America is in the midst of a mass workforce shortage, and unfortunately, Wyoming is one of the states that is suffering the most. Sixteen states, as well as the District of Columbia, have been classified as “Most Severe’“, or most impacted by the labor shortage, and with a worker shortage index of 0.46, Wyoming holds the fifteenth spot.
By the numbers:
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46 available workers for every 100 open jobs
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19,000 job openings
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64.5: labor force participation rate
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2.9: unemployment rate
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3.1: quit rate
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4.5: hiring rate
Go deeper: Along with a deep dive into the specifics of the labor shortage’s impacts on Wyoming, the U.S. Chamber also offers a look into how our state’s workforce compares to the rest of the country.
Like the majority of states, there is less workforce participation in Wyoming than there was before the pandemic.
While the Wyoming labor force isn’t quite where it was before Covid, participation in the workforce is well above the national average. The national average workforce participation sits at 62.7%, while Wyoming’s is 64.5%.
Wyoming’s increase in job openings since pre-pandemic is similar to most other states, sitting in the range of 10-39%. In most of these workforce and labor market comparisons, Wyoming seems to be faring well, with the exception of available workers.
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