The Research & Planning section of the Wyoming Department of Workforce Services reported today that total unemployment insurance (UI) covered payroll increased by $48.7 million (1.5%) in fourth quarter 2013. Employment rose by 1,507 jobs (0.5%) and average weekly wage increased by $8 (0.9%). In fourth quarter, employment grew faster than its five year average (0.5% compared to -0.4%), total wages grew faster than their five year average (1.5% compared to 1.1%), but average weekly wage grew slower than its five year average (0.9% compared to 1.6%). Job losses in the mining sector (including oil & gas) were smaller than in third quarter (-409 jobs, or -1.5% compared to -729 jobs, or -2.7%). 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, 2014). 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 7,000 jobs (2.4%) below its fourth quarter 2008 level. In short, the state has yet to make up all the job losses of 2009 and 2010.
Visit our website at http://doe.state.wy.us/LMI/13Q4_QCEW/toc.htm for a complete set of tables.
Employment rose in 13 counties and fell in 10 counties (see Table). Total payroll increased in 17 counties and decreased in 6 counties.
Laramie County gained 1,295 jobs (2.9%), but its total payroll fell by $9.0 million (-1.8%). Large job growth was seen in construction, retail trade, transportation & warehousing, accommodation & food services, and other services. The decline in total payroll in retail trade (-$16.6 million, or -30.2%) was related to a large bonus paid in fourth quarter 2012, but not repeated in 2013.
Teton County added 680 jobs (4.2%), but its total payroll fell by $1.7 million (-0.9%). Large job gains were seen in construction, retail trade, accommodation & food services, educational services, and professional & technical services. The decrease in total payroll appears related to the large bonuses that were paid in fourth quarter 2012, but not repeated in 2013. This was seen in management of companies & enterprises and finance & insurance.
Natrona County added 441 jobs (1.1%) and its total payroll rose by $14.2 million (2.6%). Job gains in accommodation & food services, wholesale trade, local government (including public schools & colleges), retail trade, and health care & social assistance were partially offset by job losses in other services and manufacturing.
Employment increased by 401 jobs (5.8%) in Carbon County and its total payroll rose by $10.1 million (13.5%). Sizeable job gains occurred in construction, administrative & waste services, and accommodation & food services.
Sweetwater County lost 675 jobs (-2.7%) and its total payroll fell by $4.6 million (-1.3%). Notable job losses were seen in construction and mining (including oil & gas). Employment increased in real estate & rental & leasing, management of companies & enterprises, and administrative & waste services.
Employment fell by 260 jobs (-2.9%) in Uinta County, but its total payroll rose by $27.9 million (28.9%). Small job losses were seen in many sectors, including construction, mining, accommodation & food services, other services, and local government. Construction payroll increased by $28.6 million.
According to preliminary data, job growth accelerated in first quarter. Total payroll rose by $97.3 million (3.1%) and employment increased by approximately 3,050 jobs (1.1%). Job growth was greatest in construction (approximately 1,200 jobs), accommodation & food services (nearly 600 jobs), transportation & warehousing (approximately 550 jobs), and mining (including oil & gas; approximately 350 jobs). Employment fell in other services (approximately 450 jobs) and state government (approximately 150 jobs).
Detailed covered employment and wages data for First Quarter 2014 are scheduled to be released on November 7, 2014.
Wyoming Average Monthly Employment, Total Payroll, and Average Weekly Wage for Fourth Quarter by County, 2012 and 2013a
Average Monthly Employment Total Payroll Average Weekly Wage
County Fourth Quarter Change Fourth Quarter Change Fourth Quarter Change
2012 2013 n % 2012 2013 $ % 2012 2013 $ %
Total 278,934 280,441 1,507 0.5 $3,294,064,060 $3,342,813,651 $48,749,591 1.5 $908 $917 $8 0.9
Albany 15,506 15,635 129 0.8 $143,212,410 $147,279,108 $4,066,698 2.8 $710 $725 $15 2.1
Big Horn 4,264 4,257 -7 -0.2 $42,407,009 $44,081,303 $1,674,294 3.9 $765 $797 $32 4.2
Campbell 27,693 27,789 96 0.3 $400,281,968 $405,736,249 $5,454,281 1.4 $1,112 $1,123 $11 1.0
Carbon 6,876 7,277 401 5.8 $74,735,631 $84,837,159 $10,101,528 13.5 $836 $897 $61 7.3
Converse 6,007 6,256 249 4.1 $71,323,481 $76,643,686 $5,320,205 7.5 $913 $942 $29 3.2
Crook 2,345 2,287 -58 -2.5 $22,104,717 $22,265,364 $160,647 0.7 $725 $749 $24 3.3
Fremont 16,939 16,751 -188 -1.1 $171,205,065 $175,308,980 $4,103,915 2.4 $777 $805 $28 3.6
Goshen 4,719 4,747 28 0.6 $40,720,869 $41,427,087 $706,218 1.7 $664 $671 $7 1.1
Hot Springs 2,111 2,090 -21 -1.0 $19,309,663 $20,390,684 $1,081,021 5.6 $704 $750 $46 6.5
Johnson 3,310 3,349 39 1.2 $30,762,394 $31,681,806 $919,412 3.0 $715 $728 $13 1.8
Laramie 44,337 45,632 1,295 2.9 $500,163,410 $491,155,767 -$9,007,643 -1.8 $868 $828 -$40 -4.6
Lincoln 5,738 5,667 -71 -1.2 $63,455,165 $65,145,347 $1,690,182 2.7 $851 $884 $33 3.9
Natrona 41,701 42,142 441 1.1 $543,274,087 $557,427,061 $14,152,974 2.6 $1,002 $1,017 $15 1.5
Niobrara 954 1,009 55 5.8 $7,868,998 $9,758,698 $1,889,700 24.0 $634 $744 $110 17.4
Park 13,326 13,167 -159 -1.2 $131,192,759 $132,104,907 $912,148 0.7 $757 $772 $15 2.0
Platte 3,350 3,423 73 2.2 $31,791,588 $33,788,035 $1,996,447 6.3 $730 $759 $29 4.0
Sheridan 12,886 13,143 257 2.0 $136,948,908 $133,343,391 -$3,605,517 -2.6 $818 $780 -$38 -4.6
Sublette 5,240 5,123 -117 -2.2 $81,215,778 $78,798,809 -$2,416,969 -3.0 $1,192 $1,183 -$9 -0.8
Sweetwater 25,227 24,552 -675 -2.7 $361,102,979 $356,529,217 -$4,573,762 -1.3 $1,101 $1,117 $16 1.5
Teton 16,375 17,055 680 4.2 $192,143,397 $190,460,002 -$1,683,395 -0.9 $903 $859 -$44 -4.9
Uinta 9,119 8,859 -260 -2.9 $96,601,100 $124,474,286 $27,873,186 28.9 $815 $1,081 $266 32.6
Washakie 3,971 3,832 -139 -3.5 $39,216,697 $38,664,489 -$552,208 -1.4 $760 $776 $16 2.1
Weston 2,360 2,362 2 0.1 $21,239,702 $21,698,604 $458,902 2.2 $692 $707 $15 2.2
Nonclassified b 4,579 4,038 -541 -11.8 $71,786,285 $59,813,612 -$11,972,673 -16.7 $1,206 $1,139 -$67 -5.5
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: April 2014.
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Wyoming Department of Workforce Services Research & Planning August 7, 2014 Contacts: David Bullard, Senior Economist, 307-473-3810 Carola Cowan, BLS Programs Supervisor, 307-473-3804 |