Wyoming’s unemployment rate declined by almost one-half percentage point in November from October and for the first time in several months, the decline was not largely due to people leaving the workforce.
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Wyoming’s unemployment rate dropped sharply in July as more people took seasonal jobs in the state’s leisure and hospitality and construction industries, according to a state report.
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For the first time in nearly a year, Wyoming has seen an uptick in its unemployment rates.
Wyoming’s unemployment rate fell to 5.1% in January, the ninth month in a row after hitting a peak of rates last year.
Wyoming’s unemployment rate fell for the eighth straight month in December 2020, down from 5.1% in November to 4.8%.
Wyoming’s unemployment rate fell for the sixth consecutive month in October to 5.5%.
Wyoming’s unemployment has continued to fall after the early months of the coronavirus pandemic, falling half a percent to 6.1% in September.
Wyoming lost more than 25,000 jobs in the second fiscal quarter of 2020, a recent analysis confirmed.
The state placed ninth for improvements in its unemployment rate seen since the coronavirus pandemic began in mid-March, according to personal finance website WalletHub.
Wyoming’s unemployment rate has again dropped since the beginning of the coronavirus pandemic in March, the Department of Workforce Services announced this week.
Wyoming has ranked in the top 10 states when it comes to the fastest recovering unemployment claims, a recent study declared.
The Wyoming Department of Workforce Services announced Tuesday that the state’s economy is gradually recovering from the large disruptions related to the coronavirus pandemic.
Wyoming’s unemployment rate fell slightly in May from April, indicating a modest improvement in the state’s economy.
As holidays draw near, employers at retail stores, restaurants and hotels in Wyoming may find the state’s current unemployment rate of 3.8 percent makes it very difficult for them to hire extra workers for the holiday season.
Wyoming’s unemployment rate is a good indicator of a healthy economy: people are working and therefore able to buy homes, cars — and Christmas and Hanukkah gifts.
