"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.
Updated September 28, 2020, for first quarter 2020 (2020Q1).
|Table 2: Declining Industries Report for Wyoming, 2020Q1|
|Employment (Current Quarter)||Employment (Prior Quarter)||Declining Industries|
|Over-the-Year Change||Over-the-Year Change|
|Subsectora (3-Digit NAICSb)||Sector (2-Digit NAICS)||2020Q1||2019Q1||N||%||2019Q4||2018Q4||N||%||Average % Changec||Average Weekly Waged|
|Crop production (111)||Agriculture, forestry, fishing & hunting (11)||450||488||-38||-7.8||525||648||-123||-19.0||-13.4||$583|
|Agriculture & forestry support activities (115)||Agriculture, forestry, fishing & hunting (11)||223||236||-13||-5.5||244||286||-42||-14.7||-10.1||$755|
|Oil & gas extraction (211)||Mining (21)||2,852||3,036||-184||-6.1||2,869||3,068||-199||-6.5||-6.3||$2,577|
|Food manufacturing (311)||Manufacturing (31-33)||587||739||-152||-20.6||796||1,005||-209||-20.8||-20.7||$724|
|Miscellaneous manufacturing (339)||Manufacturing (31-33)||132||149||-17||-11.4||138||153||-15||-9.8||-10.6||$682|
|Electronic markets & agents & brokers (425)||Wholesale Trade (42)||116||138||-22||-15.9||125||147||-22||-15.0||-15.5||$1,610|
|Miscellaneous store retailers (453)||Retail Trade (44-45)||1,426||1,537||-111||-7.2||1,493||1,576||-83||-5.3||-6.2||$454|
|Air transportation (481)||Transportation & Warehousing (48-49)||351||561||-210||-37.4||327||487||-160||-32.9||-35.1||$858|
|Broadcasting, except Internet (515)||Information (51)||360||384||-24||-6.3||370||402||-32||-8.0||-7.1||$722|
|ISPs, search portals, & data processing (518)||Information (51)||140||202||-62||-30.7||189||202||-13||-6.4||-18.6||$1,166|
|Rental & leasing services (532)||Real Estate & Rental & Leasing (53)||1,776||1,906||-130||-6.8||1,845||1,953||-108||-5.5||-6.2||$1,096|
|Private households (814)||Other services, Except Public Admin. (81)||322||360||-38||-10.6||336||376||-40||-10.6||-10.6||$569|
aIncludes both public and privately owned firms.
bNorth American Industry Classification System
cThe percentage for average change is the employment-weighted average percentage change of the current and prior quarters (employment change current quarter + employment change prior quarter) divided by the employment for the current and prior quarters (employment current quarter + employment prior quarter).
dThe average weekly wage is calculated by dividing the total wage for the industry group by the total number of jobs for the industry group and the number of weeks in the observed quarter. Please be aware that average weekly wages at the industry group level are suceptible to wage bias due to sample size, occupational distributions, seasonal pay and bonuses, and keying error.
The average weekly wage for all growing industries in 2020Q1 was $1,372.
Source: Quarterly Census of Employment and Wages.
Prepared by S. Wen and M. Moore, Research & Planning, WY DWS, 9/25/20.