Wyoming Unemployment Unchanged at 3.7% in June
The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate was 3.7% in June, unchanged from May. Wyoming’s unemployment rate was lower than both its June 2017 level of 4.0% and the current U.S. unemployment rate of 4.0%. Seasonally adjusted employment of Wyoming residents decreased significantly from May to June, falling by an estimated 1,356 individuals (-0.5%).
From May to June, almost all county unemployment rates increased. Unemployment rates sometimes rise in June as young people get out of school and start looking for work. The largest increases occurred in Albany (up from 2.9% to 4.1%), Goshen (up from 3.1% to 3.9%), and Niobrara (up from 2.5% to 3.3%) counties.
From June 2017 to June 2018, unemployment rates rose in 15 counties, fell in seven counties, and remained unchanged in Carbon County. The largest increases were seen in Albany (up from 3.2% to 4.1%), Goshen (up from 3.1% to 3.9%), and Lincoln (up from 3.2% to 3.6%) counties. Unemployment rates decreased in energy producing counties, with Campbell County’s rate falling from 5.1% to 4.3%, Natrona County’s rate falling from 5.1% to 4.7%, and Converse County’s rate falling from 4.2% to 3.8%.
In June, Teton County posted the lowest unemployment rate at 2.4%. It was followed by Crook County (3.1%), Niobrara County (3.3%), and Johnson County (3.5%).The highest unemployment rates were found in Fremont (5.2%), Natrona (4.7%), and Uinta (4.5%) counties.
Total nonfarm employment (not seasonally adjusted and measured by place of work) rose significantly from 289,000 in June 2017 to 296,200 in June 2018, an increase of 7,200 jobs (or 2.5%).
Research & Planning has scheduled the July employment news release for August 21, 2018.
The complete news release, including tables is available at http://doe.state.wy.us/LMI/news.htm