A Senior Economist with the Wyoming Department of Workforce Services says that while most counties have seen unemployment drop over the past year, layoffs in the oil and gas industry are a big concern going forward.
Wyoming's seasonally adjusted unemployment rate increased from 4.0% in June to 4.4% in July, according to a new report from the state Department of Research & Planning.
Senior Economist David Bullard says he was surprised by the jump because it seems to be inconsistent with other statistics, including claims for unemployment insurance, which have actually been decreasing in the state.
State economists say Wyoming’s economy illustrated signs of developing weakness from October to December of 2012 but still remains strong overall.
The state-run Economic Analysis Division released its overall economic report for the fourth quarter of 2012 on Monday...