© Copyright 2021 by the Wyoming Department of Workforce Services, Research & Planning

Wyoming Unemployment Falls to 4.9% in August 2021

The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate fell from 5.2% in July to 4.9% in August. Available data suggests that the August decrease in unemployment was related to individuals dropping out of the labor force. Wyoming’s unemployment rate was slightly lower than the current U.S. unemployment rate of 5.2% and much lower than its August 2020 level of 6.2%.

From July to August, unemployment rates followed their normal seasonal pattern and decreased. The largest unemployment rate decreases occurred in Sweetwater (down from 5.8% to 4.7%), Niobrara (down from 4.0% to 2.9%), Converse (down from 4.9% to 3.9%), and Hot Springs (down from 4.0% to 3.1%) counties.

Unemployment rates fell in every county from August 2020 to August 2021. Jobless rates were elevated in August 2020 because of the COVID-19 pandemic. The largest over-the-year decreases were seen in Natrona (down from 9.0% to 5.0%), Campbell (down from 8.4% to 4.6%), Converse (down from 7.5% to 3.9%), and Sweetwater (down from 8.0% to 4.7%) counties.

In August 2021, the highest unemployment rates were found in Natrona County at 5.0%, Sweetwater County at 4.7%, and Campbell County at 4.6%. The lowest rates were reported in Teton County at 2.4%, Weston County at 2.7%, and Crook County at 2.8%.

Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) rose from 274,900 in August 2020 to 280,400 in August 2021, an increase of 5,500 jobs (2.0%). Nonfarm employment was unusually low in August 2020 because of economic disruptions related to the COVID-19 pandemic.

Research & Planning has scheduled the September unemployment news release for October 25, 2021.


Wyoming Seasonally Adjusted Statewide Labor Force Estimates
                                                                                             Change
                                                                                  Month                   Year
                                   August-21      July-21    August-20    absolute     percent    absolute     percent
Total Civilian Labor Force          294,759      295,672      296,712        -913       -0.3%      -1,953       -0.7%
Employed                            280,238      280,242      278,278          -4        0.0%       1,960        0.7%
Unemployed                           14,521       15,430       18,434        -909       -5.9%      -3,913      -21.2%
Unemployment Rate                       4.9          5.2          6.2




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 2021
 
                  
   County                            Rate*
Teton County, WY                      2.4
Weston County, WY                     2.7
Crook County, WY                      2.8
Goshen County, WY                     2.9
Niobrara County, WY                   2.9
Park County, WY                       3.0
Hot Springs County, WY                3.1
Johnson County, WY                    3.1
Lincoln County, WY                    3.1
Carbon County, WY                     3.2
Albany County, WY                     3.3
Laramie County, WY                    3.3
Platte County, WY                     3.3
Big Horn County, WY                   3.4
Sheridan County, WY                   3.4
Washakie County, WY                   3.4
Wyoming                               3.7
Converse County, WY                   3.9
Fremont County, WY                    4.0
Uinta County, WY                      4.1
Sublette County, WY                   4.4
Campbell County, WY                   4.6
Sweetwater County, WY                 4.7
Natrona County, WY                    5.0

*preliminary


Table 2: Wyoming counties not seasonally adjusted unemployment rates over-the-month rate
changes ranked from lowest to highest for August 2021

                                      Month ago               Over-the-Month   
    County                             rate          Rate*     Rate Change    
Niobrara County, WY                     4.0           2.9          -1.1
Sweetwater County, WY                   5.8           4.7          -1.1
Converse County, WY                     4.9           3.9          -1.0
Hot Springs County, WY                  4.0           3.1          -0.9
Campbell County, WY                     5.4           4.6          -0.8
Fremont County, WY                      4.8           4.0          -0.8
Natrona County, WY                      5.8           5.0          -0.8
Platte County, WY                       4.1           3.3          -0.8
Uinta County, WY                        4.9           4.1          -0.8
Laramie County, WY                      4.0           3.3          -0.7
Sublette County, WY                     5.1           4.4          -0.7
Washakie County, WY                     4.1           3.4          -0.7
Wyoming                                 4.4           3.7          -0.7
Albany County, WY                       3.9           3.3          -0.6
Big Horn County, WY                     4.0           3.4          -0.6
Goshen County, WY                       3.5           2.9          -0.6
Sheridan County, WY                     4.0           3.4          -0.6
Carbon County, WY                       3.7           3.2          -0.5
Lincoln County, WY                      3.6           3.1          -0.5
Park County, WY                         3.5           3.0          -0.5
Crook County, WY                        3.2           2.8          -0.4
Weston County, WY                       3.1           2.7          -0.4
Johnson County, WY                      3.4           3.1          -0.3
Teton County, WY                        2.7           2.4          -0.3

*preliminary



Table 3: Wyoming counties not seasonally adjusted unemployment rates over-the-year
changes ranked from lowest to highest for August 2021
 
                                      Year ago                Over-the-Year   
   County                               Rate         Rate*     Rate Change    
Natrona County, WY                      9.0           5.0          -4.0
Campbell County, WY                     8.4           4.6          -3.8
Converse County, WY                     7.5           3.9          -3.6
Sweetwater County, WY                   8.0           4.7          -3.3
Uinta County, WY                        6.9           4.1          -2.8
Sublette County, WY                     6.8           4.4          -2.4
Johnson County, WY                      5.4           3.1          -2.3
Lincoln County, WY                      5.4           3.1          -2.3
Wyoming                                 5.9           3.7          -2.2
Fremont County, WY                      6.1           4.0          -2.1
Hot Springs County, WY                  5.1           3.1          -2.0
Laramie County, WY                      4.9           3.3          -1.6
Platte County, WY                       4.9           3.3          -1.6
Washakie County, WY                     5.0           3.4          -1.6
Teton County, WY                        3.9           2.4          -1.5
Goshen County, WY                       4.2           2.9          -1.3
Park County, WY                         4.3           3.0          -1.3
Weston County, WY                       3.9           2.7          -1.2
Big Horn County, WY                     4.5           3.4          -1.1
Crook County, WY                        3.7           2.8          -0.9
Niobrara County, WY                     3.6           2.9          -0.7
Carbon County, WY                       3.8           3.2          -0.6
Sheridan County, WY                     4.0           3.4          -0.6
Albany County, WY                       3.6           3.3          -0.3

*preliminary


Wyoming Department of Workforce Services
Research & Planning

September 20, 2021

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

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


Labor Market Information | Send Us Mail