Although Wyoming's unemployment rate dropped from November to December by 0.2 percent, the state labor force has also decreased by about 2,500 people in the last year, signaling that the economy might be worsening.
Wyoming Department of Workforce Services Senior Economist David Bullard says the low unemployment rate doesn't tell the whole story about the state of Wyoming's economy.
The Wyoming unemployment rate went up again in August, making it the third consecutive month with an increase in joblessness. Wyoming’s unemployment increased from 5.6% to 5.7% in August. Senior Economist with the Wyoming Department of Workforce Services, David Bullard, says it’s not totally clear what’s responsible for the slight loss of jobs, but the slowdown of the energy sector is likely contributing. Bullard says Wyoming is still doing better than most other states.