The Research & Planning section of the Wyoming Department of Workforce Services reported today that total unemployment insurance (UI) covered payroll increased by $142.7 million (4.9%) in second quarter 2012. Employment rose by 5,701 jobs (2.1%) and average weekly wage increased by $22 (2.7%). Job growth in second quarter was higher than its five-year average (2.1% compared to 0.1%). Total wages and average weekly wage also grew faster than their five year averages. In terms of dollars, UI covered payroll represents approximately 91.5% of all wage and salary disbursements and 43.8% of personal income in the state (U.S. Bureau of Economic Analysis, 2013). Analysts have noted that “minerals related employment is one of the key predictors of sales and use tax revenue” in Wyoming (CREG 2010).
Despite the recent growth, overall employment remains approximately 6,900 jobs (2.4%) below its second quarter 2008 level. In other words, the state has yet to recoup all the job losses of 2009 and 2010.
Employment increased in 18 counties and fell in five counties (see Table). Total payroll grew in 19 counties and declined in four counties.
Visit our website at http://doe.state.wy.us/LMI/12Q2_QCEW/toc.htm for a complete set of tables.
Natrona County gained 1,686 jobs (4.3%) and its total payroll grew by $36.6 million (8.3%). Sizable job gains occurred in wholesale trade, construction, other services, mining (including oil & gas), and transportation & warehousing. Employment fell in health care & social assistance.
Teton County added 735 jobs (4.5%) and its total payroll grew by $7.4 million (4.8%). The largest job gains occurred in accommodation & food services; construction; arts, entertainment & recreation; and transportation & warehousing.
Campbell County gained 557 jobs (2.0%) and its total payroll rose by $7.4 million (2.0%). Substantial growth was seen in mining (including oil & gas), utilities, local government (including public schools and hospitals), and wholesale trade.
Employment in Park County grew by 501 jobs (3.6%) and its total payroll increased by $9.8 million (8.0%). Growth was seen in construction, accommodation & food services, mining (including oil & gas), and local government (including public schools, colleges, & hospitals).
Converse County added 465 jobs (8.4%) and its total payroll rose by $7.4 million (12.2%). Mining (including oil & gas) added the most jobs. Employment also increased in construction, accommodation & food services, and local government.
Laramie County gained 403 jobs (0.9%) and its total payroll increased by $7.6 million (1.8%). Notable job gains were seen in retail trade, wholesale trade, and mining (including oil & gas). Job losses occurred in manufacturing, federal government, finance & insurance, and state government.
Lincoln County lost 474 jobs (-7.5%) and its total payroll fell by $2.2 million (-3.2%). The largest job losses were seen in construction and mining (including oil & gas). Smaller job losses occurred in accommodation & food services, transportation & warehousing, finance & insurance, and other sectors.
Sublette County lost 70 jobs (-1.2%) and its total payroll fell by $1.7 million (-2.1%). Employment fell in transportation & warehousing, mining (including oil & gas), and wholesale trade.
According to preliminary data, job growth slowed sharply in third quarter. Total payroll rose by $2.7 million (0.1%) and employment increased by 1,649 jobs (0.6%). The largest job gains occurred in local government (including public schools, colleges, & hospitals; approximately 800 jobs), accommodation & food services (approximately 550 jobs), wholesale trade (more than 250 jobs), and other services (approximately 200 jobs). Large job losses were seen in mining (including oil & gas; approximately 450 jobs) and administrative & waste services (approximately 350 jobs).
Detailed covered employment and wages data for 3rd Quarter 2012 are scheduled to be released on May 10, 2013.
Wyoming Average Monthly Employment, Total Payroll, and Average Weekly Wage for Second Quarter by County, 2011 and 2012a
Average Monthly Employment Total Payroll Average Weekly Wage
County Second Quarter Change Second Quarter Change Second Quarter Change
2011 2012 n % 2011 2012 $ % 2011 2012 $ %
Total 275,169 280,870 5,701 2.1 $2,933,492,659 $3,076,205,859 $142,713,200 4.9 $820 $842 $22 2.7
Albany 15,452 15,473 21 0.1 $143,194,764 $145,275,591 $2,080,827 1.5 $713 $722 $9 1.3
Big Horn 4,370 4,353 -17 -0.4 $38,656,247 $41,202,690 $2,546,443 6.6 $680 $728 $48 7.1
Campbell 27,518 28,075 557 2.0 $369,513,236 $376,913,815 $7,400,579 2.0 $1,033 $1,033 $0 0.0
Carbon 6,664 6,995 331 5.0 $64,933,263 $73,048,982 $8,115,719 12.5 $750 $803 $53 7.1
Converse 5,513 5,978 465 8.4 $61,049,576 $68,472,250 $7,422,674 12.2 $852 $881 $29 3.4
Crook 2,377 2,415 38 1.6 $21,090,388 $21,442,241 $351,853 1.7 $683 $683 $0 0.0
Fremont 16,670 16,957 287 1.7 $157,749,732 $164,322,539 $6,572,807 4.2 $728 $745 $17 2.3
Goshen 4,617 4,634 17 0.4 $36,749,709 $37,400,506 $650,797 1.8 $612 $621 $9 1.5
Hot Springs 2,176 2,184 8 0.4 $17,495,669 $18,515,242 $1,019,573 5.8 $618 $652 $34 5.5
Johnson 3,315 3,396 81 2.4 $26,026,055 $28,597,847 $2,571,792 9.9 $604 $648 $44 7.3
Laramie 43,370 43,773 403 0.9 $428,515,956 $436,086,736 $7,570,780 1.8 $760 $766 $6 0.8
Lincoln 6,280 5,806 -474 -7.5 $68,875,353 $66,677,722 -$2,197,631 -3.2 $844 $883 $39 4.6
Natrona 39,187 40,873 1,686 4.3 $439,570,075 $476,207,850 $36,637,775 8.3 $863 $896 $33 3.8
Niobrara 909 939 30 3.3 $7,251,148 $7,861,117 $609,969 8.4 $614 $644 $30 4.9
Park 13,888 14,389 501 3.6 $122,983,596 $132,807,100 $9,823,504 8.0 $681 $710 $29 4.3
Platte 3,772 3,705 -67 -1.8 $41,405,959 $40,654,916 -$751,043 -1.8 $844 $844 $0 0.0
Sheridan 12,935 13,028 93 0.7 $119,239,875 $122,183,071 $2,943,196 2.5 $709 $721 $12 1.7
Sublette 5,762 5,692 -70 -1.2 $82,257,045 $80,537,952 -$1,719,093 -2.1 $1,098 $1,088 -$10 -0.9
Sweetwater 24,667 24,954 287 1.2 $335,234,571 $343,512,072 $8,277,501 2.5 $1,045 $1,059 $14 1.3
Teton 16,174 16,909 735 4.5 $152,723,123 $160,106,961 $7,383,838 4.8 $726 $728 $2 0.3
Uinta 8,934 9,279 345 3.9 $87,029,056 $92,327,131 $5,298,075 6.1 $749 $765 $16 2.1
Washakie 4,035 3,965 -70 -1.7 $36,993,270 $38,811,298 $1,818,028 4.9 $705 $753 $48 6.8
Weston 2,270 2,323 53 2.3 $22,556,781 $21,336,360 -$1,220,421 -5.4 $764 $707 -$57 -7.5
Nonclassified 4,312 4,778 465 10.8 $52,398,212 $81,903,870 $29,505,658 56.3 $935 $1,319 $384 41.1
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: October 2012
| Wyoming Department of Workforce Services Research & Planning February 8, 2013 Contacts: David Bullard, Senior Economist, 307-473-3810 Carola Cowan, BLS Programs Supervisor, 307-473-3804 |