"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.
aAn average month is considered 4.33 weeks. If a month has four weeks, the normalization factor is 1.0825. If the month has five weeks, the normalization factor is 0.866. The number of raw claims is multiplied by the normalization factor to achieve the normalized claims counts.
Data for June 2018 to January 2019 were revised in March 2019.
*An initial claim is a claim filed by an unemployed individual after a separation from an employer.
Shaded areas indicate periods of economic downturn: 2015Q2-2016Q4 and 2020Q2-2021Q1.
Source: Unemployement Insurance Claims Data. Research & Planning, Wyoming Department of Workforce Services.
Prepared by C. McGrath, Research & Planning, WY DWS, 9/15/2023.