© Copyright 2019 by the Wyoming Department of Workforce Services, Research & Planning

Wyoming Unemployment Falls to 4.0% in January

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 December to 4.0% in January. Wyoming’s unemployment rate was the same as the U.S. unemployment rate of 4.0%.

From December to January, most county unemployment rates followed their normal seasonal pattern and increased. Jobless rates usually increase in January because of seasonal job losses in construction, retail trade, government, transportation & utilities, and other sectors. The largest increases in unemployment were seen in Johnson (up from 4.0% to 5.2%), Fremont (up from 4.9% to 5.9%), and Hot Springs (up from 3.7% to 4.7%) counties.

From January 2018 to January 2019, unemployment rates decreased in 14 counties, increased slightly in eight counties, and remained unchanged in Lincoln County. The largest decreases occurred in energy producing counties. Converse County’s unemployment rate fell from 4.8% to 3.4%, Natrona County’s rate fell from 5.6% to 4.7%, and Campbell County’s rate fell from 4.9% to 4.0%.

In January, Teton County and Niobrara County tied for the lowest unemployment rate, each at 3.0%. The next lowest rates were found in Goshen County at 3.4%, Converse County at 3.4%, and Albany County at 3.5%. The highest jobless rates occurred in Fremont (5.9%), Park (5.7%), and Big Horn (5.6%) counties.

Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) increased from 276,100 in January 2018 to 281,300 in January 2019, a gain of 5,200 jobs (or 1.9%).

Research & Planning has scheduled the February employment news release for April 2, 2019.



Wyoming Seasonally Adjusted Statewide Labor Force Estimates
                                                                                             Change
                                                                                   Month                    Year
                                 January-19  December-18   January-18      absolute     percent    absolute     percent
Total Civilian Labor Force          289,477      289,204      290,567         273        0.1%      -1,090       -0.4%
Employed                            277,831      277,292      278,871         539        0.2%      -1,040       -0.4%
Unemployed                           11,646       11,912       11,696        -266       -2.2%         -50       -0.4%
Unemployment Rate                       4.0          4.1          4.0



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 January 2019
 
    County			      Rate*
Niobrara County, WY                    3.0
Teton County, WY                       3.0
Converse County, WY                    3.4
Goshen County, WY                      3.4
Albany County, WY                      3.5
Crook County, WY                       3.8
Weston County, WY                      3.8
Campbell County, WY                    4.0
Platte County, WY                      4.2
Laramie County, WY                     4.3
Wyoming                                4.5
Carbon County, WY                      4.6
Uinta County, WY                       4.6
Hot Springs County, WY                 4.7
Lincoln County, WY                     4.7
Natrona County, WY                     4.7
Sweetwater County, WY                  4.8
Sheridan County, WY                    4.9
Sublette County, WY                    5.0
Washakie County, WY                    5.0
Johnson County, WY                     5.2
Big Horn County, WY                    5.6
Park County, WY                        5.7
Fremont County, WY                     5.9

*preliminary


Table 2: Wyoming counties not seasonally adjusted unemployment rates over-the-month rate
changes ranked from lowest to highest for January 2019

                                 Month ago                    Over-the-Month   Over-the-Month
    County                         rate            Rate*        Rate Change    Percent Change
Teton County, WY                    3.4             3.0            -0.4          -11.8%
Converse County, WY                 3.3             3.4             0.1            3.0%
Big Horn County, WY                 5.4             5.6             0.2            3.7%
Campbell County, WY                 3.8             4.0             0.2            5.3%
Natrona County, WY                  4.4             4.7             0.3            6.8%
Sublette County, WY                 4.7             5.0             0.3            6.4%
Albany County, WY                   3.1             3.5             0.4           12.9%
Goshen County, WY                   3.0             3.4             0.4           13.3%
Laramie County, WY                  3.9             4.3             0.4           10.3%
Lincoln County, WY                  4.2             4.7             0.5           11.9%
Niobrara County, WY                 2.5             3.0             0.5           20.0%
Platte County, WY                   3.7             4.2             0.5           13.5%
Wyoming                             4.0             4.5             0.5           12.5%
Sweetwater County, WY               4.2             4.8             0.6           14.3%
Uinta County, WY                    4.0             4.6             0.6           15.0%
Carbon County, WY                   3.9             4.6             0.7           17.9%
Crook County, WY                    3.1             3.8             0.7           22.6%
Weston County, WY                   3.1             3.8             0.7           22.6%
Park County, WY                     4.9             5.7             0.8           16.3%
Washakie County, WY                 4.2             5.0             0.8           19.0%
Sheridan County, WY                 4.0             4.9             0.9           22.5%
Fremont County, WY                  4.9             5.9             1.0           20.4%
Hot Springs County, WY              3.7             4.7             1.0           27.0%
Johnson County, WY                  4.0             5.2             1.2           30.0%

*preliminary




Table 3: Wyoming counties not seasonally adjusted unemployment rates over-the-year percent
changes ranked from lowest to highest for January 2019
 
                                    Year ago                        Over-the-Year    Over-the-Year
   County                             Rate             Rate*         Rate Change    Percent Change
Converse County, WY                    4.8              3.4             -1.4           -29.2%
Campbell County, WY                    4.9              4.0             -0.9           -18.4%
Natrona County, WY                     5.6              4.7             -0.9           -16.1%
Fremont County, WY                     6.6              5.9             -0.7           -10.6%
Platte County, WY                      4.7              4.2             -0.5           -10.6%
Sheridan County, WY                    5.3              4.9             -0.4            -7.5%
Uinta County, WY                       5.0              4.6             -0.4            -8.0%
Weston County, WY                      4.2              3.8             -0.4            -9.5%
Carbon County, WY                      4.9              4.6             -0.3            -6.1%
Johnson County, WY                     5.5              5.2             -0.3            -5.5%
Wyoming                                4.8              4.5             -0.3            -6.3%
Goshen County, WY                      3.6              3.4             -0.2            -5.6%
Laramie County, WY                     4.5              4.3             -0.2            -4.4%
Park County, WY                        5.9              5.7             -0.2            -3.4%
Sweetwater County, WY                  4.9              4.8             -0.1            -2.0%
Lincoln County, WY                     4.7              4.7              0.0             0.0%
Albany County, WY                      3.4              3.5              0.1             2.9%
Big Horn County, WY                    5.5              5.6              0.1             1.8%
Sublette County, WY                    4.9              5.0              0.1             2.0%
Crook County, WY                       3.6              3.8              0.2             5.6%
Teton County, WY                       2.7              3.0              0.3            11.1%
Washakie County, WY                    4.7              5.0              0.3             6.4%
Hot Springs County, WY                 4.3              4.7              0.4             9.3%
Niobrara County, WY                    2.6              3.0              0.4            15.4%

*preliminary




Wyoming Department of Workforce Services
Research & Planning

March 12, 2019

Contacts:

David Bullard, Senior Economist, 307-473-3810


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



Labor Market Information | Send Us Mail