Wyoming Unemployment Unchanged at 2.9% in September 2023

(RELEASE from WDWS) October 23, 2023 — The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate remained unchanged from August to September at 2.9%. Wyoming’s unemployment rate was much lower than its year-ago level of 3.8% and lower than the current U.S. rate of 3.8%. Seasonally adjusted employment of Wyoming residents fell slightly (-403 individuals, or -0.1%) from August to September. However, compared to a year ago, employment was up by 7,745 people (2.7%).

From August to September, most county unemployment rates followed their normal seasonal pattern and fell modestly. The largest decreases occurred in Fremont (down from 3.2% to 2.7%), Big Horn (down from 3.2% to 2.7%), Platte (down from 2.9% to 2.5%), and Crook (down from 2.3% to 1.9%) counties.

In September 2023, unemployment rates were lower than their year-ago levels in every county of the state. Large decreases were seen in Carbon (down from 3.5% to 2.4%), Washakie (down from 3.6% to 2.6%), and Niobrara (down from 2.9% to 2.0%) counties.

The highest unemployment rates in September 2023 were found in Sublette and Sweetwater counties, each at 2.9%. The lowest unemployment rates were reported in Teton County at 1.5% and Weston and Crook counties, each at 1.9%.

Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) rose from 290,800 in September 2022 to 297,800 in September 2023, an increase of 7,000 jobs (2.4%).  October unemployment data will be released on November 20, 2023.

 

KGOS