News
8:44 am
Wed April 25, 2012

Unemployment Drops. Slightly.

The Wyoming Department of Workforce Services says the unemployment rate for Wyoming fell to 5 point 3 percent as of March.

Wyoming’s jobless rate inched down from 5.4 percent in February to 5.3 percent in March, following a steady decline for the seventh consecutive month. Though the change isn’t significant monthly, it’s an employment gain of almost two percent from this time last year.   

David Bullard is a senior economist in the Research and Planning section of the Wyoming Department of Workforce Services…

“Compared to last year we see a lot of job growth in mining, including oil and gas,” says Bullard. “We also see growth in professional business services, wholesale trade, transportation and utilities, and manufacturing, are some of the sectors we see growing from a year ago.”

The employment is still below what it was pre-recession in the state, but Wyoming is doing better than most other states. The national rate of unemployment is over eight percent.