State's unemployment rate unchanged in October, Fremont County's went up .3 points

The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate was unchanged from September to October at 4.0%. Wyoming’s unemployment rate was slightly lower than its October 2014 level of 4.3% and significantly lower than the current U.S. unemployment rate of 5.0%. Seasonally adjusted employment of Wyoming residents decreased, falling by an estimated 956 individuals (-0.3%) from September to October. Fremont County had the highest unemployment rate in the state, again, up three points to 4.8 percent. Total workforce in the county was up by 260 individuals to 20,713. Included in that total were 19,722 employed workers and 991 unemployed persons. One year ago, the county’s unemployment rate was 4.5 percent. From September to October, nearly all county unemployment rates followed their normal seasonal pattern and increased. As fall weather arrives, employment tends to decrease in leisure & hospitality, construction, and professional & business services. The largest unemployment rate increases occurred in Teton (up from 2.2% to 3.7%), Carbon (up from 2.8% to 3.5%), Niobrara (up from 2.3% to 2.8%), Park (up from 3.2% to 3.7%), and Sheridan (up from 3.2% to 3.7%) counties. From October 2014 to October 2015, unemployment rates fell in 15 counties and rose in eight counties. The largest increases occurred in Natrona (up from 3.8% to 4.7%), Sweetwater (up from 3.8% to 4.4%), Campbell (up from 3.2% to 3.7%), and Converse (up from 2.9% to 3.3%) counties. Large decreases were seen in Teton (down from 4.9% to 3.7%), Lincoln (down from 4.7% to 4.0%), Washakie (down from 3.7% to 3.2%), Laramie (down from 4.0% to 3.5%), and Albany (down from 3.3% to 2.8%) counties. Total nonfarm employment (measured by place of work) rose very slightly from 295,800 in October 2014 to 296,300 in October 2015, a gain of 500 jobs (or 0.2%; not a statistically significant change). Feature Photo: A hiring fair for the new Wind River Job Corps Center in Riverton was held this past August. Fremont County's unemployment rate continued to be the state's highest in October. (Pitchengine Communities) #county10 #news