Economist eyes new unemployment numbers
Laramie, Wyo. – The dramatic rise in unemployment nationally has Wyoming economists wondering how long Wyoming can keep adding jobs. While much of the country is losing jobs, this state is still drawing workers at a modest two percent job growth rate.
Economist Robert Godby at the University of Wyoming says the impact of the recession will be greater in some areas of the state than others.
"The areas that are most susceptible are the areas where people use discretionary spending, like tourism and retail," he said.
Godby expects the energy industry to continue to be the bright spot in the state's economy. Still, he says it's likely that job growth in Wyoming will flatten as the national recession continues.