Wyoming's Unemployment Close to Pre-Pandemic Levels
The unemployment rate in Wyoming has fallen down to 3.8%, after reaching a high of 8.6% in May 2020, as inflation continues to rise.
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The unemployment rate in Wyoming has fallen down to 3.8%, after reaching a high of 8.6% in May 2020, as inflation continues to rise.
With Some Jobs Returning to Wyoming, Mining Still Lags Behind In a press release, the Wyoming Department of Administration & Information announced their quarterly economic report on the state of Wyoming's economy, notably employment, revenues, and energy. According to the report, Wyoming continues see increases in employment compared to the lows of 2020, except for the mining sector which is struggling to recover. Get our free mobile app The state saw an increase of 9,700 jobs this May, much it from the leisure and hospitality sector, which saw 9,200 more jobs in May 2021, however mining and...
Wyoming residents can afford to pay more in taxes, argues an analysis by the Laramie County Community Collegeâs Center for Business and Economic Analysis, citing the stateâs already low tax burden and relatively inexpensive cost of living. The analysis, drafted last December, was presented to the Joint Revenue Committee on May 11 as part of an interim discussion on the stateâs tax structure. It expands on a 2020 Legislative Service Office study that compared Wyomingâs median tax rates to those in surrounding states like Nebraska, Montana and the Dakotas. That study found W...
LCCC study: Wyo residents can afford higher taxes The restored Wyoming State Capitol building is seen at night on Feb. 11, 2020, in Cheyenne. (Dan Cepeda, Oil City File) Wyoming residents can afford to pay more in taxes, an analysis by the Laramie County Community College’s Center for Business and Economic Analysis argues, citing the state’s already-low tax burden and relatively inexpensive cost of living. The analysis, which was drafted last December, was presented to the Joint Revenue Committee Monday as part of an interim discussion on the state’s tax structure. It expands on a 202...
Oil stays above $60/barrel but Wyoming rig count flat, down 4,100 jobs compared with 2020 By Brendan LaChance on May 10, 2021 (Shutterstock) CASPER, Wyo. — While the price of oil stayed above $60 per barrel and the price of natural gas increased in April, Wyoming’s rig count has remained flat for the past few months, according to the Wyoming Insight: April 2021 released by the Wyoming Economic Analysis Division on Monday. There were 7,500 oil and gas jobs in Wyoming in March, which is 4,100 less than there were in March 2020, according to the report. There were six active oil rigs in Ap...