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Wyoming Department of Workforce Services

Research & Planning
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Suite 3100
Casper, WY 82601
(307) 473-3807

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"Labor Market Information (LMI) is an applied science; it is the systematic collection and analysis of data which describes and predicts the relationship between labor demand and supply." The States' Labor Market Information Review, ICESA, 1995, p. 7.

2022 Wyoming Workforce Annual Report

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Wyoming Labor Force Trends

March 2023 | Volume 60, No. 3


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JOLTS Data: Wyoming Has Second Largest Hire Rate in U.S.

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Wyoming had the second greatest hire rate in the country in December 2022, according to the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS). Wyoming's seasonally adjusted hire rate was 5.6%, second only to Alaska with 6.2%. For comparison, the national hire rate was 4.0%, and most of Wyoming's surrounding states had hire rates in the 4.0% to 4.3% range (see Figure 1).

The BLS (2017) defines hires as “all additions to the payroll during the month.” Essentially, 5.6% of all people working in Wyoming in December 2022 were hired that month.

Wyoming had an estimated 16,000 hires in December 2022, up from 14,000 in December 2021 but still below the 18,000 in December 2019 prior to the pandemic.

JOLTS survey data also show that Wyoming had 22,000 job openings in December, and the ratio of unemployed persons to job openings was 0.5. In other words, Wyoming had approximately twice as many job openings as unemployed individuals. JOLTS data are available at https://www.bls.gov/jlt/.

References

U.S. Bureau of Labor Statistics. (2017, April 11). Job Openings and Labor Turnover Survey. Retrieved March 1, 2023, from https://www.bls.gov/jlt/jltdef.htm