Cheyenne, Wyo. - The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate fell from 4.3% in April to 4.1% in May.
Laramie County rises to 3.5% from 3.4% in April but it's down from May 2016 when it was 4.1%
Wyoming’s labor force decreased by an estimated 3,001 individuals (-1.0%) from a year earlier, suggesting that the decline in unemployment is at least partially related to unemployed individuals leaving the state and/or dropping out of the labor force.
From April to May, unemployment rates fell in 16 counties, rose slightly in four counties, and were unchanged in three counties. Unemployment rates often decrease in May as seasonal jobs are added in leisure & hospitality, construction, government, and retail trade. The largest unemployment rate decreases occurred in Teton (down from 4.9% to 3.8%), Park (down from 4.4% to 3.9%), Lincoln (down from 4.1% to 3.7%), and Johnson (down from 4.3% to 3.9%) counties. County unemployment rates are not seasonally adjusted.
From May 2016 to May 2017, unemployment rates fell in every county and labor force declined in 17 counties. The largest unemployment rate decreases were seen in Campbell (down from 8.7% to 5.1%), Converse (down from 6.8% to 4.1%), Sublette (down from 6.9% to 4.4%), Weston (down from 6.1% to 3.8%), Natrona (down from 7.7% to 5.4%), and Fremont (down from 7.6% to 5.3%) counties.
Niobrara County (2.7%) posted the lowest unemployment rate in May. It was followed by Goshen (2.8%), Albany (2.8%), and Platte (3.4%) counties. The highest unemployment rates were found in Natrona (5.4%), Fremont (5.3%), and Campbell (5.1%) counties.
The estimate of total nonfarm jobs (not seasonally adjusted and measured by place of work) fell from 283,200 in May 2016 to 279,000 in May 2017, a decrease of 4,200 jobs (or –1.5%; not a statistically significant change).
You can see he full report here. Research & Planning has scheduled the June employment news release for July 25, 2017.