The Research & Planning section of the Wyoming Department of Workforce Services reported today that total unemployment insurance (UI) covered payroll increased by $148.5 million (4.8%) in second quarter . Employment rose by 4,562 jobs (1.6%) and average weekly wage increased by $26 (3.1%). In second quarter, growth was greater than five-year averages for employment (1.6% compared to 0.6%), total wages (4.8% compared to 3.2%), and average weekly wage (3.1% compared to 2.6%). In terms of dollars, UI covered payroll represents approximately 91.5% of all wage and salary disbursements and 43.8% of personal income in the state (U.S. Bureau of Economic Analysis, ). Analysts have noted that "minerals related employment is one of the key predictors of sales and use tax revenue" in Wyoming (CREG ).
Despite the recent growth, overall employment remained approximately 1,500 jobs (0.1%) below its second quarter level. It appears that the state is getting close to making up all the job losses of and .
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Employment rose in 17 counties and fell in six counties. Total payroll increased in all 23 counties.
Campbell County added 1,206 jobs (4.4%) and its total payroll rose by $19.0 million (5.1%). The largest job gains occurred in construction, mining (including oil & gas), wholesale trade, transportation & warehousing, and accommodation & food services. Employment fell in other services and retail trade.
Natrona County added 737 jobs (1.8%) and its total payroll rose by $33.9 million (7.0%). The largest job gains were found in construction, accommodation & food services, mining (including oil & gas), and retail trade. Employment fell in other services, federal government, and private educational services.
Teton County gained 696 jobs (4.0%) and its total payroll increased by $11.8 million (7.1%). Employment rose in accommodation & food services, construction, retail trade, local government (including public schools & hospitals), and real estate & rental & leasing.
Laramie County gained 679 jobs (1.5%) and its total payroll grew by $14.5 million (3.2%). Employment increased in transportation & warehousing, accommodation & food services, and mining (including oil & gas). Job losses occurred in construction, retail trade, other services, and federal government.
Employment rose in Sheridan County by 430 jobs (3.3%) and total payroll increased by $5.4 million (4.4%). Large job growth was seen in accommodation & food services, construction, and retail trade.
Sweetwater County lost 218 jobs (-0.9%), but its total payroll rose by $14.7 million (4.3%). Job gains in construction were more than offset by job losses in accommodation & food services, retail trade, mining (including oil & gas), local government, and administrative & waste services.
Employment fell by 195 jobs (-1.2%) in Fremont County, but total payroll rose by $3.9 million (2.3%). Job losses occurred in local government (including public schools & colleges), state government, accommodation & food services, and retail trade.
Preview - Third Quarter (July through September) Covered Employment & Wages
According to preliminary data, job growth strengthened in third quarter. Total payroll rose by $196.9 million (5.9%) and employment increased by approximately 5,200 jobs (1.8%). The largest job gains occurred in construction (approximately 2,400 jobs), mining (including oil & gas; approximately 800 jobs), transportation & warehousing (approximately 750 jobs), local government (including public schools, colleges, & hospitals; approximately 600 jobs), accommodation & food services (approximately 400 jobs), and manufacturing (nearly 350 jobs). Employment fell by approximately 450 jobs in other services and approximately 100 jobs in federal government.
Detailed covered employment and wages data for Third Quarter are scheduled to be released on .