In fourth quarter 2005, total Unemployment Insurance (UI) covered payroll grew by $206 million or 9.9%, much higher than its five-year average (6.2%). UI covered payroll represents approximately 92% of all wage and salary disbursements in the state and 45% of personal income. Wyoming’s average weekly wage increased by $37 or 5.8%, also above its five-year average (3.9%) and employment rose at a faster-than-average pace (4.0% in fourth quarter compared to average growth of 2.3%). Job growth occurred in 22 of Wyoming’s 23 counties (see Table below).
Campbell County added 2,258 jobs (or 10.4%) in fourth quarter. Employment increased in practically all sectors, but was strongest in Mining (especially coal mining and oil & gas extraction), Construction, Wholesale Trade, Retail Trade, and Transportation & Warehousing.
Laramie County added 1,396 jobs or 3.5% in fourth quarter. Local Government (including public schools and hospitals) gained over 300 jobs. Construction employment grew rapidly, adding almost 300 jobs. Modest job losses were seen in Information; Finance & Insurance; Real Estate & Rental & Leasing; Arts, Entertainment & Recreation; Accommodation & Food Services; Other Services; and Federal Government. Total payroll grew by $20.4 million or 6.3%, and Local Government (including public schools, colleges, and hospitals) was the largest contributor to the increase.
Sweetwater County gained 1,361 jobs or 6.5%. Employment growth was fastest in Mining (including oil & gas), Construction, and Transportation & Warehousing.
Natrona County added 1,011 jobs or 2.8% in fourth quarter. Mining employment (including oil & gas) increased by about 400 jobs. Manufacturing and Local Government each gained over 100 jobs. Employment fell slightly in Professional & Technical Services, Private Educational Services, Health Care & Social Assistance, and Federal Government. Natrona County’s total payroll increased by $34.5 million or 10.9%, with about one-third of the growth coming from the Mining sector.
Teton County employment grew by 698 jobs or 4.5%. Notable job gains were seen in Construction; Retail Trade; Private Educational Services; and Arts, Entertainment & Recreation.
Sublette County kept its place as the fastest growing county by adding 572 jobs (17.9%). The largest job gains were in Mining and Construction, but growth occurred throughout most sectors.
Park County lost 3 jobs (0.0%) in fourth quarter. Employment fell slightly in Construction, Manufacturing, Transportation & Warehousing, Administrative & Waste Services, and Accommodation & Food Services, but grew in most other sectors.
Visit our website at http://doe.state.wy.us/LMI/05Q4_QCEW/toc.htm for a complete set of tables.
The Wyoming Covered Employment and Wages news release with First Quarter 2006 data is scheduled to be issued on December 8, 2006.
Wyoming Average Monthly Employment, Total Payroll, and Average Weekly Wage for Fourth Quarter by County, 2004 and 2005 Average Monthly Employment Total Payroll Average Weekly Wage County Fourth Quarter Change Fourth Quarter Change Fourth Quarter Change 2004 2005 # % 2004 2005 $ % 2004 2005 $ % Total 248,966 258,820 9,854 4.0 $2,074,503,790 $2,280,689,493 $206,185,703 9.9 $641 $678 $37 5.8 Albany 17,028 17,287 259 1.5 $110,595,232 $115,666,006 $5,070,774 4.6 $500 $515 $15 3.0 Big Horn 4,360 4,531 171 3.9 $33,257,111 $35,596,490 $2,339,379 7.0 $587 $604 $18 3.0 Campbell 21,619 23,876 2,258 10.4 $236,421,410 $278,324,381 $41,902,971 17.7 $841 $897 $55 6.6 Carbon 6,312 6,529 218 3.4 $45,442,513 $51,278,392 $5,835,879 12.8 $554 $604 $50 9.1 Converse 4,593 4,787 194 4.2 $37,896,514 $40,083,460 $2,186,946 5.8 $635 $644 $9 1.5 Crook 2,079 2,144 64 3.1 $14,958,514 $16,716,328 $1,757,814 11.8 $553 $600 $46 8.4 Fremont 14,973 15,428 455 3.0 $103,871,028 $114,108,678 $10,237,650 9.9 $534 $569 $35 6.6 Goshen 4,076 4,152 76 1.9 $24,724,865 $26,612,096 $1,887,231 7.6 $467 $493 $26 5.7 Hot Springs 1,849 1,859 9 0.5 $11,906,022 $12,860,399 $954,377 8.0 $495 $532 $37 7.5 Johnson 3,054 3,189 135 4.4 $19,636,132 $22,041,678 $2,405,546 12.3 $495 $532 $37 7.5 Laramie 39,718 41,113 1,396 3.5 $325,371,777 $345,741,607 $20,369,830 6.3 $630 $647 $17 2.7 Lincoln 5,814 5,961 147 2.5 $46,003,363 $47,405,157 $1,401,794 3.0 $609 $612 $3 0.5 Natrona 36,186 37,197 1,011 2.8 $316,722,279 $351,239,310 $34,517,031 10.9 $673 $726 $53 7.9 Niobrara 755 759 4 0.5 $4,229,916 $4,695,395 $465,479 11.0 $431 $476 $45 10.4 Park 12,253 12,251 -3 0.0 $85,398,269 $89,882,727 $4,484,458 5.3 $536 $564 $28 5.3 Platte 3,291 3,299 8 0.2 $24,429,561 $25,420,915 $991,354 4.1 $571 $593 $22 3.8 Sheridan 11,916 12,290 374 3.1 $90,136,402 $99,906,603 $9,770,201 10.8 $582 $625 $43 7.5 Sublette 3,194 3,766 572 17.9 $28,408,431 $38,703,961 $10,295,530 36.2 $684 $790 $106 15.5 Sweetwater 21,078 22,438 1,361 6.5 $218,074,040 $252,798,375 $34,724,335 15.9 $796 $867 $71 8.9 Teton 15,518 16,216 698 4.5 $141,333,479 $144,562,196 $3,228,717 2.3 $701 $686 -$15 -2.1 Uinta 8,735 9,143 408 4.7 $66,141,410 $72,598,371 $6,456,961 9.8 $582 $611 $28 4.9 Washakie 3,792 3,900 109 2.9 $28,738,503 $29,791,711 $1,053,208 3.7 $583 $588 $5 0.8 Weston 2,194 2,251 57 2.6 $14,353,097 $15,343,177 $990,080 6.9 $503 $524 $21 4.2 Nonclassified* 4,582 4,454 -128 -2.8 $46,453,922 $49,312,080 $2,858,158 6.2 $780 $852 $72 9.2 Preliminary *The employer may be located statewide or in more than one county. 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 2006
Wyoming Department of Employment Research & Planning September 8, 2006 Contact: David Bullard, Senior Economist (307) 473-3810 |