Wyoming Unemployment Insurance Benefit Expenses,
Number of Recipients Decline in 2012
Total Unemployment Insurance (UI) benefits paid and UI recipients decreased in 2012 from the previous year, which indicates that fewer individuals lost jobs and claimed UI benefit. The cross-industry reduction in UI benefit exhaustion rates indicates better re-employment opportunities in Wyoming's labor market. However, the total number of UI recipients and benefits paid were still considerably higher than their 2008 levels, before Wyoming entered an economic downturn.
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Also inside May Trends:
Demographics of UI Claimants: More Males Continue to Receive Benefits than Females
As the economic downturn in Wyoming progressed from 2008Q4 to 2009Q4, younger workers were more likely to be affected by job loss. However, when the American Recovery & Reinvestment Act (ARRA, 2009) was enacted in 2009, the average age of Unemployment Insurance (UI) benefit recipients began to increase. At the beginning of the recession, males experienced more significant job losses than females did. Males also showed more seasonality in job losses than females. All major spikes in unemployment occurred after the summer months (third quarter) when certain industries were beginning to lay off employees. From 2008 to 2012, 91.4% of individuals receiving a UI benefit and working in the construction industry were males. In mining, 7,529 males received UI benefits, compared to 671 females. More than three-fourths of those receiving a UI benefit in Campbell County were males, compared to 54.1% in Niobrara County. Natrona and Laramie counties, Wyoming's two largest counties, were nearly even in the number of male UI recipients (70.8% and 70.4%, respectively).
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State Unemployment Rate at 4.9% for Fourth Month in a Row
The Research & Planning section of the Wyoming Department of Workforce Services has reported that the state's seasonally adjusted unemployment rate was 4.9% in March. It has remained at that level since December 2012. Wyoming's unemployment rate was significantly lower than the U.S. rate of 7.6%. Seasonally adjusted employment of Wyoming residents was virtually unchanged from February to March (up 30 individuals, or 0.0%).
Table of Contents
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- Credits
- Wyoming Unemployment Insurance Benefit Expenses, Number of Recipients Decline in 2012
- Demographics of UI Claimants: More Males Continue to Receive Benefits than Females
- State Unemployment Rate at 4.9% for Fourth Month in a Row
- Current Employment Statistics (CES) Estimates and Research & Planning's Short-Term Projections, March 2013
- Wyoming Nonagricultural Wage and Salary Employment
- Campbell County
- Sweetwater County
- Teton County
- Nonagricultural Employment Growth Graph
- Nonagricultural Wage and Salary Employment Graph
- Economic Indicators
- Wyoming Total Nonfarm Employment
- Selected U.S. Employment Data
- Multiple Jobholders
- Discouraged Workers
- Part-Time for Economic Reasons
- Consumer Price Index
- Wyoming Building Permits
- Baker Hughes Rig Count
- Wyoming County Unemployment Rates
- Wyoming Normalized Unemployment Insurance Statistics: Initial Claims
- Statewide
- Laramie County
- Natrona County
- Statewide by Industry Graph
- Statewide by County Graph
- Wyoming Normalized Unemployment Insurance Statistics: Continued Claims
- Statewide
- Laramie County
- Natrona County
- Statewide by Industry Graph
- Statewide by County Graph
- Map of Wyoming Regions, Counties, and County Seats with County Unemployment Rates