© Copyright 2004 by the Wyoming Department of Employment, Research & Planning
 WYOMING LABOR FORCE TRENDS
Vol. 41 No. 10
 

Economic Indicators
 by: David Bullard, Senior Economist

The Baker Hughes rig county for Wyoming increased 31.3 percent from a year earlier, indicating a dramatic rise in oil & gas activity in the state.

 

Aug Jul Aug Percent Change
2004 2004 2003  Month  Year
______(p)_ ______(r)_ _____(b)_ _____ _____
Wyoming Total Civilian Labor Force 283,808 286,004 283,394 -0.8 0.1
            Unemployed 8,602 8,863 10,215 -2.9 -15.8
            Employed 275,206 277,141 273,179 -0.7 0.7
Wyoming Unemployment Rate/Seas. Adj. 3.0%/3.7% 3.1%/3.6% 3.6%/4.3% N/A N/A
U.S. Unemployment Rate/Seas. Adj. 5.4%/5.4% 5.7%/5.5% 6.0%/6.1% N/A N/A
U.S. Multiple Jobholders 7,368,000 7,521,000 7,221,000 -2.0 2.0
      As a percent of all workers 5.3% 5.3% 5.2% N/A N/A
U.S. Discouraged Workers 534,000 504,000 503,000 6.0 6.2
U.S. Part Time for Economic Reasons 4,395,000 4,648,000 4,377,000 -5.4 0.4
Hours & Earnings for Production Workers
Wyoming Mining
       Average Weekly Earnings $969.32 $1,011.78 $962.18 -4.2 0.7
       Average Weekly Hours 43.1 43.8 43.4 -1.6 -0.7
U.S. Mining Hours & Earnings
       Average Weekly Earnings $840.84 $832.13 $801.47 1.0 4.9
       Average Weekly Hours 45.5 45.2 44.8 0.7 1.6
Wyoming Manufacturing Hours & Earnings
       Average Weekly Earnings $646.42 $639.07 $643.99 1.2 0.4
       Average Weekly Hours 40.2 39.4 40.3 2.0 -0.2
U.S. Manufacturing Hours & Earnings
       Average Weekly Earnings $659.33 $646.41 $633.55 2.0 4.1
       Average Weekly Hours 40.8 40.3 40.2 1.2 1.5
Wyoming Unemployment Insurance
       Weeks Compensated 9,434 9,278 10,144 1.7 -7.0
       Benefits Paid $2,254,695 $2,210,055 $2,350,929 2.0 -4.1
       Average Weekly Benefit Payment $239.00 $238.20 $231.76 0.3 3.1
       State Insured Covered Jobs 239,173 238,116 235,597 0.4 1.5
       Insured Unemployment Rate 1.1% 1.2% 1.3% N/A N/A
Consumer Price Index (U) for All U.S. Urban Consumers 
(1982 to 1984 = 100) - All Items 189.5 189.4 184.6 0.1 2.7
               Food & Beverages 187.3 187.2 180.9 0.1 3.5
               Housing 191.2 190.9 186.1 0.2 2.7
               Apparel 116.5 115.9 117.2 0.5 -0.6
               Transportation 162.9 164.0 158.3 -0.7 2.9
               Medical Care 311.6 311.0 298.4 0.2 4.4
               Recreation (Apr. 1997=100) 108.5 108.7 107.7 -0.2 0.7
               Education & Communication (Apr. 1997=100) 111.7 110.9 110.1 0.7 1.5
               Other Goods & Services 305.5 305.1 299.6 0.1 2.0
Producer Prices (1982 to 1984 = 100) - All Commodities 147.9 147.6 138.0 0.2 7.2
      
Wyoming Building Permits
(New Privately Owned Housing Units Authorized)
      Total Units 272 397 204 -31.5 33.3
               Valuation $55,024,000 $55,305,000 $33,004,000 -0.5 66.7
      Single Family Homes 217 306 191 -29.1 13.6
               Valuation $50,600,000 $48,734,000 $31,791,000 3.8 59.2
Baker Hughes North American Rotary Rig Count for Wyoming 84 83 64 1.2 31.3
(p) Preliminary.  (r) Revised.  (b) Benchmarked.


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