Unemployment rate for January rises in Natrona County

(Casper, Wyo.) -The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate increased significantly* from its revised level of 4.4% in December to 4.7% in January. ​ Wyoming’s unemployment rate was much higher than its January 2015 level of 3.8% (a statistically significant increase). Seasonally adjusted employment of Wyoming residents decreased from December to January, falling by an estimated 1,846 individuals (-0.6%; not a statistically significant change). The largest unemployment rate increases occurred in Fremont (up from 6.1% to 8.1%), Johnson (up from 5.1% to 7.1%), Sheridan (up from 4.6% to 6.3%), Campbell (up from 4.4% to 6.0%), and Natrona (up from 5.6% to 7.2%) counties. From January 2015 to January 2016, unemployment rates rose in 21 counties and fell in two counties. The largest increases occurred in Natrona (up from 4.3% to 7.2%), Campbell (up from 3.6% to 6.0%), Converse (up from 3.4% to 5.7%), and Sweetwater (up from 4.3% to 6.5%) counties. Unemployment rates decreased in Teton (down from 4.1% to 3.7%) and Albany (down from 3.7% to 3.6%) counties. Fremont County (8.1%) posted the highest unemployment rate in January. It was followed by Natrona (7.2%), Johnson (7.1%), and Sublette (6.8%) counties. The lowest unemployment rates were found in Albany (3.6%), Teton (3.7%), and Goshen (3.9%) counties. Total nonfarm employment (measured by place of work) fell from 285,900 in January 2015 to 277,400 in January 2016, a decrease of 8,500 jobs (or –3.0%; a statistically significant decrease). ​ #oilcity #news