The Research & Planning section of the Wyoming Department of Employment reported today that third quarter 2009 total unemployment insurance (UI) covered payroll decreased by $255.0 million (-8.5%) compared to third quarter 2008. Mining (including oil & gas) was the largest contributor to this decrease, declining by $120.9 million (-22.0%). 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). On an over-the-year basis, employment fell by 15,980 jobs (-5.4%) and the average weekly wage decreased by $26 (-3.3%). Total payroll is an important economic indicator because it is often associated with consumer spending, retail sales, and sales tax revenue.
The Table shows that employment increased in three counties and decreased in 20. All three counties where employment increased were located in the southeast region of the state.
Albany County added 221 jobs (1.4%) in third quarter and its total payroll grew by $5.3 million (3.9%). Job gains were seen in state government, federal government, agriculture, construction, and health care & social assistance. These job gains were partially offset by job losses in manufacturing, professional & technical services, and accommodation & food services.
Visit our website at http://doe.state.wy.us/LMI/09Q3_QCEW/toc.htm for a complete set of tables.
Platte County gained 81 jobs (2.5%) and its total payroll increased by $1.1 million (4.4%). Modest job gains were seen in agriculture, local government, manufacturing, and other sectors.
In third quarter, employment in Niobrara County grew by 33 jobs (3.9%) and its total payroll increased by $0.7 million (12.8%). Job gains occurred in retail trade, health care & social assistance, and other services. Employment decreased slightly in accommodation & food services and construction.
Natrona County lost 2,835 jobs (-7.0%) and its total payroll fell by $45.3 million (-10.4%). Mining (including oil & gas) had the largest job losses (-1,062 jobs, or -28.0%) and the largest decrease in total payroll. Sizeable job losses also occurred in construction, manufacturing, wholesale trade, and accommodation & food services. Health care & social assistance posted the largest job gains followed by local government.
In Sweetwater County employment fell by 2,520 jobs (-9.7%) and total payroll decreased by $53.1 million (-16.3%). The largest job losses occurred in mining (including oil & gas) and construction. Smaller job losses were reported in many sectors, including wholesale trade, retail trade, transportation & warehousing, professional & technical services, and administrative & waste services.
In third quarter, Teton County lost 1,825 jobs (-8.4%) and its total payroll fell by $28.9 million (-14.1%). Construction posted the largest job losses followed by accommodation & food services and retail trade. Employment increased slightly in local government (including public schools).
For more details on third quarter employment and wages go to http://doe.state.wy.us/LMI/0410/a1.htm
The Wyoming Covered Employment and Wages news release with Fourth Quarter 2009 data is scheduled for August 5, 2010.
Wyoming Average Monthly Employment, Total Payroll, and Average Weekly Wage for Third Quarter by County, 2008 and 2009a Average Monthly Employment Total Payroll Average Weekly Wage County Third Quarter Change Third Quarter Change Third Quarter Change 2008 2009 n % 2008 2009 $ % 2008 2009 $ % Total 293,901 277,920 -15,980 -5.4 $2,985,790,416 $2,730,762,195 -$255,028,221 -8.5 $781 $756 -$26 -3.3 Albany 15,398 15,619 221 1.4 $133,336,958 $138,597,664 $5,260,706 3.9 $666 $683 $17 2.6 Big Horn 4,394 4,184 -210 -4.8 $35,567,086 $33,127,214 -$2,439,872 -6.9 $623 $609 -$14 -2.2 Campbell 29,327 28,603 -724 -2.5 $376,761,137 $365,130,128 -$11,631,009 -3.1 $988 $982 -$6 -0.6 Carbon 7,776 7,021 -755 -9.7 $75,497,424 $61,905,135 -$13,592,289 -18.0 $747 $678 -$69 -9.2 Converse 5,506 5,325 -181 -3.3 $56,335,164 $53,271,795 -$3,063,369 -5.4 $787 $770 -$17 -2.2 Crook 2,405 2,388 -17 -0.7 $19,526,713 $18,787,874 -$738,839 -3.8 $625 $605 -$20 -3.2 Fremont 16,886 16,476 -410 -2.4 $142,777,930 $138,790,860 -$3,987,070 -2.8 $650 $648 -$2 -0.3 Goshen 4,326 4,324 -2 0.0 $30,041,922 $30,389,184 $347,262 1.2 $534 $541 $7 1.3 Hot Springs 2,117 2,113 -4 -0.2 $16,219,266 $15,683,197 -$536,069 -3.3 $589 $571 -$18 -3.1 Johnson 3,785 3,499 -286 -7.6 $31,578,000 $28,350,900 -$3,227,100 -10.2 $642 $623 -$19 -3.0 Laramie 44,347 43,396 -951 -2.1 $414,484,010 $416,876,977 $2,392,967 0.6 $719 $739 $20 2.8 Lincoln 6,556 6,142 -414 -6.3 $59,522,356 $56,195,459 -$3,326,897 -5.6 $698 $704 $6 0.9 Natrona 40,687 37,852 -2,835 -7.0 $436,086,552 $390,800,987 -$45,285,565 -10.4 $824 $794 -$30 -3.6 Niobrara 844 877 33 3.9 $5,578,877 $6,292,649 $713,772 12.8 $508 $552 $44 8.7 Park 15,186 14,894 -292 -1.9 $128,758,505 $123,866,948 -$4,891,557 -3.8 $652 $640 -$12 -1.8 Platte 3,251 3,332 81 2.5 $25,750,825 $26,888,575 $1,137,750 4.4 $609 $621 $12 2.0 Sheridan 14,023 13,260 -763 -5.4 $130,032,546 $117,614,708 -$12,417,838 -9.5 $713 $682 -$31 -4.3 Sublette 5,854 5,480 -374 -6.4 $81,335,666 $69,552,223 -$11,783,443 -14.5 $1,069 $976 -$93 -8.7 Sweetwater 25,918 23,398 -2,520 -9.7 $325,966,117 $272,818,858 -$53,147,259 -16.3 $967 $897 -$70 -7.2 Teton 21,630 19,805 -1,825 -8.4 $205,708,615 $176,800,684 -$28,907,931 -14.1 $732 $687 -$45 -6.1 Uinta 10,675 9,640 -1,035 -9.7 $102,279,933 $89,760,550 -$12,519,383 -12.2 $737 $716 -$21 -2.8 Washakie 4,169 3,999 -170 -4.1 $35,131,484 $33,548,169 -$1,583,315 -4.5 $648 $645 -$3 -0.5 Weston 2,336 2,247 -89 -3.8 $20,357,851 $17,253,756 -$3,104,095 -15.2 $670 $591 -$79 -11.8 Nonclassified b 6,505 4,044 -2,462 -37.8 $97,155,479 $48,457,701 -$48,697,778 -50.1 $1,149 $922 -$227 -19.8 aPreliminary. bThe 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: January 2010.
Wyoming Department of Employment Research & Planning May 7, 2010 Contact: David Bullard, Senior Economist (307) 473-3810 |