New from Research & Planning: January Trends, UI Claims Report, and More
The Research & Planning section of the Wyoming Department of Workforce Services has updated its website with the January 2025 issue of Wyoming Labor Force Trends, the December 2024 Unemployment Insurance claims report, and more.
All of R&P’s products are available online at https://doe.state.wy.us/LMI.
Wyoming Unemployment Rises to 3.5% in December 2024
The Research & Planning section of the Wyoming Department of Workforce Services reported the state’s seasonally adjusted unemployment rate rose from 3.3% in November to 3.5% in December. Wyoming’s unemployment rate has been gradually trending upward for the past few months. It is higher than its December 2023 level of 2.9%, but still remains lower than the current U.S. rate of 4.1%.
Current Employment Statistics (CES) estimates show that total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) rose from 290,800 in December 2023 to 295,900 in December 2024, an increase of 5,100 jobs (1.8%).
Click here for the monthly news release.
Figure: Wyoming Unemployment Rate by County, December 2024
Wyoming Labor Force Trends, January 2025
The January 2025 issue of Trends is a quarterly issue that includes the following articles and features:
- 2024Q2 Quarterly Update: Construction Drives Wyoming Employment Growth
- Wyoming added nearly 2,300 jobs and $212.0 million in total wages over the year in second quarter 2024. This marked the 13th consecutive quarter (more than three years) of over-the-year job growth.
- Growing and Declining Industries in Wyoming, 2024Q2
- Wyoming had six growing industries in 2024Q2, accounting for 7.4% of all industries and 6.7% of the state’s total employment.
- Quarterly Turnover Statistics by Industry, First Quarter 2024
- Leisure & hospitality and retail trade had the greatest number of total hires in 2024Q1, with 9,638 and 5,842, respectively.
The January 2025 issue of Wyoming Labor Force Trends is available at https://doe.state.wy.us/LMI/trends/0125/toc.htm.
Back issues of Trends can be found at https://doe.state.wy.us/lmi/BACKISS.HTM. |
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