Single Wyoming adult needs $10.24/hr to be self-sufficient; $15/hr not enough if raising a child By Brendan LaChance on January 27, 2021
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CASPER, Wyo. What does it cost to be self-sufficient in Wyoming? A single adult working full time needs to earn at least $10.24/hr.
That’s according to “The Self-Sufficiency Standard for Wyoming 2020” prepared by Dr. Diana M. Pearce for the Wyoming Women’s Foundation in Feb. 2020.
“A single adult needs to earn $10.24 per hour working full time to be able to meet his or her basic needs, which is nearly three dollars per hour more
than the federal minimum wage rate ($7.25 per hour in 2020) or double Wyoming’s minimum wage rate of $5.15 per hour,” the report states.
Wyoming sees rig count rise as oil climbs over $50/barrel but drilling ban could cost state billions By Brendan LaChance on January 21, 2021
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CASPER, Wyo. The price of crude oil has climbed above $50 per barrel and in the first week of Jan. 2021 reached the highest levels seen since Feb. 2020,” according to the U.S. Energy Information Administration.
As oil prices climbed in December, so did Wyoming’s rig count, according to a State of Wyoming Economic Analysis Division MACRO report released on Wednesday.
The report says that there were six oil rigs and one natural gas rigs operating in December 2020. While this was in increase from prior months, the rig count was down compared with the 21 oil rigs and six gas rigs operating in Dec. 2019.
Wyoming Loses 14,400 Energy Jobs In November Compared To 2019 – Sheridan Media sheridanmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sheridanmedia.com Daily Mail and Mail on Sunday newspapers.
CASPER â For Wyomingâs miner, the COVID-19 pandemic has been brutal.
A new report by Wyomingâs Economic Analysis Division this week shows the mining sector lost more jobs than any other last year â 6,000 as of November 2020 â a staggering 29% decline from a year ago.
The mining sector encompasses a wide variety of jobs involved in the extraction of oil, gas, coal, trona, uranium, copper and more, Dylan Bainer, the stateâs principal economist, said.
The collapse in energy markets worldwide incited by the pandemic led many mineral producers to dramatically scale back production, shut down wells and hope for better times.
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