The Research & Planning section of the Wyoming Department of Workforce Services reported today that total unemployment insurance (UI) covered payroll increased by $181.6 million (6.3%) in third quarter 2011. Employment rose by 3,393 jobs (1.2%) and average weekly wage increased by $40 (5.1%). These increases are all higher than their five-year averages. The mining sector (including oil & gas) added the largest number of new jobs, and much of the growth in other sectors appeared related to oil & gas. In terms of dollars, UI covered payroll represents approximately 91% of all wage and salary disbursements and 43% of personal income in the state (U.S. Bureau of Economic Analysis, 2011). Analysts have noted that “minerals related employment is one of the key predictors of sales and use tax revenue” in Wyoming (CREG 2011, http://eadiv.state.wy.us/creg/GreenCREG_Oct11.pdf). The covered payroll and employment data in this release are tabulated by place of work.
Employment increased in 13 counties and decreased in 10 counties (see Table). Total payroll increased in all but two counties.
Visit our website at http://doe.state.wy.us/LMI/11Q3_QCEW/toc.htm for a complete set of tables.
Employment in Natrona County grew by 1,550 jobs (4.0%) and its total payroll rose by $28.8 million (6.6%). Mining (including oil & gas) posted the largest job gains (631 jobs, or 19.0%). Job growth was also seen in wholesale trade, other services, manufacturing, and accommodation & food services. The largest job losses occurred in federal government.
Sweetwater County added 1,038 jobs (4.3%) and its total payroll increased by $44.8 million (15.3%). The largest job gains occurred in mining (including oil & gas; approximately 650 jobs). Growth was also seen in accommodation & food services, construction, and transportation & warehousing.
Laramie County added 558 jobs (1.3%) and its total payroll rose by $37.3 million (8.9%). The largest job gains occurred in retail trade (181 jobs, or 3.5%), mining (including oil & gas), transportation & warehousing, and construction. Employment decreased slightly in state government, management of companies & enterprises, federal government, and local government.
Employment in Sublette County increased by 414 jobs (7.0%) and its total payroll rose by $11.0 million (13.5%). Mining (including oil & gas) added more than 200 jobs, while smaller gains were seen in transportation & warehousing; real estate, rental & leasing; and administrative & waste services.
Park County employment grew by 343 jobs (2.3%) and its total payroll increased by $7.3 million (5.7%). Job growth occurred in accommodation & food services (nearly 150 jobs), construction (more than 100 jobs), and mining (including oil & gas; approximately 100 jobs).
Albany County added 335 jobs (2.2%) and its total payroll rose by $6.5 million (4.7%). Health care & social assistance posted the largest job gains (more than 100 jobs), while growth was also seen in accommodation & food services, and administrative & waste services.
Teton County gained 175 jobs (0.9%) and its total payroll increased by $3.6 million (2.0%). Accommodation & food services added approximately 100 jobs and construction added more than 50 jobs. Employment decreased slightly in federal government, professional & technical services, and transportation.
Campbell County lost 781 jobs (-2.8%) and its total payroll fell by $1.7 million (-0.5%). Employment fell by approximately 1,600 jobs in construction and approximately 100 jobs in professional & technical services. However, job gains were seen in mining (including oil & gas; approximately 300 jobs), wholesale trade, administrative & waste services, and other services.
Complete covered employment and wages data for 4th Quarter 2011 are scheduled to be released on August 10, 2012.
Wyoming Average Monthly Employment, Total Payroll, and Average Weekly Wage for Third Quarter by County, 2010 and 2011a Average Monthly Employment Total Payroll Average Weekly Wage County Third Quarter Change Third Quarter Change Third Quarter Change 2010 2011 n % 2010 2011 $ % 2010 2011 $ % Total 278,295 281,688 3,393 1.2 $2,866,694,334 $3,048,326,192 $181,631,858 6.3 $792 $832 $40 5.1 Albany 15,015 15,350 335 2.2 $137,111,504 $143,567,845 $6,456,341 4.7 $702 $719 $17 2.4 Big Horn 4,282 4,422 140 3.3 $36,192,045 $38,811,342 $2,619,297 7.2 $650 $675 $25 3.8 Campbell 27,882 27,101 -781 -2.8 $375,709,213 $373,971,940 -$1,737,273 -0.5 $1,037 $1,061 $24 2.3 Carbon 6,797 6,837 40 0.6 $61,360,867 $65,907,594 $4,546,727 7.4 $694 $742 $48 6.9 Converse 5,429 5,516 87 1.6 $54,730,950 $59,920,324 $5,189,374 9.5 $775 $836 $61 7.9 Crook 2,383 2,348 -35 -1.5 $19,876,382 $20,737,649 $861,267 4.3 $642 $679 $37 5.8 Fremont 16,784 16,762 -22 -0.1 $150,429,446 $160,531,285 $10,101,839 6.7 $689 $737 $48 7.0 Goshen 4,411 4,520 109 2.5 $32,769,540 $35,337,579 $2,568,039 7.8 $571 $601 $30 5.3 Hot Springs 2,177 2,184 7 0.3 $17,069,771 $17,940,946 $871,175 5.1 $603 $632 $29 4.8 Johnson 3,398 3,388 -10 -0.3 $25,443,151 $26,954,243 $1,511,092 5.9 $576 $612 $36 6.3 Laramie 42,980 43,538 558 1.3 $418,565,229 $455,896,263 $37,331,034 8.9 $749 $805 $56 7.5 Lincoln 6,178 6,082 -96 -1.6 $58,502,872 $63,070,097 $4,567,225 7.8 $728 $798 $70 9.6 Natrona 38,280 39,830 1,550 4.0 $434,695,410 $463,451,463 $28,756,053 6.6 $874 $895 $21 2.4 Niobrara 870 886 16 1.8 $6,162,859 $6,558,565 $395,706 6.4 $545 $569 $24 4.4 Park 14,976 15,319 343 2.3 $128,072,177 $135,384,223 $7,312,046 5.7 $658 $680 $22 3.3 Platte 3,410 3,400 -10 -0.3 $29,406,545 $32,342,409 $2,935,864 10.0 $663 $732 $69 10.4 Sheridan 13,051 12,973 -78 -0.6 $115,923,581 $118,012,622 $2,089,041 1.8 $683 $700 $17 2.5 Sublette 5,875 6,289 414 7.0 $81,356,507 $92,366,225 $11,009,718 13.5 $1,065 $1,130 $65 6.1 Sweetwater 23,926 24,964 1,038 4.3 $292,947,021 $337,703,392 $44,756,371 15.3 $942 $1,041 $99 10.5 Teton 19,791 19,966 175 0.9 $180,556,677 $184,167,641 $3,610,964 2.0 $702 $710 $8 1.1 Uinta 9,688 8,951 -737 -7.6 $100,667,849 $91,623,571 -$9,044,278 -9.0 $799 $787 -$12 -1.5 Washakie 4,007 3,996 -11 -0.3 $35,594,823 $37,648,266 $2,053,443 5.8 $683 $725 $42 6.1 Weston 2,273 2,254 -19 -0.8 $18,943,143 $19,192,320 $249,177 1.3 $641 $655 $14 2.2 Nonclassified 4,431 4,808 377 8.5 $54,606,772 $67,228,388 $12,621,616 23.1 $948 $1,076 $128 13.5 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: January 2012
Wyoming Department of Workforce Services Research & Planning May 4, 2012 Contact: David Bullard, Senior Economist, 307-473-3810 |