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Wyoming unemployment rises slightly to 2.9% in May 2024

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Via the Wyoming News Exchange

CHEYENNE (WNE) — The Research and Planning Section of the Wyoming Department of Workforce Services reported Wednesday that the state’s seasonally adjusted unemployment rate rose slightly from 2.8% in April to 2.9% in May.

Wyoming’s unemployment rate has remained within the narrow range of 2.8% to 3% for 15 months. The U.S. unemployment rate in May was 4%.

From May 2023 to May 2024, unemployment rates rose in 19 counties, remained unchanged in three counties, and fell slightly in Teton County (down from 2.7% to 2.6%). The largest increases occurred in Big Horn (up from 2.8% to 3.4%) and Sublette (up from 2.8% to 3.4%) counties.

The highest unemployment rates in May were found in Big Horn, Sublette and Uinta counties (each at 3.4%). The lowest unemployment rate was reported in Niobrara County at 2.1%. It was followed by Weston and Crook counties (each at 2.3%).

June unemployment data will be released on July 22.

This story was published on June 27, 2024.

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