Wyoming Labor Force Trends

Alternative Measures of Labor Underutilization and the Recession

by: Carola Cowan, BLS Programs Supervisor

See Related Article

Figure 1
Tables 1, 2, 3

 

 

 

Table 1: Alternative Measures of Labor Underutilization for Wyoming, 2007 to 2012 Averages (Percentage)

Year	Measure
	U-1	U-2	U-3	U-4	U-5	U-6
2007	0.5	1.2	2.9	3.0	3.4	5.6
2008	0.5	1.3	3.0	3.0	3.4	5.7
2009	2.2	4.3	6.5	6.8	7.3	11.3
2010	3.0	3.6	6.6	7.1	7.6	11.5
2011	2.4	2.9	5.9	6.2	6.7	10.6
2012	2.1	2.5	5.5	5.7	6.4	10.0
Source: Bureau of Labor Statistics http://www.bls.gov/lau/stalt.htm

 

 

Table 2: Percentage Point Differences in Alternative Unemployment Measures from 2007 to 2012 Averages for Wyoming

Year	Measure
	U-1	U-2	U-3	U-4	U-5	U-6
2007 to 2008	0.0	0.1	0.1	0.0	0.0	0.1
2008 to 2009	1.7	3.0	3.5	3.8	3.9	5.6
2009 to 2010	0.8	-0.7	0.1	0.3	0.3	0.2
2010 to 2011	-0.6	-0.7	-0.7	-0.9	-0.9	-0.9
2011 to 2012	-0.3	-0.4	-0.4	-0.5	-0.3	-0.6

 

 

Table 3: Percentage Point Differences Between Alternative Unemployment Measures from 2007 to 2012 Averages for Wyoming

Year	Difference Between U-1 and U-2	Difference Between U-2 and U-3	Difference Between U-3 and U-4	Difference Between U-4 and U-5	Difference Between U-5 and U-6
2007	0.7	1.7	0.1	0.4	2.2
2008	0.8	1.7	0.0	0.4	2.3
2009	2.1	2.2	0.3	0.5	4.0
2010	0.6	3.0	0.5	0.5	3.9
2011	0.5	3.0	0.3	0.5	3.9
2012	0.4	3.0	0.2	0.7	3.6