The Research & Planning section of the Wyoming Department of Workforce Services reported today that total unemployment insurance (UI) covered payroll increased by $2.7 million (0.1%) in third quarter 2012. Employment rose by 1,649 jobs (0.6%) and average weekly wage decreased by $4 (-0.5%). In third quarter, total wages and average weekly wage grew at a much slower pace 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 10,000 jobs (3.4%) below its third quarter 2008 level. In other words, the state has yet to recoup all the job losses of 2009 and 2010. Job growth slowed sharply from 2.2% in second quarter to 0.6% in third quarter. Total payroll growth also fell dramatically in third quarter, decreasing from 4.8% to 0.1%.
Employment increased in 13 counties and decreased in 10 counties (see Table). Total payroll rose in 10 counties and fell in 13 counties.
Visit our website at http://doe.state.wy.us/LMI/12Q3_QCEW/toc.htm for a complete set of tables.
Natrona County added 1,351 jobs (3.4%) and its total payroll grew by $19.4 million (4.2%). Large job gains were seen in construction, wholesale trade, other services, and accommodation & food services.
Laramie County gained 423 jobs (1.0%), but its total payroll decreased by $2.1 million (-0.5%). Job growth was seen in other services, wholesale trade, and construction. A number of sectors were affected by job losses, including manufacturing, federal government, and professional & technical services.
Converse County added 302 jobs (5.5%) and its total payroll rose by $4.3 million (7.1%). The largest job gains occurred in mining (including oil & gas), accommodation & food services, and construction.
Employment grew by 283 jobs (1.0%) in Campbell County but its total payroll fell by $8.5 million (-2.3%). Local government (including public schools, colleges, & hospitals) added more than 200 jobs. Total payroll decreased in mining and construction.
Park County gained 268 jobs (1.7%) but its total payroll fell by $1.3 million (-1.0%). Modest job gains were seen in many sectors, such as local government, information, and health care & social assistance
Carbon County added 248 jobs (3.6%) and its total payroll rose by $5.5 million (8.3%). The construction sector grew by more than 200 jobs.
Teton County gained 173 jobs (0.9%) and its total payroll increased by $3.2 million (1.7%). Growth was seen in a number of sectors, such as accommodation & food services, professional & technical services, health care & social assistance, and transportation & warehousing.
Sublette County lost 865 jobs (-13.8%) and its total payroll fell by $20.4 million (-22.1%). Mining (including oil & gas) lost nearly 500 jobs, construction lost approximately 250 jobs, and transportation & warehousing lost approximately 100 jobs. Payrolls fell in mining and construction.
According to preliminary data, job growth remained weak in fourth quarter. Total payroll rose by $127.7 million (4.0%) and employment increased by 866 jobs (0.3%). The largest job gains occurred in accommodation & food services (approximately 800 jobs), local government (including public schools, colleges, & hospitals; approximately 750 jobs), retail trade (more than 300 jobs), and health care & social assistance (more than 200 jobs). Large job losses were seen in mining (including oil & gas; nearly 1,300 jobs) and administrative & waste services (nearly 400 jobs).
Detailed covered employment and wages data for 4th Quarter 2012 are scheduled to be released on August 30, 2013.
Wyoming Average Monthly Employment, Total Payroll, and Average Weekly Wage for Third Quarter by County, 2011 and 2012a
Average Monthly Employment Total Payroll Average Weekly Wage
County Third Quarter Change Third Quarter Change Third Quarter Change
2011 2012 n % 2011 2012 $ % 2011 2012 $ %
Total 282,231 283,880 1,649 0.6 $3,053,914,162 $3,056,627,056 $2,712,894 0.1 $832 $828 -$4 -0.5
Albany 15,321 15,216 -105 -0.7 $143,482,983 $140,457,575 -$3,025,408 -2.1 $720 $710 -$10 -1.4
Big Horn 4,438 4,333 -105 -2.4 $38,929,711 $37,979,593 -$950,118 -2.4 $675 $674 -$1 -0.1
Campbell 27,168 27,451 283 1.0 $375,730,224 $367,243,007 -$8,487,217 -2.3 $1,064 $1,029 -$35 -3.3
Carbon 6,883 7,131 248 3.6 $66,351,744 $71,882,529 $5,530,785 8.3 $742 $775 $33 4.4
Converse 5,537 5,839 302 5.5 $60,100,058 $64,368,966 $4,268,908 7.1 $835 $848 $13 1.6
Crook 2,370 2,382 12 0.5 $20,784,549 $21,221,455 $436,906 2.1 $675 $685 $10 1.5
Fremont 16,838 16,898 60 0.4 $160,574,038 $162,583,205 $2,009,167 1.3 $734 $740 $6 0.8
Goshen 4,533 4,528 -5 -0.1 $35,438,135 $35,529,000 $90,865 0.3 $601 $604 $3 0.5
Hot Springs 2,189 2,163 -26 -1.2 $17,952,134 $17,578,400 -$373,734 -2.1 $631 $625 -$6 -1.0
Johnson 3,393 3,435 42 1.2 $26,961,616 $27,681,549 $719,933 2.7 $611 $620 $9 1.5
Laramie 43,566 43,989 423 1.0 $456,356,981 $454,286,294 -$2,070,687 -0.5 $806 $794 -$12 -1.5
Lincoln 6,147 5,698 -449 -7.3 $63,651,537 $56,286,176 -$7,365,361 -11.6 $797 $760 -$37 -4.6
Natrona 39,835 41,186 1,351 3.4 $463,873,544 $483,274,207 $19,400,663 4.2 $896 $903 $7 0.8
Niobrara 898 924 26 2.9 $6,667,039 $6,657,978 -$9,061 -0.1 $571 $554 -$17 -3.0
Park 15,328 15,596 268 1.7 $135,482,694 $134,152,343 -$1,330,351 -1.0 $680 $662 -$18 -2.6
Platte 3,403 3,232 -171 -5.0 $32,324,389 $29,979,699 -$2,344,690 -7.3 $731 $714 -$17 -2.3
Sheridan 13,021 12,975 -46 -0.4 $118,044,361 $118,605,136 $560,775 0.5 $697 $703 $6 0.9
Sublette 6,274 5,409 -865 -13.8 $92,332,741 $71,955,568 -$20,377,173 -22.1 $1,132 $1,023 -$109 -9.6
Sweetwater 24,969 24,866 -103 -0.4 $337,721,870 $335,255,704 -$2,466,166 -0.7 $1,040 $1,037 -$3 -0.3
Teton 20,008 20,181 173 0.9 $184,573,391 $187,795,916 $3,222,525 1.7 $710 $716 $6 0.8
Uinta 9,017 9,078 61 0.7 $91,668,368 $90,815,826 -$852,542 -0.9 $782 $770 -$12 -1.5
Washakie 3,998 3,970 -28 -0.7 $37,850,736 $37,291,391 -$559,345 -1.5 $728 $723 -$5 -0.7
Weston 2,254 2,306 52 2.3 $19,168,312 $19,926,847 $758,535 4.0 $654 $665 $11 1.7
Nonclassified 4,843 5,094 251 5.2 $67,893,007 $83,818,692 $15,925,685 23.5 $1,078 $1,266 $187 17.4
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 2013
| Wyoming Department of Workforce Services Research & Planning May 10, 2013 Contacts: David Bullard, Senior Economist, 307-473-3810 Carola Cowan, BLS Programs Supervisor, 307-473-3804 |