Wyoming Labor Force Trends

Small Businesses Play a Big Role in Wyoming's Economy

by: Sherry Wen, Senior Economist

See Related Article

Tables 1, 2
Figures 1, 1a, 2, 2a, 3, 3a
Note: Due to space considerations, Figures 1a, 2a, and 3a do not appear in the printed version of this article.

Table 1: Wyoming Employers by Firm Size in 2011

Group	Number of Employees per Firm	Wyoming Firms
		N	%
Micro Sized	1-3	10,237	51.5%
Small Sized	4-8	4,764	24.0%
Medium Sized	9-49	4,069	20.5%
Mid-Large	50-100	421	2.1%
Large Sized	More than 100	394	2.0%
Total		19,885	100.0%

 

 

 

 

Table 2: Wyoming 2011's UI Covered Employers, Employment, Wages, and Unemployment Insurance Tax by Industry and Firm Size

Industry	Firm Size	Number of Employers		Average Annual Employment		Total Annual Wages		Average Annual Wage	Annual Taxable Wages		Annual Unemployment Insurance Contributions
	N	N	%	N	%	$	%	$	$	%	$	%
Natural Resources & Mining	1-3	590	44.0%	1,038	3.5%	44,690,616	2.0%	43,055	24,271,740	3.2%	643,443	2.6%
	4-8	352	26.2%	1,971	6.6%	81,390,996	3.6%	41,294	44,819,398	5.8%	1,351,996	5.4%
	9-49	302	22.5%	5,319	17.9%	342,250,342	15.2%	64,345	141,227,617	18.3%	4,983,886	19.8%
	50-100	46	3.4%	3,266	11.0%	244,461,690	10.8%	74,850	87,486,567	11.4%	3,282,449	13.0%
	>= 101	51	3.8%	18,046	60.9%	1,545,243,861	68.4%	85,628	471,950,644	61.3%	14,949,355	59.3%
	Total:	1,341	100.0%	29,640	100.0%	2,258,037,505	100.0%	76,182	769,755,966	100.0%	25,211,129	100.0%
Construction	1-3	1,686	57.2%	2,921	13.8%	91,649,796	9.0%	31,376	62,936,248	10.9%	2,588,203	8.9%
	4-8	715	24.3%	3,872	18.3%	141,475,944	14.0%	36,538	91,549,625	15.8%	3,854,981	13.2%
	9-49	495	16.8%	8,761	41.4%	426,951,428	42.1%	48,733	238,277,076	41.1%	11,755,453	40.2%
	50-100	34	1.2%	2,342	11.1%	153,030,904	15.1%	65,342	84,787,064	14.6%	4,689,728	16.1%
	>= 101	18	0.6%	3,246	15.4%	200,509,453	19.8%	61,771	102,186,009	17.6%	6,321,254	21.6%
	Total:	2,948	100.0%	21,142	100.0%	1,013,617,525	100.0%	47,943	579,736,022	100.0%	29,209,619	100.0%
Manufacturing	1 - 3	229	41.3%	423	4.3%	11,689,617	2.2%	27,635	7,857,743	3.5%	183,751	2.6%
	4 - 8	156	28.1%	871	8.9%	23,832,262	4.5%	27,362	16,157,117	7.2%	463,667	6.6%
	9-49	130	23.4%	2,503	25.4%	105,868,010	19.8%	42,296	55,696,295	24.9%	2,058,196	29.1%
	50 - 100	20	3.6%	1,393	14.2%	75,745,202	14.1%	54,376	34,923,702	15.6%	1,172,045	16.6%
	>= 101	20	3.6%	4,649	47.3%	318,360,345	59.5%	68,479	109,004,073	48.7%	3,184,107	45.1%
	Total:	555	100.0%	9,839	100.0%	535,495,436	100.0%	54,426	223,638,930	100.0%	7,061,766	100.0%
Wholesale Trade	1-3	529	54.0%	836	9.6%	55,147,832	11.3%	65,966	17,893,459	9.0%	348,464	7.0%
	4-8	207	21.1%	1,135	13.0%	59,338,228	12.2%	52,280	25,047,223	12.6%	550,725	11.1%
	9-49	217	22.2%	3,890	44.6%	203,214,249	41.6%	52,240	87,169,432	44.0%	2,373,036	47.7%
	50-100	18	1.8%	1,139	13.1%	55,954,775	11.5%	49,126	25,868,600	13.1%	661,353	13.3%
	>= 101	8	0.8%	1,720	19.7%	114,506,149	23.5%	66,573	42,049,378	21.2%	1,038,890	20.9%
	Total:	979	100.0%	8,720	100.0%	488,161,233	100.0%	55,982	198,028,092	100.0%	4,972,468	100.0%
Retail Trade	1-3	766	39.8%	1,421	4.7%	29,090,335	3.7%	20,472	22,064,385	4.1%	491,080	4.2%
	4-8	582	30.2%	3,244	10.8%	74,032,336	9.4%	22,821	51,271,340	9.6%	1,007,858	8.7%
	9-49	500	26.0%	9,206	30.7%	260,422,233	33.0%	28,288	163,515,943	30.6%	3,615,811	31.2%
	50-100	47	2.4%	3,202	10.7%	99,617,907	12.6%	31,111	58,882,823	11.0%	1,354,499	11.7%
	>= 101	31	1.6%	12,947	43.1%	327,056,298	41.4%	25,261	237,984,583	44.6%	5,106,685	44.1%
	Total:	1,926	100.0%	30,020	100.0%	790,219,109	100.0%	26,323	533,719,074	100.0%	11,575,933	100.0%
Transportation & Utilities	1-3	471	54.1%	792	7.0%	29,980,044	4.9%	37,854	16,496,328	6.2%	422,666	5.9%
	4-8	176	20.2%	985	8.8%	41,813,702	6.8%	42,450	22,911,237	8.7%	681,340	9.5%
	9-49	188	21.6%	3,672	32.7%	191,624,617	31.0%	52,185	90,375,610	34.2%	2,929,837	41.0%
	50-100	20	2.3%	1,407	12.5%	81,108,807	13.1%	57,647	34,724,787	13.1%	923,905	12.9%
	>= 101	16	1.8%	4,389	39.0%	273,059,752	44.2%	62,215	99,721,401	37.7%	2,180,615	30.5%
	Total:	871	100.0%	11,245	100.0%	617,586,922	100.0%	54,921	264,229,363	100.0%	7,138,363	100.0%
Information	1-3	114	45.6%	175	4.6%	10,598,736	6.9%	60,564	3,360,167	4.4%	69,287	4.0%
	4-8	55	22.0%	307	8.0%	9,000,170	5.9%	29,317	5,182,278	6.9%	108,418	6.2%
	9-49	64	25.6%	1,276	33.4%	35,207,086	22.9%	27,592	20,765,029	27.5%	409,709	23.5%
	50-100	11	4.4%	687	18.0%	28,061,316	18.3%	40,846	14,620,457	19.3%	343,425	19.7%
	>= 101	6	2.4%	1,374	36.0%	70,801,282	46.1%	51,529	31,710,298	41.9%	810,000	46.5%
	Total:	250	100.0%	3,819	100.0%	153,668,590	100.0%	40,238	75,638,229	100.0%	1,740,839	100.0%
Financial Activities	1-3	1,029	68.5%	1,642	15.6%	64,293,737	13.2%	39,156	29,371,518	13.0%	478,769	9.9%
	4-8	262	17.4%	1,412	13.4%	54,845,599	11.3%	38,842	27,618,408	12.2%	537,454	11.1%
	9-49	169	11.3%	3,115	29.6%	150,203,775	30.9%	48,220	68,222,094	30.1%	1,582,563	32.8%
	50-100	30	2.0%	1,913	18.2%	108,226,328	22.3%	56,574	46,163,618	20.4%	1,196,709	24.8%
	>= 101	12	0.8%	2,447	23.2%	108,628,787	22.3%	44,393	55,050,477	24.3%	1,025,759	21.3%
	Total:	1,502	100.0%	10,529	100.0%	486,198,226	100.0%	46,177	226,426,115	100.0%	4,821,254	100.0%
Professional & Business Services	1-3	2,300	67.9%	3,540	20.3%	195,354,331	24.9%	55,185	71,154,266	19.0%	1,480,619	14.3%
	4-8	616	18.2%	3,333	19.1%	136,311,839	17.4%	40,898	68,776,688	18.4%	1,562,470	15.1%
	9-49	437	12.9%	7,239	41.5%	316,513,490	40.4%	43,723	154,292,966	41.3%	4,485,950	43.3%
	50-100	26	0.8%	1,623	9.3%	69,822,010	8.9%	43,020	38,188,133	10.2%	1,224,163	11.8%
	>= 101	10	0.3%	1,723	9.9%	65,752,238	8.4%	38,161	41,347,220	11.1%	1,608,478	15.5%
	Total:	3,389	100.0%	17,458	100.0%	783,753,908	100.0%	44,894	373,759,273	100.0%	10,361,680	100.0%
Educational & Health Services	1-3	760	42.7%	1,286	5.1%	70,808,275	7.2%	55,061	23,724,567	6.5%	385,207	5.2%
	4-8	484	27.2%	2,709	10.7%	97,529,314	9.9%	36,002	47,880,786	13.2%	750,257	10.2%
	9-49	443	24.9%	8,093	32.0%	305,699,553	31.1%	37,773	136,102,250	37.6%	2,618,454	35.7%
	50-100	49	2.8%	3,313	13.1%	129,395,921	13.2%	39,057	47,701,370	13.2%	1,172,541	16.0%
	>= 101	43	2.4%	9,927	39.2%	379,235,401	38.6%	38,202	106,851,802	29.5%	2,414,280	32.9%
	Total:	1,779	100.0%	25,328	100.0%	982,668,464	100.0%	38,798	362,260,775	100.0%	7,340,739	100.0%
Leisure & Hospitality	1-3	617	29.9%	1,115	3.4%	14,668,542	2.7%	13,156	13,119,518	2.9%	316,002	2.4%
	4-8	567	27.4%	3,274	10.0%	41,182,035	7.5%	12,579	37,370,341	8.2%	947,083	7.3%
	9-49	771	37.3%	15,161	46.4%	235,539,336	42.7%	15,536	196,271,705	43.0%	4,870,546	37.5%
	50-100	70	3.4%	4,882	14.9%	91,873,255	16.7%	18,819	75,277,263	16.5%	2,116,363	16.3%
	>= 101	42	2.0%	8,261	25.3%	168,111,633	30.5%	20,350	134,879,262	29.5%	4,740,412	36.5%
	Total:	2,067	100.0%	32,693	100.0%	551,374,801	100.0%	16,865	456,918,089	100.0%	12,990,406	100.0%
Other Services	1-3	1,006	60.7%	1,646	20.1%	43,837,703	16.0%	26,633	27,992,009	18.5%	496,434	12.5%
	4-8	450	27.2%	2,448	29.8%	72,888,006	26.6%	29,775	43,362,714	28.6%	896,499	22.6%
	9-49	189	11.4%	2,854	34.8%	105,866,701	38.6%	37,094	56,490,036	37.3%	1,626,209	41.1%
	50-100	6	0.4%	417	5.1%	10,244,206	3.7%	24,566	5,727,569	3.8%	125,829	3.2%
	>= 101	6	0.4%	844	10.3%	41,592,208	15.2%	49,280	17,957,531	11.9%	814,410	20.6%
	Total:	1,657	100.0%	8,209	100.0%	274,428,824	100.0%	33,430	151,529,859	100.0%	3,959,381	100.0%
Government	1-3	140	22.5%	268	0.4%	7,939,378	0.3%	29,625	2,759,734	3.2%	48,414	2.0%
	4-8	142	22.9%	784	1.2%	27,872,496	0.9%	35,552	6,088,181	7.0%	107,585	4.4%
	9-49	164	26.4%	3,621	5.5%	139,120,881	4.7%	38,421	19,513,370	22.6%	409,266	16.9%
	50-100	44	7.1%	3,151	4.8%	125,605,823	4.2%	39,862	5,123,835	5.9%	125,069	5.2%
	>= 101	131	21.1%	58,016	88.1%	2,657,959,540	89.8%	45,814	52,922,502	61.2%	1,734,283	71.5%
	Total:	621	100.0%	65,840	100.0%	2,958,498,118	100.0%	44,935	86,407,622	100.0%	2,424,617	100.0%
Total, All Industries	1-3	10,237	51.5%	17,103	6.2%	669,748,942	5.6%	$39,160	323,001,682	7.5%	7,952,339	6.2%
	4-8	4,764	24.0%	26,345	9.6%	861,512,927	7.2%	$32,701	488,035,336	11.3%	12,820,333	10.0%
	9-49	4,069	20.5%	74,710	27.2%	2,818,481,701	23.7%	$37,726	1,427,919,423	33.2%	43,718,916	33.9%
	50-100	421	2.1%	28,735	10.5%	1,273,148,144	10.7%	$44,307	559,475,788	13.0%	18,388,078	14.3%
	>= 101	394	2.0%	127,589	46.5%	6,270,816,947	52.7%	$49,149	1,503,615,180	35.0%	45,928,528	35.7%
	Total:	19,885	100.0%	274,482	100.0%	11,893,708,661	100.0%	43,331	4,302,047,409	100.0%	128,808,194	100.0%