Cheyenne, WY (WBR) This story by the Wyoming Business Report has some great news for Cheyenne:
A national online career market ranked Cheyenne as the top place in the nation to find a job yesterday, edging out San Jose, Calif. – the heart of Silicon Valley.
The rankings, compiled by beyond.com, indicated that Cheyenne had four times as many jobs postings as it had job seekers with its unemployment rate of 4.2 percent. While in a past interview the company admitted that many of the job postings for the area have a national, work-from-home footprint, it called out the health care and medical; transportation and logistics; and merchandising, purchasing and retail industries as high-growth categories.
Many ranked lists rely on sheer numbers of job postings to calculate the top markets, causing the cities with largest populations to always rise to the top. But the company’s methodology instead looked at proprietary data and uniquely correlated it to data from the U.S. Bureau of Labor Statistics.
"We wanted to correlate jobs to the number of people in the workforce," Vice President of Marketing Joe Weinlick told the Business Report in February 2013.
Local economic developers have recently been touting Cheyenne’s economic success. Cheyenne LEADS CEO Randy Bruns said at Wyoming Business Report’s Cheyenne Economic Forecast Lunch in November 2013 that Laramie County’s real gross domestic product rose almost 2.5 percent in 2012 alone, partly because of about 2,500 new jobs added between 2010 and 2013.
“That’s astonishing when you consider the size of the workforce we have here,” he said. According to the U.S. Census Bureau, Laramie County’s population in 2012 stood at less than 95,000, meaning a new job was created for every 38 people in the city during the period.
Casper held down the 19th slot on the national list. At the Wyoming Business Report’s Casper Economic Forecast Lunch in December 2013, Bill Edwards, CEO of Casper Area Economic Development Alliance said local retail commodities are on the rise, which would surely help fuel job growth.
“We see the retail and restaurant numbers increasing so that’s an indicator of some activity in the community,” Edwards said.