Riverton’s Workforce Service office on East Fremont Street.
(Casper, Wyo.) – The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate fell from 4.6% in October to 4.4% in November. The change is not statistically significant, according to a news release. Fremont County, however, registered the second highest unemployment rate in the state, at 5.1%. The rate of unemployed workers locally actually was down from 5.5% in October and 5.8 percent one year ago. Out of the county’s workforce of 20,262 people, 1,099 were unemployed (see chart below).
November’s statewide decrease brought Wyoming’s unemployment rate to its lowest level since January 2009. Unemployment remained below its year-ago level of 5.0% and was significantly lower than the current U.S. unemployment rate of 7.0%. Seasonally adjusted employment of Wyoming residents rose slightly, increasing by 1,135 individuals (0.4%) from October to November.
Most county unemployment rates changed very little from October to November. Teton County was the exception as its unemployment rate rose from 5.4% in October to 8.3% in November. Unemployment usually rises in Teton County each November as the summer tourist season has ended and the ski season has not begun. Seasonal decreases in unemployment were seen in Washakie (down from 4.5% to 4.0%) and Goshen (down from 4.4% to 4.0%) counties, possibly because of sugar beet processing.
Unemployment rates decreased in every county from November 2012 to November 2013. The largest decreases occurred in Lincoln (down from 6.6% to 5.0%), Laramie (down from 5.3% to 4.2%), and Crook (down from 4.8% to 3.7%) counties.
Teton County posted the highest unemployment rate in November (8.3%). It was followed by Fremont (5.1%) and Lincoln (5.0%) counties. Sublette and Converse counties tied for the lowest unemployment rate (3.0%). The next lowest rates were found in Campbell (3.2%), Albany (3.3%), and Sweetwater (3.4%) counties.
Total nonfarm employment (measured by place of work) rose from 288,500 in November 2012 to 290,700 in November 2013, a gain of 2,200 jobs (0.8%).
–Research and Planning, Wyoming Department of Workforce Services