News & EventsWyoming industry drives economic gains as state climbs out of bust « Back to Search Results
The oil and gas industry continues to drive down unemployment rates in parts of Wyoming, though the state average remains higher than national numbers.
The U.S. unemployment rate currently sits at 3.7 percent compared to Wyoming’s 4.2 percent. The state’s gradual climb out of a simultaneous bust in coal, oil and gas has yet to fill the gaps in jobs and state income created by the downturn. But a year and a half of favorable crude prices has shifted job numbers, particularly in areas of the state where activity in the oil and gas fields predominates.