From first quarter 2009 to first quarter 2010, total unemployment insurance (UI) covered payroll decreased by $139.8 million (-5.1%). 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). Job losses and declines in total payroll in first quarter were smaller than in the previous two quarters, perhaps suggesting Wyoming’s economy was beginning to stabilize. Indeed, as can be seen in the forthcoming October issue of Wyoming Labor Force Trends, total payroll and average weekly wage have begun to show positive change. 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 and wages decreased in most areas of the state. Three of the six counties where employment increased were located in the southeast region of the state while most oil & gas dependent counties saw substantial job losses.
Goshen County added 180 jobs (4.2%) and its total payroll grew by $2.6 million (8.8%). Job gains in state government, health care & social assistance, and local government were partially offset by job losses in construction.
Visit our website at http://doe.state.wy.us/LMI/10Q1_QCEW/toc.htm for a complete set of tables.
Employment in Platte County increased by 91 jobs (2.8%) and its total payroll grew by $1.7 million (6.5%). Small job gains were seen in health care & social assistance, local government, and accommodation & food services.
Converse County added 84 jobs (1.6%) and its total payroll increased by $0.9 million (1.8%). Employment increased modestly in construction, local government, and mining.
Sweetwater County lost 2,443 jobs (-9.8%) and its total payroll fell by $30.1 million (-9.8%). Mining (including oil & gas) posted the largest job losses, followed by accommodation & food services, construction, transportation & warehousing, and retail trade.
Natrona County lost 2,160 jobs (-5.5%) and its total payroll decreased by $36.3 million (-8.9%). Mining (including oil & gas) posted the largest job losses, followed by other services, wholesale trade, retail trade, and manufacturing. Employment increased substantially in health care & social assistance, federal government, and local government (including public schools and colleges).
Campbell County’s employment fell by 1,726 jobs (-5.9%) and its total payroll decreased by $4.4 million (-1.2%). Notable job losses were seen in mining (including oil & gas), construction, and administrative & waste services.
Laramie County’s employment fell by 1,289 jobs (-3.0%) and its total payroll decreased by $7.9 million (-2.0%). The largest job losses were found in accommodation & food services, construction, and retail trade. Slightly smaller job losses occurred in state government, transportation & warehousing, and manufacturing.
Teton County lost 1,032 jobs (-6.1%) and its total payroll fell by $17.5 million (-10.8%). Employment decreased in construction, accommodation & food services, and retail trade.
For more details on first quarter employment and wages go to http://doe.state.wy.us/LMI/1010/a1.htm
The Wyoming Covered Employment and Wages news release with 2nd Quarter 2010 data is scheduled for February 4, 2011.
Wyoming Average Monthly Employment, Total Payroll, and Average Weekly Wage for First Quarter by County, 2009 and 2010a Average Monthly Employment Total Payroll Average Weekly Wage County First Quarter Change First Quarter Change First Quarter Change 2009 2010 n % 2009 2010 $ % 2009 2010 $ % Total 273,471 260,439 -13,032 -4.8 $2,764,364,307 $2,624,610,365 -$139,753,942 -5.1 $778 $775 -$3 -0.3 Albany 15,555 14,955 -600 -3.9 $129,167,377 $128,242,560 -$924,817 -0.7 $639 $660 $21 3.3 Big Horn 3,913 3,914 1 0.0 $31,330,850 $31,329,575 -$1,275 0.0 $616 $616 $0 0.0 Campbell 29,103 27,377 -1,726 -5.9 $377,348,791 $372,939,243 -$4,409,548 -1.2 $997 $1,048 $51 5.1 Carbon 6,695 6,548 -147 -2.2 $63,142,875 $63,068,433 -$74,442 -0.1 $725 $741 $16 2.2 Converse 5,212 5,296 84 1.6 $52,446,897 $53,400,679 $953,782 1.8 $774 $776 $2 0.3 Crook 2,211 2,189 -22 -1.0 $17,802,075 $17,360,647 -$441,428 -2.5 $619 $610 -$9 -1.5 Fremont 16,227 15,787 -440 -2.7 $138,692,342 $137,122,907 -$1,569,435 -1.1 $657 $668 $11 1.7 Goshen 4,296 4,476 180 4.2 $29,218,006 $31,795,759 $2,577,753 8.8 $523 $546 $23 4.4 Hot Springs 2,030 2,055 25 1.2 $15,001,506 $15,650,791 $649,285 4.3 $568 $586 $18 3.2 Johnson 3,299 3,006 -293 -8.9 $26,280,886 $22,696,498 -$3,584,388 -13.6 $613 $581 -$32 -5.2 Laramie 42,647 41,358 -1,289 -3.0 $396,077,443 $388,129,264 -$7,948,179 -2.0 $714 $722 $8 1.1 Lincoln 6,194 5,704 -490 -7.9 $56,390,565 $54,642,482 -$1,748,083 -3.1 $700 $737 $37 5.3 Natrona 39,020 36,860 -2,160 -5.5 $409,769,807 $373,455,857 -$36,313,950 -8.9 $808 $779 -$29 -3.6 Niobrara 836 860 24 2.9 $5,903,158 $6,093,190 $190,032 3.2 $543 $545 $2 0.4 Park 12,198 12,130 -68 -0.6 $107,584,750 $109,407,388 $1,822,638 1.7 $678 $694 $16 2.4 Platte 3,297 3,388 91 2.8 $26,698,899 $28,432,271 $1,733,372 6.5 $623 $646 $23 3.7 Sheridan 13,133 12,470 -663 -5.0 $117,728,920 $110,000,457 -$7,728,463 -6.6 $690 $679 -$11 -1.6 Sublette 5,689 5,122 -567 -10.0 $84,581,545 $69,926,862 -$14,654,683 -17.3 $1,144 $1,050 -$94 -8.2 Sweetwater 24,858 22,415 -2,443 -9.8 $307,031,820 $276,954,311 -$30,077,509 -9.8 $950 $950 $0 0.0 Teton 16,859 15,827 -1,032 -6.1 $162,497,395 $144,959,629 -$17,537,766 -10.8 $741 $705 -$36 -4.9 Uinta 9,624 8,856 -768 -8.0 $99,867,169 $91,058,306 -$8,808,863 -8.8 $798 $791 -$7 -0.9 Washakie 3,873 3,794 -79 -2.0 $32,250,881 $31,135,843 -$1,115,038 -3.5 $641 $631 -$10 -1.6 Weston 2,268 2,261 -7 -0.3 $17,966,965 $17,788,993 -$177,972 -1.0 $609 $605 -$4 -0.7 Nonclassified b 4,433 3,792 -641 -14.5 $59,583,385 $49,018,420 -$10,564,965 -17.7 $1,034 $994 -$40 -3.8 a preliminary b 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: July 2010
Wyoming Department of Employment Research & Planning November 5, 2010 Contacts: David Bullard, Senior Economist, 307-473-3810 Carola Cowan, BLS Programs Supervisor, 307-473-3804 |