Wyoming Shows Overall Growth for Q1
With the inflation rate rising and falling more than a Six Flags ride (at least those have safety mechanisms), Wyoming experienced growth in the first quarter of 2023. Wyoming Workforce data shows that employment grew in 19 of the state’s 23 counties, and payroll grew in 21 counties.
The mining sector (which includes oil and gas) added the most jobs, with an 8 percent increase, which hopefully bodes well for school funding next year. Overall growth was seen across the board in Wyoming jobs.
The top five categories:
Manufacturing up 5.3 percent
Wholesale trade up 4.7 percent
“Other services”: up 4.6 percent
Professional & business services up 4.3 percent
Construction: up 2.8 percent
Retail trade jobs suffered this quarter, losing 0.6 percent of its workforce.
Albany County employment increased half a percent from last year and showed a 12.8 percent increase in wages. The average weekly wage for someone in Albany County is $1,147, compared to $1,062 last year.
Natrona County added the most jobs at a growth rate of 4 percent, and payroll rose by $64.5 million (13.2 percent). Most of these jobs were in mining, transportation and warehousing, and real estate. Campbell County was a close second, with growth in mining and local government.
Carbon County lost 116 jobs this quarter, reporting a -1.9 percent in gains. Payroll fell by $34.4 million (-29.2 percent). Job losses were reported across the workforce spectrum.
In the state overall from the first quarter of 2022 to the first quarter of 2023, total employment rose by over 6,300 jobs at a 2.4 percent increase, and total payroll increased by $386.8 million, a 10.7 percent increase.