© Copyright 2020 by the Wyoming Department of Workforce Services, Research & Planning

Wyoming Unemployment Falls to 6.6% in August 2020

The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate fell from 7.1% in July to 6.6% in August. Wyoming’s jobless rate has decreased in each of the past four months, and is currently lower than the U.S. rate of 8.4%.

Unemployment rates decreased from July to August in almost all Wyoming counties. The largest decreases occurred in Washakie County (down from 6.3% to 5.2%), Teton County (down from 5.7% to 4.6%), Sweetwater County (down from 8.8% to 7.8%), and Sheridan County (down from 5.2% to 4.2%). Lincoln County’s unemployment rate rose slightly from 5.4% in July to 5.7% in August.

From August 2019 to August 2020, unemployment rates rose in every county. The largest increases were seen in Natrona County (up from 3.7% to 9.4%), Sweetwater County (up from 3.4% to 7.8%), Converse County (up from 2.4% to 6.4%), and Campbell County (up from 4.3% to 8.2%). The smallest increases occurred in Albany County (up from 3.1% to 3.3%) and Goshen County (up from 3.6% to 4.3%).

Natrona County had the highest unemployment rate in August at 9.4%. It was followed by Campbell County at 8.2%, Sweetwater County at 7.8%, and Uinta County at 7.3%. The lowest unemployment rates were found in Albany County at 3.3% and Weston, Niobrara, and Crook counties, each at 3.9%.

Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) decreased from 297,900 in August 2019 to 277,200 in August 2020, a decline of 20,700 jobs (-6.9%).

Research & Planning has scheduled the September unemployment news release for October 20, 2020.


Wyoming Seasonally Adjusted Statewide Labor Force Estimates
                                                                                          Change
                                                                                 Month                    Year
                                   August-20      July-20    August-19    absolute     percent    absolute     percent
Total Civilian Labor Force          292,189      294,527      292,901      -2,338       -0.8%        -712       -0.2%
Employed                            272,976      273,685      281,995        -709       -0.3%      -9,019       -3.2%
Unemployed                           19,213       20,842       10,906      -1,629       -7.8%       8,307       76.2%
Unemployment Rate                       6.6          7.1          3.7

Definitions:
Employed All persons who, during the reference week, did any work at all as paid employees, worked in their own business, profession, or on their own farm, or worked 15 hours or more as unpaid workers in a family business.
Unemployed All persons who had no employment during the reference week, were available for work, and had made specific efforts to find employment sometime during the 4-week period ending with the reference week.
Labor Force All persons who meet the criteria given above as either employed or unemployed.
Unemployment Rate The number of unemployed as a percent of the labor force.
Seasonal Adjustment A statistical procedure to remove the impact of normal regularly recurring events (such as weather, major holidays, and the opening and closing of schools) from economic time series to better understand changes in economic conditions from month to month.



Note Regarding Tables 1-3 Below

Not seasonally adjusted data reflect the actual economic conditions in a given area for a given time period. These data show the normal seasonal changes that occur in the economy. Most county unemployment rates are higher in the winter months because of seasonal job losses in construction, leisure & hospitality, and many other sectors. Similarly, most county unemployment rates are lower in the summer months as employment increases across the economy. Data users should use caution when comparing not seasonally adjusted data for different months, as at least part of the difference between months may reflect normal seasonal patterns.

In contrast, seasonally adjusted data have been subjected to a statistical procedure to remove the effects of normal changes that occur in the economy each year, such as seasonal hiring in the construction sector, the opening and closing of schools, and holiday hiring by retail trade establishments. There is no expectation that seasonally adjusted unemployment rates will be higher or lower in any particular month, except as the economy expands or contracts. The value of seasonally adjusted data is that it is easy to identify longer-term trends in the data and valid comparisons can be made between any two months in the series.

Research & Planning works in cooperation with the Bureau of Labor Statistics to develop and publish unemployment rates for each county in Wyoming. However, these data are not seasonally adjusted and therefore reflect seasonal changes each month.


Table 1: Wyoming counties not seasonally adjusted unemployment
rates ranked from lowest to highest for August 2020
 
                  
   County        		           Rate*
Albany County, WY                           3.3
Crook County, WY                            3.9
Niobrara County, WY                         3.9
Weston County, WY                           3.9
Carbon County, WY                           4.2
Sheridan County, WY                         4.2
Goshen County, WY                           4.3
Teton County, WY                            4.6
Big Horn County, WY                         4.7
Park County, WY                             4.7
Platte County, WY                           4.8
Laramie County, WY                          5.1
Hot Springs County, WY                      5.2
Washakie County, WY                         5.2
Johnson County, WY                          5.5
Lincoln County, WY                          5.7
Wyoming                                     6.0
Fremont County, WY                          6.2
Converse County, WY                         6.4
Sublette County, WY                         6.8
Uinta County, WY                            7.3
Sweetwater County, WY                       7.8
Campbell County, WY                         8.2
Natrona County, WY                          9.4

*preliminary


Table 2: Wyoming counties not seasonally adjusted unemployment rates over-the-month rate
changes ranked from lowest to highest for August 2020

                                   Month ago                        Over-the-Month   
    County                            rate              Rate*         Rate Change    
Teton County, WY                       5.7               4.6              -1.1
Washakie County, WY                    6.3               5.2              -1.1
Sheridan County, WY                    5.2               4.2              -1.0
Sweetwater County, WY                  8.8               7.8              -1.0
Fremont County, WY                     7.1               6.2              -0.9
Hot Springs County, WY                 6.1               5.2              -0.9
Park County, WY                        5.6               4.7              -0.9
Johnson County, WY                     6.3               5.5              -0.8
Laramie County, WY                     5.9               5.1              -0.8
Natrona County, WY                    10.2               9.4              -0.8
Sublette County, WY                    7.6               6.8              -0.8
Wyoming                                6.8               6.0              -0.8
Albany County, WY                      4.0               3.3              -0.7
Platte County, WY                      5.5               4.8              -0.7
Uinta County, WY                       8.0               7.3              -0.7
Weston County, WY                      4.6               3.9              -0.7
Campbell County, WY                    8.8               8.2              -0.6
Converse County, WY                    7.0               6.4              -0.6
Crook County, WY                       4.5               3.9              -0.6
Big Horn County, WY                    5.2               4.7              -0.5
Carbon County, WY                      4.7               4.2              -0.5
Niobrara County, WY                    4.4               3.9              -0.5
Goshen County, WY                      4.7               4.3              -0.4
Lincoln County, WY                     5.4               5.7               0.3

*preliminary


Table 3: Wyoming counties not seasonally adjusted unemployment rates over-the-year
changes ranked from lowest to highest for August 2020
 
                                      Year ago                         Over-the-Year   
   County                               Rate              Rate*         Rate Change    
Albany County, WY                        3.1               3.3               0.2
Goshen County, WY                        3.6               4.3               0.7
Big Horn County, WY                      3.7               4.7               1.0
Crook County, WY                         2.9               3.9               1.0
Platte County, WY                        3.7               4.8               1.1
Sheridan County, WY                      3.0               4.2               1.2
Weston County, WY                        2.7               3.9               1.2
Niobrara County, WY                      2.4               3.9               1.5
Park County, WY                          3.2               4.7               1.5
Carbon County, WY                        2.5               4.2               1.7
Laramie County, WY                       3.4               5.1               1.7
Hot Springs County, WY                   3.4               5.2               1.8
Washakie County, WY                      3.4               5.2               1.8
Fremont County, WY                       4.0               6.2               2.2
Johnson County, WY                       2.9               5.5               2.6
Teton County, WY                         1.9               4.6               2.7
Wyoming                                  3.3               6.0               2.7
Lincoln County, WY                       2.8               5.7               2.9
Sublette County, WY                      3.8               6.8               3.0
Uinta County, WY                         3.6               7.3               3.7
Campbell County, WY                      4.3               8.2               3.9
Converse County, WY                      2.4               6.4               4.0
Sweetwater County, WY                    3.4               7.8               4.4
Natrona County, WY                       3.7               9.4               5.7

*preliminary


Wyoming Department of Workforce Services
Research & Planning

September 22, 2020

Contacts:
David Bullard, Senior Economist, 307-473-3810

Carola Cowan, BLS Programs Supervisor, 307-473-3804


Labor Market Information | Send Us Mail