© Copyright 2000 by the Wyoming Department of Employment, Research & Planning

Wyoming Employment Growth Increases in July
by: David Bullard, Senior Economist

"3,800 new jobs were created for a growth rate of 1.6 percent."

W yoming nonagricultural employment grew faster in July 2000 than in the previous three months. Compared with July 1999, 3,800 new jobs were created for a growth rate of 1.6 percent. June’s estimate of employment growth was revised up from 1.0 percent to 1.3 percent. Growth was particularly strong in the Services industry, which added 1,600 jobs or 2.5 percent.

Job losses in coal mining were more than offset by strong gains in oil & gas extraction and nonmetallic minerals which pushed Mining employment up by 200 jobs or 1.2 percent. Construction and Manufacturing were both down slightly over the year with job losses of 300 and 400, respectively. Trade employment grew slower than average, adding 400 jobs or 0.7 percent over the year. Government employment increased by 2,200 jobs or 4.3 percent.

Wyoming’s seasonally adjusted unemployment rate increased slightly from 3.8 percent in June to 4.0 percent in July. It remained well below its July 1999 level of 4.9 percent. The U.S. unemployment rate was 4.0 percent in both June and July.

In contrast with June’s estimates which showed a small decline in labor force, July estimates show a slight increase of 1,499 individuals or 0.6 percent. The number of unemployed fell significantly over the year, decreasing from 11,554 in July 1999 to 9,336 in July 2000, a 19.2 percent decline.

Laramie County’s unemployment rate fell from 2.8 percent in June to 2.7 percent in July. The unemployment rate in Natrona County was 4.0 percent in both June and July 2000, down from 5.0 percent in July 1999.

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