Wyoming Unemployment Rate Falls to 4.9% in November 2016

The Research & Planning News Release featuring employment data for October 2016 is now available online.

The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state's seasonally adjusted unemployment rate fell significantly from 5.1% in October to 4.9% in November. Wyoming's unemployment rate remained higher than the current U.S. rate (4.6%) and significantly higher than its November 2015 level of 4.3%. Seasonally adjusted employment of Wyoming residents increased significantly from October to November, rising by an estimated 1,749 individuals (0.6%). However, employment remained well below last year's level (down 3,735 individuals, or -1.3%). Additionally, Wyoming's labor force has declined in over-the-year comparisons for each of the past 25 months.

From October to November, unemployment rates decreased slightly in 17 counties and increased in five counties, while Johnson County's unemployment rate was unchanged. In Teton County, unemployment rose from 3.1% to 5.6% as the summer tourist season had ended and the ski season had not begun. The largest decrease in unemployment occurred in Campbell County (down from 6.3% to 5.9%).

From November 2015 to November 2016, unemployment rates fell in 11 counties, rose in 10 counties, and were unchanged in two counties (Johnson and Platte). Sizeable declines were seen in Teton (down from 6.7% to 5.6%), Lincoln (down from 4.5% to 3.8%), Sheridan (down from 4.2% to 3.7%), and Park (down from 4.8% to 4.3%) counties. The largest unemployment rate increases occurred in Campbell (up from 4.0% to 5.9%), Weston (up from 3.0% to 4.5%), Converse (up from 3.7% to 5.1%), and Natrona (up from 5.2% to 6.0%) counties.

The lowest unemployment rates in November were found in Albany (2.6%), Niobrara (2.6%), and Goshen (2.7%) counties. The highest rates were reported in Natrona (6.0%), Campbell (5.9%), and Fremont (5.8%) counties.

Total nonfarm employment (not seasonally adjusted and measured by place of work) fell from 285,400 in November 2015 to 276,600 in November 2016, a decrease of 8,800 jobs (or -3.1%; a statistically significant decrease).

Research & Planning has scheduled the October employment news release for .

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