Wyoming’s Unemployment Rate Down Again
Wyoming’s seasonally adjusted unemployment rate fell from 4.3% in January to 4.2% in February. David Bullard, senior economist with the Research & Planning section of the Wyoming Department of Workforce Services said Wyoming’s unemployment rate is now at its lowest point since December 2008, when it was 3.9%. Unemployment remained well below its year-ago level of 4.8% and was significantly lower than the current U.S. unemployment rate of 6.7%.
Seasonally adjusted employment of Wyoming residents increased, rising by 1,639 individuals (0.6%) from January to February.
Bullard added that most county unemployment rates followed their normal seasonal pattern and decreased slightly from January to February. The highest unemployment rates were found in Lincoln (6.9%), Johnson (6.5%), and Fremont (6.4%) counties. Sublette and Converse counties tied for the lowest unemployment rate (3.4%) and they were followed by Campbell (3.7%), Niobrara (3.8%), and Albany (3.9%) counties.
Total non-farm employment (measured by place of work) rose from 281,000 in February 2013 to 284,000 in February 2014, a gain of 3,000 jobs (1.1%).