The Research & Planning section of the Wyoming Department of Workforce Services reported today that total unemployment insurance (UI) covered payroll increased by $65.7 million (2.1%) in third quarter 2013. Employment rose by 1,269 jobs (0.4%) and average weekly wage increased by $14 (1.7%). In third quarter, employment grew faster than its five year average (0.4% compared to -0.6%), total wages grew faster than their five-year average (2.1% compared to 1.1%), and average weekly wage grew marginally faster than its five year average (1.7% compared to 1.6%). Job losses in the mining sector (including oil & gas; -729 jobs, or -2.7%) were much smaller than in second quarter (-1,469 jobs, or -5.3%) and overall job growth was slightly better than in second quarter. 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 remained approximately 8,450 jobs (2.9%) below its third quarter 2008 level. In short, the state has yet to make up all the job losses of 2009 and 2010.
Construction employment increased statewide (134 jobs, or 0.6%), in Natrona County (209 jobs, or 6.7%), and in Laramie County (690 jobs, or 22.6%).
Visit our website at http://doe.state.wy.us/LMI/13Q3_QCEW/toc.htm for a complete set of tables.
Employment rose in 12 counties and fell in 11 counties (see Table). Total payroll increased in 21 counties and decreased in only two counties.
Laramie County added 1,583 jobs (3.6%), which was the largest increase of any county. Total payroll grew by $26.4 million (5.8%), also the largest increase in the state. Notable job gains were seen in construction, retail trade, professional & technical services, and accommodation & food services.
Teton County added 872 jobs (4.3%) and its total payroll rose by $7.5 million (4.0%). Job growth was seen in retail trade; construction; administrative & waste services; arts, entertainment & recreation; and health care & social assistance.
Natrona County gained 717 jobs (1.7%) and its total payroll rose by $11.8 million (2.4%). The largest job growth occurred in accommodation & food services, construction, health care & social assistance, and wholesale trade. Job losses were seen in other services and manufacturing.
Carbon County gained 222 jobs (3.1%) and its total payroll increased by $5.0 million (6.9%). Several sectors added jobs, including construction, health care & social assistance, transportation & warehousing, and accommodation & food services.
Park County lost 427 jobs (-2.7%), but its total payroll rose by $6.3 million (4.7%). Employment fell in retail trade, construction, federal government, health care & social assistance, and accommodation & food services.
Employment fell by 369 jobs (-1.3%) in Campbell County, but total payroll increased by $4.0 million (1.1%). The largest job losses occurred in coal mining (more than 400 jobs) and employment also fell in construction, other services, and administrative & waste services. Job gains were seen in accommodation & food services, local government, and manufacturing.
According to preliminary data, job growth remained modest in fourth quarter. Total payroll rose by $48.7 million (1.5%) and employment increased by approximately 1,500 jobs (0.5%). Job growth was greatest in accommodation & food services (approximately 400 jobs), retail trade (approximately 350 jobs), construction (approximately 350 jobs), transportation & warehousing (approximately 250 jobs), and real estate & rental & leasing (approximately 250 jobs). Employment fell in other services (nearly 500 jobs) and mining (including oil & gas; approximately 400 jobs).
Detailed covered employment and wages data for Fourth Quarter 2013 are scheduled to be released on August 7, 2014.
Wyoming Average Monthly Employment, Total Payroll, and Average Weekly Wage for Third Quarter by County, 2012 and 2013a
Average Monthly Employment Total Payroll Average Weekly Wage
County Third Quarter Change Third Quarter Change Third Quarter Change
2012 2013 n % 2012 2013 $ % 2012 2013 $ %
Total 284,180 285,450 1,269 0.4 $3,060,122,560 $3,125,831,216 $65,708,656 2.1 $828 $842 $14 1.7
Albany 15,228 15,267 39 0.3 $140,026,406 $141,492,685 $1,466,279 1.0 $707 $713 $6 0.8
Big Horn 4,324 4,338 14 0.3 $38,153,797 $39,491,951 $1,338,154 3.5 $679 $700 $21 3.1
Campbell 27,499 27,130 -369 -1.3 $367,608,803 $371,566,993 $3,958,190 1.1 $1,028 $1,054 $26 2.5
Carbon 7,111 7,333 222 3.1 $71,650,075 $76,625,166 $4,975,091 6.9 $775 $804 $29 3.7
Converse 5,881 5,985 104 1.8 $64,846,346 $68,104,213 $3,257,867 5.0 $848 $875 $27 3.2
Crook 2,376 2,321 -55 -2.3 $21,183,137 $22,086,978 $903,841 4.3 $686 $732 $46 6.7
Fremont 16,908 16,721 -187 -1.1 $163,087,956 $163,352,647 $264,691 0.2 $742 $751 $9 1.2
Goshen 4,551 4,449 -102 -2.2 $35,544,200 $36,422,101 $877,901 2.5 $601 $630 $29 4.8
Hot Springs 2,174 2,186 12 0.6 $17,599,864 $18,879,816 $1,279,952 7.3 $623 $664 $41 6.6
Johnson 3,424 3,483 59 1.7 $27,379,734 $29,443,575 $2,063,841 7.5 $615 $650 $35 5.7
Laramie 44,057 45,640 1,583 3.6 $456,020,440 $482,429,487 $26,409,047 5.8 $796 $813 $17 2.1
Lincoln 5,692 5,716 24 0.4 $56,309,862 $57,317,703 $1,007,841 1.8 $761 $771 $10 1.3
Natrona 41,256 41,973 717 1.7 $483,227,857 $495,036,929 $11,809,072 2.4 $901 $907 $6 0.7
Niobrara 925 924 -1 -0.1 $6,634,532 $7,214,134 $579,602 8.7 $552 $601 $49 8.9
Park 15,549 15,122 -427 -2.7 $133,772,441 $140,106,235 $6,333,794 4.7 $662 $713 $51 7.7
Platte 3,242 3,455 213 6.6 $29,980,952 $33,568,584 $3,587,632 12.0 $711 $747 $36 5.1
Sheridan 12,977 13,134 157 1.2 $118,289,640 $120,795,968 $2,506,328 2.1 $701 $707 $6 0.9
Sublette 5,422 5,240 -182 -3.4 $71,995,274 $74,061,954 $2,066,680 2.9 $1,021 $1,087 $66 6.5
Sweetwater 24,914 24,689 -225 -0.9 $336,023,358 $347,185,177 $11,161,819 3.3 $1,037 $1,082 $45 4.3
Teton 20,197 21,069 872 4.3 $188,613,277 $196,131,991 $7,518,714 4.0 $718 $716 -$2 -0.3
Uinta 9,084 8,924 -160 -1.8 $90,816,710 $89,204,053 -$1,612,657 -1.8 $769 $769 $0 0.0
Washakie 3,974 3,884 -90 -2.3 $37,409,608 $36,694,731 -$714,877 -1.9 $724 $727 $3 0.4
Weston 2,300 2,296 -4 -0.2 $19,936,171 $20,322,892 $386,721 1.9 $667 $681 $14 2.1
Nonclassified 5,114 4,171 -942 -18.4 $84,012,120 $58,295,253 -$25,716,867 -30.6 $1,264 $1,075 -$189 -14.9
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 2014.
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Department of Workforce Services Research & Planning May 2, 2014 Contacts: David Bullard, Senior Economist, 307-473-3810 Carola Cowan, BLS Programs Supervisor, 307-473-3804 |