County, WY                   2.9          3.4          0.5
Sublette County, WY                   3.6          4.1          0.5
Washakie County, WY                   3.2          3.7          0.5
Big Horn County, WY                   3.2          3.8          0.6
Sweetwater County, WY                 3.6          4.2          0.6

*preliminary




Table 3: Wyoming counties not seasonally adjusted unemployment rates over-the-year
changes ranked from lowest to highest for December 2022
 
                                   Year ago                Over-the-Year   
   County                            Rate         Rate*     Rate Change    
Converse County, WY                   3.3          2.7         -0.6
Campbell County, WY                   3.6          3.2         -0.4
Natrona County, WY                    4.2          3.9         -0.3
Weston County, WY                     2.4          2.4          0.0
Hot Springs County, WY                2.8          2.9          0.1
Sublette County, WY                   4.0          4.1          0.1
Teton County, WY                      2.3          2.4          0.1
Uinta County, WY                      3.6          3.7          0.1
Big Horn County, WY                   3.6          3.8          0.2
Wyoming                               3.2          3.4          0.2
Fremont County, WY                    3.4          3.7          0.3
Johnson County, WY                    3.2          3.5          0.3
Sweetwater County, WY                 3.9          4.2          0.3
Crook County, WY                      2.5          2.9          0.4
Goshen County, WY                     2.5          2.9          0.4
Laramie County, WY                    2.9          3.3          0.4
Lincoln County, WY                    2.8          3.2          0.4
Park County, WY                       3.3          3.7          0.4
Sheridan County, WY                   3.0          3.4          0.4
Platte County, WY                     3.1          3.6          0.5
Albany County, WY                     2.4          3.0          0.6
Niobrara County, WY                   2.4          3.1          0.7
Washakie County, WY                   3.0          3.7          0.7
Carbon County, WY                     3.0          3.8          0.8

*preliminary


Wyoming Department of Workforce Services
Research & Planning

January 25, 2023

Contacts:
David Bullard, Senior Economist, 307-473-3810

Carola Cowan, BLS Programs Supervisor, 307-473-3804


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