These are the counties with the highest unemployment rates in Wyoming | News

While today’s unemployment rate is well below the April 2020 peak of the COVID-19 pandemic at 14.7%, fears of job losses remain as workers face an uncertain economic future.

Experts are divided on the potential recession. Student loan repayments, persistently high gas prices, persistent inflation and escalating insurance costs are just a few of the factors that could limit consumer spending and potentially trigger another recession. The last economic recession before the pandemic was the Great Recession of 2007-2009. — sent unemployment up to 10% as of October 2009, and a full recovery took years.

But as of August 2023, the country’s unemployment rate remains relatively low at 3.8% — almost the same as the same month last year and about 0.3 percentage points higher than in July. Regional and state employment varies greatly depending on the local economy. Seasonally adjusted unemployment rates by state show quite a spectrum, ranging from just 1.7% in Maryland to 5.4% in Nevada.

Stecker compiled a list of the counties with the highest unemployment rates in Wyoming using data from the Bureau of Labor Statistics. Counties are ranked by their previous unemployment rate in August 2023, with the original ties broken by the number of unemployed in that county, although some ties may remain. The county-level unemployment rate is not seasonally adjusted.