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Wyoming’s Unemployment Rate Down Again in March

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Wyoming’s seasonally adjusted unemployment rate continued its four-year downward trend and fell from 4.2% in February to 4.0% in March.

David Bullard, Senior Economist with the Research and Planning Section of the Wyoming Department of Workforce Services, said the March 2014 rate was significantly lower than the current U.S. unemployment rate of 6.7%. Bullard said the seasonally adjusted employment of Wyoming residents increased, rising by 1,501 individuals (0.5%) from February to March.

The latest numbers show almost all county unemployment rates followed their normal seasonal pattern and decreased from February to March. Bullard said employment tends to rise in March, with seasonal job gains in construction, retail trade, professional & business services, and government.

Bullard added that unemployment rates fell from March 2013 to March 2014 in every county, perhaps suggesting economic recovery around the state. Converse County posted the lowest unemployment rate in March (3.1%). It was followed by Sublette (3.3%), Campbell (3.3%), and Albany (3.6%) counties. The highest unemployment rates were found in Lincoln (6.4%), Johnson (5.8%), Big Horn (5.7%), and Fremont (5.7%) counties.

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