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Wyoming Department of Workforce Services

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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

October 2022 | Volume 59, No. 10


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Growing and Declining Industries in Wyoming, 2022Q1

Article | Tables


by: Laura Yetter, Senior Economist

The Research & Planning (R&P) section of the Wyoming Department of Workforce Services publishes quarterly reports on growing and declining industries in Wyoming online at https://doe.state.wy.us/LMI/G_DInd/G_D_Industries.htm. At the time of this publication, data were available from second quarter 2001 (2001Q2) to first quarter 2022 (2022Q1).

A growing or declining industry is defined as an industry’s employment level increasing or decreasing for two quarters by 5% or more over the year based on data from the Quarterly Census of Employment and Wages. For example, all industries that grew or declined in employment by at least 5% from 2020Q4 to 2021Q4 and subsequently from 2021Q1 to 2022Q1 were included in the respective tables in this article. Only subsectors with employment of 100 or more are included in the growing and declining industries for Wyoming.

Industries are defined by the North American Industry Classification System (NAICS). For this research, growing and declining industries are determined at the three-digit subsector level.

The tables included in this article include the name of the growing or declining industry, average job growth or loss for 2021Q4 and 2022Q1, the average change, and the average weekly wage. The full tables from which these were excerpted are available in HTML and PDF format at https://doe.state.wy.us/LMI/G_DInd/22Q1/2022Q1.htm.

Wyoming had 14 growing industries in 2022Q1 (see Table 1). Examples of growing industries included computer & electronic product manufacturing (49.1% average growth rate), support activities for mining (26.2%), motion picture & sound recording industries (22.5%), plastics & rubber products manufacturing (19.8%), and miscellaneous manufacturing (19.4%).

There were four declining industries in 2022Q1: petroleum & coal products manufacturing (-9.9%), nursing & residential care facilities (-8.4%), private households (-8.0%), and national security & international affairs (-6.3%).

Wyoming's 14 growing industries accounted for 18.9% of all industries and 23.0% of the state's total employment. The four declining industries made up 5.4% of all industries and 3.0% of the state's total employment.