Research & Planning
August 31, 2007
Contact: David Bullard, Senior Economist
(307) 473-3810
From fourth quarter 2005 to fourth quarter 2006, total Unemployment Insurance (UI) covered payroll grew by $383.6 million or 16.8%, twice as fast as its five-year average (8.3%). UI covered payroll represents approximately 92% of all wage and salary disbursements and 45% of personal income in the state (U.S. Bureau of Economic Analysis, 2007). Average weekly wage rose by $77 or 11.3%, much faster than its five year average (5.6%). Employment increased by 12,692 jobs or 4.9%.
Total payroll increased in every county, with the increases ranging from 3.7% in Platte County to 41.0% in Sublette County (see Table). Employment increased in all but four counties (Albany, Converse, Washakie, and Weston), suggesting widespread growth throughout the state.
Campbell County’s total payroll increased by $62.0 million or 22.2%. Employment rose by 2,443 jobs or 10.2%. Substantial job gains were seen in Mining (including oil & gas, about 500 jobs), Construction (about 500 jobs), and Retail Trade (about 300 jobs). Employment also rose in Manufacturing, Wholesale Trade, Transportation & Warehousing, Accommodation & Food Services, Other Services, and Local Government.
In fourth quarter Sweetwater County added 2,026 jobs (9.0%) and its total payroll increased by $49.6 million (19.6%). Mining (including oil & gas) created the largest number of new jobs (over 800) followed by Other Services (over 300). Strong job growth was also seen in Construction, Wholesale Trade, Transportation & Warehousing, Professional & Technical Services, and Administrative & Waste Services.
Natrona County added 1,616 jobs (4.3%) and its total payroll increased by $56.8 million (16.1%). The largest job gains were found in Mining (including oil & gas), Construction, Accommodation & Food Services, and Other Services. The largest increases in total payroll were in Mining, Local Government, and Wholesale Trade. Employment fell in Administrative & Waste Services, Information, Private Educational Services, Federal Government, and State Government.
Laramie County’s total payroll increased by $26.8 million or 7.8% and employment rose by 935 jobs or 2.3%. Notable job gains were seen in Transportation & Warehousing, Accommodation & Food Services, Construction, Health Care & Social Assistance, and Local Government. Job losses occurred in Retail Trade, Federal Government, and Finance & Insurance.
Carbon County added 860 jobs or 13.1% and its total payroll increased by $18.0 million or 35.2%. Construction created the largest number of new jobs (over 500), but growth also occurred in Mining, Manufacturing, and Transportation & Warehousing.
Albany County’s employment fell by 216 jobs or 1.4%. Its total payroll, however, increased by $6.8 million or 5.9%. Job losses in State Government, Local Government, and Retail Trade were partially offset by gains in Construction, Manufacturing, and Professional & Technical Services.
In Converse County employment decreased by 33 jobs or 0.7%. Total payroll rose by $6.0 million or 14.9%. Modest job losses occurred in Manufacturing, Transportation & Warehousing, Health Care & Social Assistance, and Local Government. Employment increased in Mining and Construction.
Washakie County’s total payroll increased by $2.2 million or 7.5%, but employment fell by 44 jobs (-1.1%). Employment fell marginally in a number of sectors including Agriculture, Construction, Retail Trade, Health Care & Social Assistance, and Accommodation & Food Services.
Employment fell by 91 jobs or 4.0% in Weston County during fourth quarter, but total payroll increased by $1.3 million or 8.7%. Job losses were seen in Mining and Accommodation & Food Services.
Visit our website at http://doe.state.wy.us/LMI/06Q4_QCEW/toc.htm for a complete set of tables.
The Wyoming Covered Employment and Wages news release with 1st Quarter 2007 data is scheduled to be issued on November 9, 2007.
Wyoming Average Monthly Employment, Total Payroll, and Average Weekly Wage for Fourth Quarter by County, 2005 and 2006
Average Monthly Employment Total Payroll Average Weekly Wage
County Fourth Quarter Change Fourth Quarter Change Fourth Quarter Change
2005 2006 # % 2005 2006 $ % 2005 2006 $ %
Total 257,490 270,182 12,692 4.9 $2,283,976,604 $2,667,554,458 $383,577,854 16.8 $682 $759 $77 11.3
Albany 15,566 15,351 -216 -1.4 $115,656,749 $122,449,781 $6,793,032 5.9 $572 $614 $42 7.4
Big Horn 4,524 4,666 142 3.1 $35,598,413 $41,341,385 $5,742,972 16.1 $605 $682 $76 12.6
Campbell 23,962 26,405 2,443 10.2 $279,692,506 $341,724,784 $62,032,278 22.2 $898 $996 $98 10.9
Carbon 6,556 7,416 860 13.1 $51,319,308 $69,363,321 $18,044,013 35.2 $602 $719 $117 19.5
Converse 4,783 4,750 -33 -0.7 $40,097,994 $46,088,855 $5,990,861 14.9 $645 $746 $101 15.7
Crook 2,149 2,323 174 8.1 $16,749,688 $19,199,209 $2,449,521 14.6 $600 $636 $36 6.0
Fremont 15,435 15,696 261 1.7 $114,233,291 $130,984,289 $16,750,998 14.7 $569 $642 $73 12.8
Goshen 4,149 4,326 177 4.3 $26,611,546 $29,214,892 $2,603,346 9.8 $493 $519 $26 5.3
Hot Springs 1,863 1,931 68 3.7 $12,877,430 $13,993,273 $1,115,843 8.7 $532 $558 $26 4.8
Johnson 3,191 3,375 183 5.7 $22,088,702 $28,126,728 $6,038,026 27.3 $532 $641 $109 20.4
Laramie 41,134 42,069 935 2.3 $345,914,548 $372,755,543 $26,840,995 7.8 $647 $682 $35 5.4
Lincoln 5,968 6,767 798 13.4 $47,431,683 $65,071,397 $17,639,714 37.2 $611 $740 $128 21.0
Natrona 37,299 38,915 1,616 4.3 $352,138,560 $408,938,035 $56,799,475 16.1 $726 $808 $82 11.3
Niobrara 760 812 52 6.8 $4,698,834 $5,261,397 $562,563 12.0 $475 $498 $23 4.8
Park 12,281 12,485 204 1.7 $90,002,788 $101,299,015 $11,296,227 12.6 $564 $624 $60 10.7
Platte 3,304 3,376 71 2.2 $25,428,256 $26,365,302 $937,046 3.7 $592 $601 $9 1.5
Sheridan 12,305 13,134 830 6.7 $100,002,389 $115,484,056 $15,481,667 15.5 $625 $676 $51 8.2
Sublette 3,781 4,420 639 16.9 $38,753,254 $54,640,976 $15,887,722 41.0 $788 $951 $162 20.6
Sweetwater 22,442 24,468 2,026 9.0 $252,908,126 $302,520,176 $49,612,050 19.6 $867 $951 $84 9.7
Teton 16,205 16,653 448 2.8 $144,985,776 $164,852,594 $19,866,818 13.7 $688 $761 $73 10.6
Uinta 9,199 9,780 581 6.3 $73,712,717 $87,738,694 $14,025,977 19.0 $616 $690 $74 12.0
Washakie 3,933 3,889 -44 -1.1 $29,888,001 $32,131,444 $2,243,443 7.5 $585 $636 $51 8.7
Weston 2,267 2,176 -91 -4.0 $15,355,830 $16,686,023 $1,330,193 8.7 $521 $590 $69 13.2
Nonclassified* 4,433 5,001 568 12.8 $47,830,215 $71,323,289 $23,493,074 49.1 $830 $1,097 $267 32.2
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 2007
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Wyoming Department of Employment Research & Planning August 31, 2007 Contact: David Bullard, Senior Economist (307) 473-3810 |