Fremont County unemployment rate decreased in October

(County 10)

(Fremont County, WY) – The Research & Planning section of the Wyoming Department of Workforce Services reported earlier this week that Fremont County’s unemployment rate dropped from 2.8% in September to 2.5% in October.

The state’s seasonally adjusted unemployment rate fell from 4.5% in September to 4.1% in October. The recent decreases in Wyoming’s seasonally adjusted unemployment rate have been largely the result of unemployed individuals leaving the labor force, according to Research & Planning.

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From October 2020 to October 2021, the number of unemployed people in Wyoming decreased by an estimated 3,955 individuals.

Estimates suggest that just over one-third of those people (1,331 individuals) had found jobs and gone to work, while nearly two-thirds (2,624 individuals) had stopped looking for work and dropped out of the labor force. It appears that the COVID-19 pandemic continues to affect Wyoming’s economy, according to Research & Planning.

Click here to read more and view the county breakdown.

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