"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.
After more than three years of monthly over-the-year decreases, the number of new initial Unemployment Insurance (UI) claims in Wyoming increased by 20.0% in July 2019. The overall increase was driven by a 507.6% increase in initial claims in mining, which was due in large part to mine closures and job losses in Campbell County in July (Graham, 2019).
Initial claims in Campbell County rose from 80 in July 2018 to 423 in July 2019, an increase of 343, or 428.6%.
Continued claims in mining increased by 809 weeks, or 194.5%. Continued claims increased in Campbell (653, or 101.4%), Sublette (42, or 86.7%), Crook (27, or 54.8%), Hot Springs (20, or 76.7%), and Johnson (14, or 19.4%) counties.
*Information displayed in Initial and Continued Claims are adjusted for monthly comparisons by normalizing the number of weeks in each month to a standard 4.33 weeks.
**NAICS = North American Industry Classification code.
***SIC = Standard Industrial Classification code.