Wyoming Unemployment Rises to 3.9% in August

The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state's seasonally adjusted unemployment rate increased from 3.8% in July to 3.9% in August. Wyoming's unemployment rate has remained between 3.7% and 4.2% in each of the past 17 months. The state's labor force decreased by an estimated 6,869 individuals (-2.3%) from August 2017 to 2018, suggesting that workers may be moving to other states or dropping out of the labor force.

From July to August, most county unemployment rates followed their normal seasonal pattern and decreased. The largest decreases occurred in Platte (down from 3.8% to 3.3%), Goshen (down from 3.9% to 3.4%), Weston (down from 3.6% to 3.2%), and Albany (down from 3.9% to 3.5%) counties.

From August 2017 to August 2018, unemployment rates increased in 14 counties and decreased in eight counties. Carbon County's unemployment rate remained the same at 3.3%. The largest increases occurred in Albany (up from 2.8% to 3.5%), Niobrara (up from 2.4% to 3.0%), and Goshen (up from 2.9% to 3.4%) counties. Unemployment rates fell in Converse (down from 4.1% to 3.6%), Campbell (down from 4.4% to 4.0%), Weston (down from 3.5% to 3.2%), and Hot Springs (down from 3.3% to 3.0%) counties.

Teton County posted the lowest unemployment rate in August at 1.9%. The next lowest rates were found in Crook (2.9%), Niobrara (3.0%), and Hot Springs (3.0%) counties. The highest jobless rates occurred in Fremont (4.7%), Natrona (4.3%), and Campbell (4.0%) counties.

Total nonfarm employment (not seasonally adjusted and measured by place of work) rose from 288,700 in August 2017 to 297,100 in August 2018, an increase of 8,400 jobs (or 2.9%).

Research & Planning has scheduled the September employment news release for for October 23, 2018.

The complete news release, including tables is available here.

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