"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.
This new publication examines the prevalence of employer-provided benefits, such as insurance, retirement plans, and paid leave in Wyoming. These benefits are analyzed in several ways: by full- and part-time employment status, employer size class, industry, and by Wyoming substate region.
The Research & Planning (R&P) section of the Wyoming Department of Workforce Services conducts the Wyoming Benefits Survey on a quarterly basis. This survey is designed to collect information about the types of benefits Wyoming employers offer their employees. The questionnaire is sent to a random sample of employers drawn from the Quarterly Census of Employment and Wages (QCEW) database. Generally, at least 70% of these questionnaires are completed and returned.
The results of the benefits survey typically are published annually in a report. However, this survey was not conducted during the first part of the Covid-19 pandemic, because so many businesses were closed or operating with a limited number of staff. As such, there is a break in the publishable data from third quarter 2019 (2019Q3) to first quarter 2022 (2022Q1), which is observable in the time series section of the report.
The estimates presented in the benefits report are based on the average employment in the state during the target survey quarter and the preceding seven quarters and are calculated using data collected during those eight quarters. The estimates calculated for this publication used data collected between 2020Q2 and 2021Q1. For more information about the sampling and estimation process used to create the benefits survey estimates, please see http://doe.state.wy.us/LMI/benefits2013/benefits_2013.pdf.
This publication includes a selection of tables containing data for employers and the total number of jobs (or workers), broken out by full- and part-time work status, employer size class (the number of employees working for a business), industry, and Wyoming substate region.
Some of the key findings of this report include:
The full Wyoming Benefits Survey 2022 report is available online at https://doe.state.wy.us/LMI/benefits.htm.