Wyoming Unemployment Rises to 4.3% in November

The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state's seasonally adjusted unemployment rate increased slightly from 4.2% in October to 4.3% in November (not a statistically significant change). Wyoming's unemployment rate was significantly lower than its November 2016 level of 4.9%, but slightly higher than the current U.S. unemployment rate of 4.1%. The state's labor force decreased significantly from a year earlier, falling by an estimated 8,196 people (or 2.7%). A decreasing labor force suggests that individuals may have moved to other states or given up their job search.

Most county unemployment rates followed their normal seasonal pattern and increased slightly from October to November. Unemployment rates usually rise in November as job losses are seen in construction, leisure & hospitality, and professional & business services. Teton County's unemployment rate rose from 3.1% to 6.1%, Park County's rate rose from 3.8% to 4.7%, and Lincoln County's rate rose from 3.2% to 3.9%.

Compared to a year earlier, unemployment rates fell in 15 counties and rose in eight counties. The largest decreases were seen in Campbell (down from 6.0% to 4.3%), Converse (down from 5.3% to 4.0%), Sublette (down from 5.2% to 4.0%), Natrona (down from 6.2% to 5.1%), and Sweetwater (down from 5.2% to 4.2%) counties. Unemployment rates increased in Teton (up from 5.7% to 6.1%), Carbon (up from 3.8% to 4.0%), Park (up from 4.5% to 4.7%), and Washakie (up from 3.7% to 3.9%) counties.

Teton County's unemployment rate of 6.1% was the highest in the state. The next highest rates were reported in Fremont (5.1%), Natrona (5.1%), and Park (4.7%) counties. The lowest unemployment rates were found in Niobrara (2.3%), Goshen (2.7%), and Albany (2.8%) counties.

Total nonfarm employment (not seasonally adjusted and measured by place of work) fell from 274,100 in November 2016 to 273,100 in November 2017, a decrease of 1,000 jobs (or -0.4%; not a statistically significant change).

Research & Planning has scheduled the December employment news release for January 23, 2018.

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