Wyoming Employment and Payroll: Modest Growth in Fourth Quarter 2019
Wyoming Employment and Payroll: Modest Growth in Fourth Quarter 2019
In recent months, Wyoming’s economy has seen many layoffs and other disruptions related to the coronavirus. This report focuses on employment and wage growth between fourth quarter 2018 and fourth quarter 2019, well before the current disruptions began. It describes Wyoming’s economic situation in fall 2019 and provides detail by industry and county.
From fourth quarter 2018 to fourth quarter 2019, Wyoming added 3,181 jobs (1.2%) and its total payroll increased by $171.0 million (4.9%). The largest job growth occurred in construction (1,718 jobs), leisure & hospitality (904 jobs), local government (including public schools, colleges, & hospitals; 643 jobs), and health care & social assistance (468 jobs). Job losses were seen in mining (including oil & gas; -595 jobs), retail trade (-322 jobs), agriculture (-97 jobs), and information (-74 jobs).
Converse County added 1,260 jobs (19.5%) and its payroll increased by $31.0 million (33.6%). Construction employment grew by more than 600 jobs and smaller job gains were seen in mining (including oil & gas), administrative & waste services, transportation & warehousing, professional & technical services, and leisure & hospitality.
Laramie County gained 621 jobs (1.3%) and its total payroll rose by $26.7 million (4.6%). The largest job gains occurred in leisure & hospitality, local government (including public schools & colleges), and transportation & warehousing.
Employment in Natrona County grew by 553 jobs (1.4%) and its total payroll increased by $18.2 million (3.4%). Job gains were seen in construction, leisure & hospitality, manufacturing, transportation & warehousing, and health care & social assistance, while employment fell in retail trade, mining (including oil & gas), administrative & waste services, information, and other services.
Teton County added 498 jobs (2.6%) and its total payroll grew by $30.1 million (11.7%). Job growth was seen in construction, leisure & hospitality, real estate & rental & leasing, and local government (including public schools).
Campbell County gained 408 jobs (1.6%) and its total payroll rose by $27.2 million (7.2%). Large job gains were reported in leisure & hospitality, administrative & waste services, transportation & warehousing, retail trade, and manufacturing. Employment fell in mining (including oil & gas).
Sweetwater County lost 578 jobs (-2.6%) and its total payroll fell by $2.8 million (-0.8%). Large job losses were seen in mining (including oil & gas) and administrative & waste services.
Goshen County’s employment fell by 189 jobs (-4.4%), but its total payroll rose slightly ($192,470, or 0.5%). Manufacturing employment fell by approximately 200 jobs.
Platte County lost 184 jobs (-5.1%) and its total payroll fell by $3.8 million (-8.6%). Employment fell by approximately 200 jobs in the construction sector.
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Preview—First Quarter (January through March) 2020 Local Jobs and Payroll
Job growth weakened considerably in first quarter 2020, according to preliminary data. From first quarter 2019 to first quarter 2020 employment rose by approximately 270 jobs (0.1%). The slowdown in job growth was partly related to large job losses in the mining sector (including oil & gas), which saw employment fall by approximately 1,250 jobs. Employment also fell in manufacturing (approximately 150 jobs) and retail trade (approximately 150 jobs). In contrast, job gains were reported in leisure & hospitality (approximately 700 jobs), local government (including public schools, colleges, & hospitals; approximately 400 jobs), construction (approximately 300 jobs), and healthcare & social assistance (approximately 250 jobs).
