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

Wyoming Unemployment Falls to 3.7% in November 2019

The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate fell slightly from 3.8% in October to 3.7% in November. Wyoming’s unemployment rate was lower than its November 2018 level of 4.1%, but slightly higher than the current U.S. rate of 3.5%. From October to November, seasonally adjusted employment of Wyoming residents increased, rising by an estimated 1,309 individuals (0.5%).

From November 2018 to November 2019, unemployment rates fell in 17 counties, rose in three counties, and remained unchanged in three counties. The largest decreases occurred in Teton (down from 6.2% to 5.2%), Weston (down from 3.1% to 2.3%), Fremont (down from 4.8% to 4.1%), and Campbell (down from 3.8% to 3.1%) counties. Slight increases were seen in Goshen (up from 2.8% to 3.6%), Niobrara (up from 2.5% to 3.1%), and Sublette (up from 4.2% to 4.7%) counties.

Most county unemployment rates followed their normal seasonal pattern and increased from October to November. Unemployment often rises in November as colder weather brings seasonal job losses in leisure & hospitality, construction, and professional & business services. The largest increases in unemployment were seen in Teton (up from 2.7% to 5.2%), Park (up from 3.5% to 4.2%), and Sweetwater (up from 3.3% to 4.0%) counties. Unemployment rates fell slightly in Campbell (down from 3.4% to 3.1%), Washakie (down from 3.4% to 3.2%), and Weston (down from 2.4% to 2.3%) counties.

Teton County reported the highest unemployment rate in November at 5.2%. It was followed by Sublette County at 4.7% and Park County at 4.2%. The lowest unemployment rates were found in Weston County at 2.3%, Converse County at 2.8%, and Albany County at 2.8%.

Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) decreased from 285,000 in November 2018 to 283,900 in November 2019, a decline of 1,100 jobs (-0.4%).

Research & Planning has scheduled the December unemployment news release for January 28, 2020.



Wyoming Seasonally Adjusted Statewide Labor Force Estimates
                                                                                             Change
                                                                                  Month                    Year
                                 November-19   October-19  November-18    absolute     percent    absolute     percent
Total Civilian Labor Force          291,492      290,243      289,198       1,249        0.4%       2,294        0.8%
Employed                            280,593      279,284      277,256       1,309        0.5%       3,337        1.2%
Unemployed                           10,899       10,959       11,942         -60       -0.5%      -1,043       -8.7%
Unemployment Rate                       3.7          3.8          4.1


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 November 2019
 
                  
   County        		      Rate*
Weston County, WY                      2.3
Albany County, WY                      2.8
Converse County, WY                    2.8
Platte County, WY                      2.9
Crook County, WY                       3.0
Campbell County, WY                    3.1
Niobrara County, WY                    3.1
Johnson County, WY                     3.2
Sheridan County, WY                    3.2
Washakie County, WY                    3.2
Carbon County, WY                      3.3
Laramie County, WY                     3.3
Lincoln County, WY                     3.3
Hot Springs County, WY                 3.4
Goshen County, WY                      3.6
Wyoming                                3.6
Uinta County, WY                       3.7
Natrona County, WY                     3.9
Big Horn County, WY                    4.0
Sweetwater County, WY                  4.0
Fremont County, WY                     4.1
Park County, WY                        4.2
Sublette County, WY                    4.7
Teton County, WY                       5.2

*preliminary


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

                                        Month ago              Over-the-Month   
    County                                rate         Rate*     Rate Change    
Campbell County, WY                        3.4          3.1         -0.3
Washakie County, WY                        3.4          3.2         -0.2
Weston County, WY                          2.4          2.3         -0.1
Albany County, WY                          2.8          2.8          0.0
Hot Springs County, WY                     3.4          3.4          0.0
Laramie County, WY                         3.3          3.3          0.0
Platte County, WY                          2.9          2.9          0.0
Converse County, WY                        2.7          2.8          0.1
Goshen County, WY                          3.5          3.6          0.1
Fremont County, WY                         3.9          4.1          0.2
Natrona County, WY                         3.7          3.9          0.2
Uinta County, WY                           3.5          3.7          0.2
Crook County, WY                           2.7          3.0          0.3
Lincoln County, WY                         3.0          3.3          0.3
Wyoming                                    3.3          3.6          0.3
Big Horn County, WY                        3.6          4.0          0.4
Johnson County, WY                         2.8          3.2          0.4
Sheridan County, WY                        2.8          3.2          0.4
Carbon County, WY                          2.8          3.3          0.5
Sublette County, WY                        4.2          4.7          0.5
Niobrara County, WY                        2.5          3.1          0.6
Park County, WY                            3.5          4.2          0.7
Sweetwater County, WY                      3.3          4.0          0.7
Teton County, WY                           2.7          5.2          2.5

*preliminary



Table 3: Wyoming counties not seasonally adjusted unemployment rates over-the-year
changes ranked from lowest to highest for November 2019
 
                                   Year ago                Over-the-Year   
   County                            Rate         Rate*     Rate Change    
Teton County, WY                      6.2          5.2         -1.0
Weston County, WY                     3.1          2.3         -0.8
Campbell County, WY                   3.8          3.1         -0.7
Fremont County, WY                    4.8          4.1         -0.7
Uinta County, WY                      4.3          3.7         -0.6
Converse County, WY                   3.3          2.8         -0.5
Johnson County, WY                    3.7          3.2         -0.5
Lincoln County, WY                    3.8          3.3         -0.5
Natrona County, WY                    4.4          3.9         -0.5
Park County, WY                       4.7          4.2         -0.5
Sheridan County, WY                   3.7          3.2         -0.5
Big Horn County, WY                   4.4          4.0         -0.4
Carbon County, WY                     3.7          3.3         -0.4
Laramie County, WY                    3.7          3.3         -0.4
Washakie County, WY                   3.6          3.2         -0.4
Wyoming                               4.0          3.6         -0.4
Albany County, WY                     3.1          2.8         -0.3
Platte County, WY                     3.2          2.9         -0.3
Crook County, WY                      3.0          3.0          0.0
Hot Springs County, WY                3.4          3.4          0.0
Sweetwater County, WY                 4.0          4.0          0.0
Sublette County, WY                   4.2          4.7          0.5
Niobrara County, WY                   2.5          3.1          0.6
Goshen County, WY                     2.8          3.6          0.8

*preliminary


Wyoming Department of Workforce Services
Research & Planning

December 23, 2019

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

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


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