The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate fell from 4.1% in October to 3.7% in November. Wyoming’s unemployment rate has decreased in each of the past five months and is lower than the current U.S. rate of 4.2% and much lower than its November 2020 level of 5.3%.
From October to November, unemployment rates fell in 16 counties, rose in four counties, and remained unchanged in three counties. Teton County’s unemployment rate increased from 1.9% in October to 2.9% in November. Unemployment often rises in Teton County in November as tourist activity slows between the summer and winter seasons.
Unemployment rates fell in every county from November 2020 to November 2021. Jobless rates were elevated in November 2020 because of the pandemic, and decreases in 2021 represent a return to more normal levels. The largest decreases occurred in Natrona (down from 6.7% to 3.1%), Teton (down from 6.2% to 2.9%), and Converse (down from 5.7% to 2.4%) counties.
At 1.7%, Albany County and Weston County tied for the lowest unemployment rate in November. The next lowest rates were found in Goshen County at 1.8% and Niobrara and Crook counties, each at 1.9%. The highest unemployment rates were reported in Natrona County at 3.1%, Teton County at 2.9%, and Sublette and Sweetwater counties, each at 2.8%.
Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) rose from 269,500 in November 2020 to 272,200 in November 2021, an increase of 2,700 jobs (1.0%). Employment was unusually low in November 2020 because of economic disruptions related to the pandemic.
Research & Planning has scheduled the December unemployment news release for January 24, 2022.
Wyoming Seasonally Adjusted Statewide Labor Force Estimates Change Month Year November-21 October-21 November-20 absolute percent absolute percent Total Civilian Labor Force 292,401 293,001 295,063 -600 -0.2% -2,662 -0.9% Employed 281,564 280,941 279,509 623 0.2% 2,055 0.7% Unemployed 10,837 12,060 15,554 -1,223 -10.1% -4,717 -30.3% Unemployment Rate 3.7 4.1 5.3
|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.|
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 November 2021 County Rate* Albany County, WY 1.7 Weston County, WY 1.7 Goshen County, WY 1.8 Crook County, WY 1.9 Niobrara County, WY 1.9 Carbon County, WY 2.0 Hot Springs County, WY 2.0 Lincoln County, WY 2.0 Laramie County, WY 2.1 Platte County, WY 2.1 Sheridan County, WY 2.1 Washakie County, WY 2.1 Johnson County, WY 2.3 Converse County, WY 2.4 Fremont County, WY 2.4 Park County, WY 2.4 Wyoming 2.4 Big Horn County, WY 2.5 Uinta County, WY 2.6 Campbell County, WY 2.7 Sublette County, WY 2.8 Sweetwater County, WY 2.8 Teton County, WY 2.9 Natrona County, WY 3.1 *preliminary
Table 2: Wyoming counties not seasonally adjusted unemployment rates over-the-month rate changes ranked from lowest to highest for November 2021 Month ago Over-the-Month County rate Rate* Rate Change Sweetwater County, WY 3.2 2.8 -0.4 Albany County, WY 1.9 1.7 -0.2 Campbell County, WY 2.9 2.7 -0.2 Converse County, WY 2.6 2.4 -0.2 Goshen County, WY 2.0 1.8 -0.2 Laramie County, WY 2.3 2.1 -0.2 Natrona County, WY 3.3 3.1 -0.2 Platte County, WY 2.3 2.1 -0.2 Sheridan County, WY 2.3 2.1 -0.2 Sublette County, WY 3.0 2.8 -0.2 Carbon County, WY 2.1 2.0 -0.1 Fremont County, WY 2.5 2.4 -0.1 Hot Springs County, WY 2.1 2.0 -0.1 Uinta County, WY 2.7 2.6 -0.1 Washakie County, WY 2.2 2.1 -0.1 Weston County, WY 1.8 1.7 -0.1 Wyoming 2.5 2.4 -0.1 Crook County, WY 1.9 1.9 0.0 Lincoln County, WY 2.0 2.0 0.0 Niobrara County, WY 1.9 1.9 0.0 Johnson County, WY 2.2 2.3 0.1 Park County, WY 2.3 2.4 0.1 Big Horn County, WY 2.3 2.5 0.2 Teton County, WY 1.9 2.9 1.0 *preliminary
Table 3: Wyoming counties not seasonally adjusted unemployment rates over-the-year changes ranked from lowest to highest for November 2021 Year ago Over-the-Year County Rate Rate* Rate Change Natrona County, WY 6.7 3.1 -3.6 Converse County, WY 5.7 2.4 -3.3 Teton County, WY 6.2 2.9 -3.3 Campbell County, WY 5.8 2.7 -3.1 Sweetwater County, WY 5.9 2.8 -3.1 Fremont County, WY 5.0 2.4 -2.6 Sublette County, WY 5.4 2.8 -2.6 Uinta County, WY 5.0 2.6 -2.4 Wyoming 4.8 2.4 -2.4 Washakie County, WY 4.4 2.1 -2.3 Hot Springs County, WY 4.1 2.0 -2.1 Goshen County, WY 3.8 1.8 -2.0 Park County, WY 4.4 2.4 -2.0 Johnson County, WY 4.2 2.3 -1.9 Laramie County, WY 4.0 2.1 -1.9 Platte County, WY 4.0 2.1 -1.9 Lincoln County, WY 3.8 2.0 -1.8 Sheridan County, WY 3.9 2.1 -1.8 Albany County, WY 3.3 1.7 -1.6 Carbon County, WY 3.5 2.0 -1.5 Weston County, WY 3.1 1.7 -1.4 Niobrara County, WY 3.2 1.9 -1.3 Big Horn County, WY 3.7 2.5 -1.2 Crook County, WY 3.1 1.9 -1.2 *preliminary
Wyoming Department of Workforce Services|
Research & Planning
December 20, 2021
David Bullard, Senior Economist, 307-473-3810
Carola Cowan, BLS Programs Supervisor, 307-473-3804