Wyoming Unemployment Low and Stable at 2.8% in April 2024

May 21, 2024

Wyoming Unemployment Low and Stable at 2.8% in April 2024

The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate remained unchanged from March to April at 2.8%. Wyoming’s unemployment rate also held steady from its year-ago level of 2.8%. In contrast, the U.S. unemployment rate edged upward from March to April, rising from 3.8% to 3.9% and was higher than its April 2023 level of 3.4%.

From March to April, most county unemployment rates followed their normal seasonal pattern and decreased. Warmer weather often brings seasonal job gains in construction, professional & business services, retail trade, and other sectors. The largest unemployment rate decreases occurred in Big Horn (down from 4.4% to 3.4%), Park (down from 3.8% to 2.9%), Washakie (down from 4.0% to 3.2%), Sweetwater (down from 3.8% to 3.0%), and Carbon (down from 3.6% to 2.8%) counties. Teton County’s unemployment rate rose from 2.1% in March to 2.6% in April as the end of the ski season gave rise to seasonal job losses.

From April 2023 to April 2024, jobless rates fell in 14 counties, rose slightly in six counties, and remained unchanged in three counties. The largest decreases were found in Teton (down from 3.5% to 2.6%) and Platte (down from 3.0% to 2.4%) counties. Uinta County’s unemployment rate increased from 3.1% to 3.4%.

In April, the lowest unemployment rates were reported in Weston County at 2.0%, Converse County at 2.2%, and Niobrara and Crook counties, each at 2.3%. Sublette County had the highest unemployment rate in the state at 3.6%. It was followed by Big Horn County and Uinta County, each at 3.4%.

Current Employment Statistics (CES) estimates show that total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) rose from 285,200 in April 2023 to 290,100 in April 2024, an increase of 4,900 jobs (1.7%).

May unemployment data will be released on June 26, 2024.

 

Department of Workforce Services
Research and Planning:

Additional Articles

Wyoming Business Council Partners with Silicon Couloir

June 17, 2024

Via Wyoming Business Council: Wyoming Business Council Partners with Silicon Couloir to Assess State’s Entrepreneurial Services Cheyenne, WY (For Immediate Release) – The Wyoming Business Council (WBC) is proud to announce a new partnership with Silicon Couloir to enhance entrepreneurial services and support to communities across the state. This collaboration intends to strengthen the state’s entrepreneurial ecosystem and provide […] Read More

Southwest Wyoming Manufacturing Partnership

May 22, 2024

The Southwest Wyoming Manufacturing Partnership (SWMP) attended the Wyoming Workforce Development Council meeting held in Evanston, Wyoming. The meeting was attended by key business, and governmental leaders from across the state to discuss strategies for enhancing workforce development in the state. During the meeting, the Southwest Wyoming Manufacturing Partnership was highlighted as a significant success story. […] Read More

Department of Workforce Services Research and Planning

May 6, 2024

Department of Workforce Services Research and Planning Wyoming Employment and Payroll: Construction Job Growth Continues in Fourth Quarter 2023 The Research & Planning section of the Wyoming Department of Workforce Services reported today that from fourth quarter 2022 to fourth quarter 2023, total employment in the state rose by 4,594 jobs (1.7%) and total payroll […] Read More