Wyoming Labor Force Trends

Wyoming Department of Workforce Services, Research & Planning
Vol. 51 No. 5 — ©May 2014


Also inside May Trends:

Unemployment Insurance Benefit Payments Show Recovery Slowed in 2013

Wyoming Unemployment Insurance Benefits Paid, 1997-2013

The number of total Unemployment Insurance (UI) benefits expenses and UI recipients decreased in 2013 from the previous year, but the reductions in percentages were much smaller than in the previous two years. Both of these UI statistics were still at least twice their pre-downturn averages from 1997 to 2007.

After the most recent economic downturn that lasted from first quarter 2009 (2009Q1) to first quarter 2010 (2010Q1), Wyoming’s UI covered employment showed a consecutive 12-quarter increase from 2010Q4 to 2013Q3 (the most recent available data via the Quarterly Census of Employment and Wages) — slow but steady growth. The over-the-year quarterly growth of employment in 2013 averaged only 0.3%, much flatter than 2012’s average growth rate of 1.4%. Wyoming’s unemployment rate by the end of the year dropped to 4.4% from 4.9% a year earlier.

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Related Tables and Figures

Wyoming Unemployment Rate Falls to 4.0% in March 2014

Seasonally Adjusted Unemployment Rate

The state’s seasonally adjusted unemployment rate continued its four-year downward trend and fell from 4.2% in February to 4.0% in March. Unemployment was much lower than its March 2013 level of 4.7% and significantly lower than the current U.S. unemployment rate of 6.7%. Seasonally adjusted employment of Wyoming residents increased, rising by 1,501 individuals (0.5%) from February to March.  

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