SWEETWATER COUNTY — As the year progresses so do positive Labor Force Trends in Wyoming and Sweetwater County. The Rock Springs Chamber Business Development Program tracks these changes and creates a Demographic Report. The Research & Planning section of the Wyoming Department of Workforce Services reported today that preliminary estimates indicate that the state’s seasonally adjusted unemployment rate fell from 4.0% in March to 3.7% in April.
Wyoming’s unemployment rate was significantly lower than its year-ago level of 4.7% and the current U.S. unemployment rate of 6.3%. Seasonally adjusted employment of Wyoming residents increased, rising by 1,657 individuals (0.6%)from March to April.
In this month’s Demographic report, as reported in the April Labor Force Trends News Release, the most current unemployment rate is that of 3.0% for Sweetwater County, and had a labor force of 26,051 compared to the 2013 number of 25,342. The City of Rock Springs and Sweetwater County is continually growing. Currently the trends are showing an annual population increase of 3%, with our current median age of 31.5 years, and continuing to get younger. The monthly demographic update is generated based off reliable data released by City, County, State and Federal Government entities.
The sole purpose of the monthly Demographic Update is to inform and educate not only the community of the changing demographics of Rock Springs and Sweetwater County, but to continue to keep our community and our business partners aware of the growing changes in our society and economy. The information that is released is also used to help attract and relocate new businesses to the area, aid in the growth and expansion of current businesses as well as help in retaining already established businesses in Rock Springs and Sweetwater County.
The Rock Springs Chamber of Commerce is dedicated to the community and its future success. Please feel free to contact the Chamber at 307-362-3771 or via email [email protected].
Click the link at the top to read the full report
