Bucking horse and rider

Wyoming Department of Workforce Services

Research & Planning
444 W. Collins Dr.
Suite 3100
Casper, WY 82601
(307) 473-3807

Email link

"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.

The Federal Government reserves a paid-up, nonexclusive and irrevocable license to reproduce, publish or otherwise use, and to authorize others to use for federal purposes: i) the copyright in all products developed under the grant, including a subgrant or contract under the grant or subgrant; and ii) any rights of copyright to which the recipient, subrecipient or a contractor purchases ownership under an award (including but not limited to curricula, training models, technical assistance products, and any related materials). Such uses include, but are not limited to, the right to modify and distribute such products worldwide by any means, electronically or otherwise. Federal funds may not be used to pay any royalty or license fee for use of a copyrighted work, or the cost of acquiring by purchase a copyright in a work, where the Department has a license or rights of free use in such work, although they may be used to pay costs for obtaining a copy which is limited to the developer/seller costs of copying and shipping. If revenues are generated through selling products developed with grant funds, including intellectual property, these revenues are program income. Program income must be used in accordance with the provisions of this grant award and 2 CFR 200.307.

Wyoming Labor Force Trends

September 2023 | Volume 60, No. 9


Click Here for PDF

Return to Table of Contents

Wyoming Unemployment Falls to 3.0% in July 2023

by: David Bullard, Senior Economist

The Research & Planning section of the Wyoming Department of Workforce Services reported that the state’s seasonally adjusted1 unemployment rate fell from 3.1% in June to 3.0% in July. Wyoming’s unemployment rate is lower than its July 2022 level of 3.5% and lower than the current U.S. rate of 3.5%. From June to July, seasonally adjusted employment of Wyoming residents rose by 616 people (0.2%).

From June to July, most county unemployment rates followed their normal seasonal pattern and decreased. July usually marks the peak of the tourist season with large job gains in leisure & hospitality. Employment also typically rises in the construction sector. The largest decreases in unemployment occurred in Uinta (down from 3.5% to 3.1%), Lincoln (down from 2.9% to 2.5%), Sublette (down from 3.3% to 3.0%), Sheridan (down from 2.7% to 2.4%), Crook (down from 2.4% to 2.1%), and Albany (down from 3.1% to 2.8%) counties. Platte County was the exception. Its unemployment rate rose slightly from 2.6% in June to 2.9% in July.

County jobless rates were lower than their year-ago levels in every area of the state. The largest decreases were seen in Niobrara (down from 2.7% to 1.8%), Campbell (down from 3.5% to 2.6%), Big Horn (down from 3.8% to 3.0%), and Sheridan (down from 3.1% to 2.4%) counties.

Fremont County and Sweetwater County reported the highest unemployment rates in July (both at 3.5%). The lowest rates were seen in Teton County at 1.5% and Niobrara County at 1.8%.

Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) rose from 291,100 in July 2022 to 298,600 in July 2023, an increase of 7,500 jobs (2.6%).

R&P's most recent monthly news release is available at https://doe.state.wy.us/LMI/news.htm.

 

1Seasonal adjustment is a statistical procedure to remove the impact of normal regularly recurring events (such as weather, major holidays, and the opening and closing of schools) from economic time series to better understand changes in economic conditions from month to month.