June 20, 2023
Wyoming Unemployment Falls to 3.3% in May 2023
The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate fell from 3.5% in April to 3.3% in May. Wyoming’s unemployment rate has decreased in each of the past four months and is slightly lower than the current U.S. unemployment rate of 3.7%. Seasonally adjusted employment of Wyoming residents increased by 1,351 individuals (0.5%) from April to May.
Unemployment rates fell from April to May in every area of the state. Unemployment usually decreases in May as seasonal job gains occur in many different sectors, including construction, leisure & hospitality, professional & business services, government, and retail trade. The largest decreases in unemployment were found in Teton (down from 3.9% to 2.8%), Park (down from 3.5% to 2.5%), and Sublette (down from 3.9% to 3.0%) counties.
May unemployment rates were lower than a year ago in almost every county. Niobrara County was the exception; its unemployment rate was unchanged from May 2022. The largest decreases occurred in Teton (down from 3.8% to 2.8%), Natrona (down from 3.9% to 2.9%), Washakie (down from 4.0% to 3.1%), and Converse (down from 3.1% to 2.2%) counties.
Sweetwater County posted the highest unemployment rate in May, at 3.2%. It was followed by Fremont County and Washakie County, both at 3.1%. The lowest unemployment rates were found in Weston County at 1.9%, Niobrara County at 2.1%, Crook County at 2.2%, and Converse County at 2.2%.
Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) rose from 284,300 in May 2022 to 290,200 in May 2023, an increase of 5,900 jobs (2.1%).
June unemployment data will be released on July 24, 2023.
September 15, 2023
Via Wyoming Business Council Breaking Through: Stories from Wyoming Pioneers Wyoming Business Council Launches Episode 3: L&H Industrial Next up in our series of showcasing Wyoming Pioneers is L&H Industrial from Gillette. Big dreams require big machines, and that’s right in L&H’s wheelhouse. As President Mike Wandler says, “When we end up colonizing Mars, there will be […] Read More
September 1, 2023
Business Council Boards Meet Next Week in Evanston Cheyenne, Wyo – The Wyoming Business Council (WBC) Board of Directors and Main Street Advisory Board will both hold their quarterly meetings next week in person in Evanston, Wyoming, and concurrently via Zoom. Wyoming Main Street The Wyoming Main Street Advisory Board will meet on Tuesday, Sept. 5, […] Read More
August 29, 2023
Wyoming Business Council Launches Updated Market Expansion Grant Cheyenne, Wyoming (For Immediate Release) – The Wyoming Business Council (WBC) is rolling out changes to the Trade Show and Market Expansion Grant, now called the Market Expansion Grant (MEG). The primary focus of the MEG is to help Wyoming businesses overcome challenges associated with expanding into new markets outside the […] Read More