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

Wyoming Unemployment Unchanged at 3.8% in October 2019

The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate remained unchanged from September to October at 3.8%. It was lower than its October 2018 level of 4.2%, but slightly higher than the current U.S. unemployment rate of 3.6%. Wyoming’s labor force increased by 1,000 people or 0.3% from October 2018 to October 2019.

Most county unemployment rates changed very little from September to October. One exception was Teton County, where unemployment rose from 2.0% to 2.7%. Unemployment often increases in Teton County in October as the summer tourist season winds down and the winter season has not begun. Unemployment rates decreased in Campbell (down from 3.9% to 3.4%), Weston (down from 2.7% to 2.4%), and Big Horn (down from 3.8% to 3.5%) counties.

From October 2018 to October 2019, unemployment rates fell in 19 counties, rose in three counties, and remained unchanged in Washakie County (3.4%). The largest decreases occurred in Johnson County, where unemployment fell from 3.7% to 2.8%; Weston County, where it fell from 3.2% to 2.4%; and Fremont County, where it fell from 4.7% to 3.9%. Jobless rates increased modestly in Goshen (up from 3.0% to 3.5%), Sublette (up from 3.9% to 4.2%), and Hot Springs (up from 3.3% to 3.4%) counties.

The lowest unemployment rates were seen in Weston County at 2.4% and Niobrara County at 2.5%. The highest rates occurred in Sublette County at 4.2%, Fremont County at 3.9%, and Natrona County at 3.7%.

Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) increased from 289,000 in October 2018 to 289,100 in October 2019, a slight gain of 100 jobs (0.0%).

Research & Planning has scheduled the November unemployment news release for December 23, 2019.



Wyoming Seasonally Adjusted Statewide Labor Force Estimates
                                                                                            Change
                                                                                  Month                    Year
                                  October-19 September-19   October-18     absolute     percent    absolute     percent
Total Civilian Labor Force          290,238      289,262      289,238         976        0.3%       1,000        0.3%
Employed                            279,281      278,354      277,224         927        0.3%       2,057        0.7%
Unemployed                           10,957       10,908       12,014          49        0.4%      -1,057       -8.8%
Unemployment Rate                       3.8          3.8          4.2


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 October 2019
 
     County                            Rate*
Weston County, WY                       2.4
Niobrara County, WY                     2.5
Converse County, WY                     2.7
Crook County, WY                        2.7
Teton County, WY                        2.7
Albany County, WY                       2.8
Johnson County, WY                      2.8
Sheridan County, WY                     2.8
Carbon County, WY                       2.9
Platte County, WY                       2.9
Lincoln County, WY                      3.0
Laramie County, WY                      3.3
Sweetwater County, WY                   3.3
Wyoming                                 3.3
Campbell County, WY                     3.4
Hot Springs County, WY                  3.4
Uinta County, WY                        3.4
Washakie County, WY                     3.4
Big Horn County, WY                     3.5
Goshen County, WY                       3.5
Park County, WY                         3.5
Natrona County, WY                      3.7
Fremont County, WY                      3.9
Sublette County, WY                     4.2

*preliminary


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

                                Month ago              Over-the-Month   
    County                        rate         Rate*     Rate Change    
Campbell County, WY                3.9          3.4         -0.5
Big Horn County, WY                3.8          3.5         -0.3
Weston County, WY                  2.7          2.4         -0.3
Albany County, WY                  3.0          2.8         -0.2
Platte County, WY                  3.1          2.9         -0.2
Sheridan County, WY                3.0          2.8         -0.2
Converse County, WY                2.8          2.7         -0.1
Johnson County, WY                 2.9          2.8         -0.1
Laramie County, WY                 3.4          3.3         -0.1
Sweetwater County, WY              3.4          3.3         -0.1
Uinta County, WY                   3.5          3.4         -0.1
Carbon County, WY                  2.9          2.9          0.0
Crook County, WY                   2.7          2.7          0.0
Fremont County, WY                 3.9          3.9          0.0
Natrona County, WY                 3.7          3.7          0.0
Niobrara County, WY                2.5          2.5          0.0
Wyoming                            3.3          3.3          0.0
Goshen County, WY                  3.4          3.5          0.1
Hot Springs County, WY             3.3          3.4          0.1
Lincoln County, WY                 2.9          3.0          0.1
Washakie County, WY                3.3          3.4          0.1
Park County, WY                    3.3          3.5          0.2
Sublette County, WY                3.7          4.2          0.5
Teton County, WY                   2.0          2.7          0.7

*preliminary


Table 3: Wyoming counties not seasonally adjusted unemployment rates over-the-year
changes ranked from lowest to highest for October 2019
 
                                Year ago                Over-the-Year   
   County                         Rate         Rate*     Rate Change    
Johnson County, WY                 3.7          2.8         -0.9
Fremont County, WY                 4.7          3.9         -0.8
Weston County, WY                  3.2          2.4         -0.8
Carbon County, WY                  3.6          2.9         -0.7
Natrona County, WY                 4.4          3.7         -0.7
Sheridan County, WY                3.5          2.8         -0.7
Uinta County, WY                   4.1          3.4         -0.7
Converse County, WY                3.3          2.7         -0.6
Big Horn County, WY                4.0          3.5         -0.5
Campbell County, WY                3.9          3.4         -0.5
Park County, WY                    4.0          3.5         -0.5
Sweetwater County, WY              3.8          3.3         -0.5
Laramie County, WY                 3.7          3.3         -0.4
Wyoming                            3.7          3.3         -0.4
Crook County, WY                   3.0          2.7         -0.3
Lincoln County, WY                 3.3          3.0         -0.3
Albany County, WY                  3.0          2.8         -0.2
Niobrara County, WY                2.7          2.5         -0.2
Platte County, WY                  3.0          2.9         -0.1
Teton County, WY                   2.8          2.7         -0.1
Washakie County, WY                3.4          3.4          0.0
Hot Springs County, WY             3.3          3.4          0.1
Sublette County, WY                3.9          4.2          0.3
Goshen County, WY                  3.0          3.5          0.5

*preliminary


Wyoming Department of Workforce Services
Research & Planning

November 19, 2019

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

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


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