Fremont County remains at 3.9% unemployment rate for October 2019
Wyoming Unemployment Unchanged at 3.8% in October 2019
The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate remained unchanged from September to October at 3.8%. It was lower than its October 2018 level of 4.2%, but slightly higher than the current U.S. unemployment rate of 3.6%. Wyoming’s labor force increased by 1,000 people or 0.3% from October 2018 to October 2019.
Most county unemployment rates changed very little from September to October. One exception was Teton County, where unemployment rose from 2.0% to 2.7%. Unemployment often increases in Teton County in October as the summer tourist season winds down and the winter season has not begun. Unemployment rates decreased in Campbell (down from 3.9% to 3.4%), Weston (down from 2.7% to 2.4%), and Big Horn (down from 3.8% to 3.5%) counties.
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From October 2018 to October 2019, unemployment rates fell in 19 counties, rose in three counties, and remained unchanged in Washakie County (3.4%). The largest decreases occurred in Johnson County, where unemployment fell from 3.7% to 2.8%; Weston County, where it fell from 3.2% to 2.4%; and Fremont County, where it fell from 4.7% to 3.9%. Jobless rates increased modestly in Goshen (up from 3.0% to 3.5%), Sublette (up from 3.9% to 4.2%), and Hot Springs (up from 3.3% to 3.4%) counties.
The lowest unemployment rates were seen in Weston County at 2.4% and Niobrara County at 2.5%. The highest rates occurred in Sublette County at 4.2%, Fremont County at 3.9%, and Natrona County at 3.7%.
Total nonfarm employment in Wyoming (not seasonally adjusted and measured by place of work) increased from 289,000 in October 2018 to 289,100 in October 2019, a slight gain of 100 jobs (0.0%).
Research & Planning has scheduled the November unemployment news release for December 23, 2019.
Department of Workforce Services – Research & Planning Section shared the above information.