Wyoming Unemployment Rate Falls
Laramie, WY – The Wyoming unemployment rate fell in July for the sixth consecutive month to six-point-seven percent. That number is down from six-point-eight percent in June and a high of seven-point-five percent in February. Both the number of unemployed and the unemployment rate are at their lowest levels since July of last year.
University of Wyoming economist, Rob Godby, says that nationally, unemployment growth is beginning to rise, but in Wyoming, the rates are improving.
"In Wyoming we've seen steady improvement and in fact," he says. "Wyoming is showing signs of improvement that even the rest of the region isn't seeing."
Godby says there are weaknesses in the state economy and they reflect regional and national economic trends with weaker demand in the retail and trade sectors.