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Thu February 14, 2013
Wyoming’s job market slows after boom
Wyoming’s economy is slowing down. That’s according to numbers from the Wyoming Department of Workforce Services.
In the second quarter of 2012, job growth was up, especially in the construction sector. Employment increased in 18 Wyoming counties. At almost 1,700 new jobs, Natrona County led the state.
But Department Senior Economist David Bullard says the numbers for the third quarter of 2012 will show a different picture…
“The job growth slowed from about 2 percent to less than 1-percent. The payroll growth slowed from over $100 million to just $3 million. So in the third quarter, we really saw things slow down.”
Bullard says the state’s oil and gas industry lost a few hundred jobs, and job growth in the construction sector flat lined.