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News Release Information

25-1242-KAN
Monday, August 04, 2025

Contacts Technical information: Media contact:
  • (816) 285-7000

Business Employment Dynamics in Wyoming – Fourth Quarter 2024

From September 2024 to December 2024, gross job gains from opening and expanding private-sector establishments in Wyoming were 18,894, while gross job losses from closing and contracting private-sector establishments were 18,048, the U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for Regional Operations Michael Hirniak noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 846 jobs in the private sector during the fourth quarter of 2024. (See table 1.) During the previous quarter, gross job losses exceeded gross job gains by 629. (See chart 1.)

 

The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all private businesses in the economy. Business Employment Dynamics (BED) statistics track these changes in employment at private-sector establishments from the third month of one quarter to the third month of the next. The difference between the number of gross job gains and the number of gross job losses is the net change in employment. (See the Business Employment Dynamics Technical Note.)

Gross job gains

In the fourth quarter of 2024, gross job gains represented 8.8 percent of private-sector employment in Wyoming; nationally, gross job gains accounted for 5.8 percent of private-sector employment. (See chart 2.) Gross job gains are the sum of increases in employment due to expansions at existing establishments and the addition of new jobs at opening establishments. In Wyoming, gross job gains at expanding establishments totaled 15,206 in the fourth quarter of 2024, an increase of 252 jobs compared to the previous quarter. Opening establishments accounted for 3,688 jobs gained in the fourth quarter of 2024, an increase of 182 jobs from the previous quarter.

Gross job losses

In the fourth quarter of 2024, gross job losses represented 8.4 percent of private-sector employment in Wyoming; nationally, gross job losses accounted for 5.7 percent of private-sector employment. (See chart 3.) Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. In Wyoming, contracting establishments lost 15,002 jobs in the fourth quarter of 2024, an increase of 521 jobs from the prior quarter. Closing establishments lost 3,046 jobs, a decrease of 1,562 jobs from the previous quarter.

Industries

Gross job gains exceeded gross job losses in 4 of the 5 published industry sectors in Wyoming in the fourth quarter of 2024. Leisure and hospitality had the largest over-the-quarter net job increase, with a gain of 583 jobs. This was the result of 5,873 gross job gains and 5,290 gross job losses. The professional and business services industry had the only loss of any sector in the state, with a net loss of 463 jobs.

For more information

The BED data series include gross job gains and gross job losses by industry subsector, for the 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands, as well as gross job gains and gross job losses at the firm level by employer size class. BED data for the states have been included in table 2 of this release. Additional information is available online at the Business Employment Dynamics Home.

The Business Employment Dynamics for First Quarter 2025 are scheduled to be released on Wednesday, October 29, 2025, at 8:00 a.m. (MT).

Revisions to Business Employment Dynamics (BED) Data

The release of First Quarter 2025 Business Employment Dynamics data, scheduled for October 29, 2025, will incorporate annual revisions in accordance with standard procedures. The revisions will include the previous four quarters of not seasonally adjusted data and five years of seasonally adjusted data.


Technical Note

The Business Employment Dynamics (BED) data are a product of a federal-state cooperative program known as Quarterly Census of Employment and Wages (QCEW). The BED data are compiled by the U.S. Bureau of Labor Statistics (BLS) from existing QCEW records.

More information on formal definitions of the data used in this release, along with coverage, concepts, and methodology, can be found in the Business Employment Dynamics Technical Note.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Private-sector gross job gains and losses by industry, Wyoming, seasonally adjusted
Category Gross job gains and losses
(3 months ended)
Gross job gains and losses
as a percent of employment
(3 months ended)
Dec.
2023
Mar.
2024
June
2024
Sept.
2024
Dec.
2024
Dec.
2023
Mar.
2024
June
2024
Sept.
2024
Dec.
2024

Total private (1)

Gross job gains

19,120 17,964 17,535 18,460 18,894 8.9 8.4 8.2 8.6 8.8

At expanding establishments

15,816 14,605 14,334 14,954 15,206 7.4 6.8 6.7 7.0 7.1

At opening establishments

3,304 3,359 3,201 3,506 3,688 1.5 1.6 1.5 1.6 1.7

Gross job losses

17,843 18,063 19,341 19,089 18,048 8.4 8.3 9.0 9.0 8.4

At contracting establishments

14,686 14,548 15,302 14,481 15,002 6.9 6.7 7.1 6.8 7.0

At closing establishments

3,157 3,515 4,039 4,608 3,046 1.5 1.6 1.9 2.2 1.4

Net employment change (2)

1,277 -99 -1,806 -629 846 0.5 0.1 -0.8 -0.4 0.4

Construction

Gross job gains

3,124 3,276 2,980 3,027 2,953 13.8 13.8 12.7 13.2 12.4

At expanding establishments

2,482 2,732 2,361 2,417 2,235 11.0 11.5 10.1 10.5 9.4

At opening establishments

642 544 619 610 718 2.8 2.3 2.6 2.7 3.0

Gross job losses

2,552 2,889 3,424 2,659 2,851 11.3 12.2 14.6 11.6 12.0

At contracting establishments

2,105 2,350 2,749 2,080 2,371 9.3 9.9 11.7 9.1 10.0

At closing establishments

447 539 675 579 480 2.0 2.3 2.9 2.5 2.0

Net employment change (2)

572 387 -444 368 102 2.5 1.6 -1.9 1.6 0.4

Retail trade

Gross job gains

1,735 1,892 1,639 1,837 1,872 5.7 6.2 5.4 6.1 6.3

At expanding establishments

1,527 1,686 1,482 1,563 1,463 5.0 5.5 4.9 5.2 4.9

At opening establishments

208 206 157 274 409 0.7 0.7 0.5 0.9 1.4

Gross job losses

1,765 1,605 1,968 2,082 1,656 5.8 5.2 6.5 6.9 5.5

At contracting establishments

1,605 1,409 1,780 1,658 1,471 5.3 4.6 5.9 5.5 4.9

At closing establishments

160 196 188 424 185 0.5 0.6 0.6 1.4 0.6

Net employment change (2)

-30 287 -329 -245 216 -0.1 1.0 -1.1 -0.8 0.8

Financial activities

Gross job gains

696 590 624 638 713 6.1 5.1 5.5 5.6 6.3

At expanding establishments

481 416 466 457 498 4.2 3.6 4.1 4.0 4.4

At opening establishments

215 174 158 181 215 1.9 1.5 1.4 1.6 1.9

Gross job losses

708 690 721 694 668 6.2 6.0 6.3 6.1 5.9

At contracting establishments

550 497 488 485 472 4.8 4.3 4.3 4.3 4.2

At closing establishments

158 193 233 209 196 1.4 1.7 2.0 1.8 1.7

Net employment change (2)

-12 -100 -97 -56 45 -0.1 -0.9 -0.8 -0.5 0.4

Professional and business services

Gross job gains

2,265 2,518 2,125 2,530 2,064 10.4 11.5 9.7 11.7 9.4

At expanding establishments

1,540 1,768 1,540 1,754 1,281 7.1 8.1 7.0 8.1 5.8

At opening establishments

725 750 585 776 783 3.3 3.4 2.7 3.6 3.6

Gross job losses

2,494 1,999 2,269 2,369 2,527 11.5 9.1 10.4 10.9 11.5

At contracting establishments

1,750 1,382 1,392 1,524 1,840 8.1 6.3 6.4 7.0 8.4

At closing establishments

744 617 877 845 687 3.4 2.8 4.0 3.9 3.1

Net employment change (2)

-229 519 -144 161 -463 -1.1 2.4 -0.7 0.8 -2.1

Leisure and hospitality

Gross job gains

5,618 4,357 5,052 5,395 5,873 14.5 11.0 13.1 14.1 15.0

At expanding establishments

5,083 3,679 4,363 4,639 5,317 13.1 9.3 11.3 12.1 13.6

At opening establishments

535 678 689 756 556 1.4 1.7 1.8 2.0 1.4

Gross job losses

4,893 5,172 5,467 5,500 5,290 12.6 13.2 14.2 14.3 13.5

At contracting establishments

4,422 4,511 4,595 4,416 4,731 11.4 11.5 11.9 11.5 12.1

At closing establishments

471 661 872 1,084 559 1.2 1.7 2.3 2.8 1.4

Net employment change (2)

725 -815 -415 -105 583 1.9 -2.2 -1.1 -0.2 1.5

(1) Includes unclassified sector not shown separately.
(2) The net employment change is the difference between total gross job gains and total gross job losses. See the Technical Note for further information.

Table 2. Private-sector gross job gains and losses as a percent of total employment by state, seasonally adjusted
Category Gross job gains as a percent of employment
(3 months ended)
Gross job losses as a percent of employment
(3 months ended)
Dec.
2023
Mar.
2024
June
2024
Sept.
2024
Dec.
2024
Dec.
2023
Mar.
2024
June
2024
Sept.
2024
Dec.
2024

United States(1)

6.0 5.7 5.8 5.8 5.8 5.7 5.4 5.9 5.8 5.7

Alabama

6.2 5.7 5.6 5.7 5.7 5.7 5.5 5.6 5.9 5.3

Alaska

10.2 10.5 10.2 7.9 10.3 9.9 8.6 9.6 9.7 9.6

Arizona

6.5 8.4 5.6 6.3 6.1 6.6 6.4 6.8 6.5 6.0

Arkansas

6.2 5.6 5.2 5.2 5.8 5.0 5.2 5.8 5.2 4.8

California

6.4 5.8 6.1 6.4 6.6 6.4 5.6 6.8 6.1 6.4

Colorado

8.2 6.4 6.5 6.3 6.1 7.6 7.7 6.2 6.7 6.7

Connecticut

5.6 5.6 5.8 5.5 5.5 5.7 5.2 5.6 5.7 5.6

Delaware

6.1 6.0 5.9 6.8 6.1 5.8 5.1 6.5 6.4 6.4

District of Columbia

5.2 5.1 5.1 4.9 5.0 5.6 4.9 6.0 5.0 5.5

Florida

6.1 5.8 6.0 6.6 6.0 5.9 5.4 5.9 5.7 6.2

Georgia

6.2 6.0 5.7 5.7 6.0 5.7 5.7 5.7 6.1 5.4

Hawaii

6.1 5.4 5.1 5.6 5.3 5.0 5.1 5.4 5.0 4.9

Idaho

8.5 7.9 7.5 7.2 8.2 5.8 8.3 7.4 7.6 6.8

Illinois

5.0 5.1 5.2 5.0 5.1 5.1 4.8 5.3 5.1 5.2

Indiana

5.5 5.3 5.2 5.3 5.4 5.1 5.0 5.5 5.4 5.2

Iowa

6.1 6.1 5.5 5.2 5.5 5.7 5.6 5.7 6.0 5.6

Kansas

5.8 5.7 5.8 5.3 5.9 5.3 5.6 5.7 5.6 5.2

Kentucky

5.7 5.7 5.2 5.4 5.3 5.2 5.0 5.9 5.5 5.5

Louisiana

6.3 6.2 5.7 6.1 6.2 5.8 5.7 6.3 5.8 5.4

Maine

7.4 7.2 7.3 6.2 6.7 7.0 6.1 7.0 7.0 7.0

Maryland

6.2 5.8 7.2 6.1 6.0 5.8 5.7 6.5 6.1 5.9

Massachusetts

5.5 5.2 5.7 4.9 5.3 5.5 5.1 5.6 5.8 5.6

Michigan

5.5 5.4 5.7 5.4 5.4 5.5 5.2 5.6 5.8 6.0

Minnesota

6.9 5.8 5.7 5.1 5.5 6.9 5.7 5.4 5.9 5.1

Mississippi

6.1 5.7 5.8 6.1 6.3 5.7 6.1 6.3 5.7 6.4

Missouri

6.0 5.7 5.6 5.5 5.7 5.6 5.3 5.8 5.8 5.3

Montana

8.8 8.1 7.9 7.3 8.4 7.2 7.5 7.6 8.1 7.8

Nebraska

5.9 5.8 5.4 5.6 5.6 5.7 5.1 5.6 5.6 5.5

Nevada

6.7 5.9 5.8 6.1 6.2 5.4 6.2 5.7 5.9 5.8

New Hampshire

6.2 6.5 6.1 5.5 6.3 5.9 5.8 6.0 6.7 5.9

New Jersey

5.9 5.5 5.9 5.3 6.0 5.8 5.4 5.4 5.8 5.3

New Mexico

6.9 6.0 6.0 6.2 5.8 5.8 6.0 6.3 6.3 5.9

New York

5.7 5.9 5.9 5.6 5.6 5.6 5.0 5.5 5.7 5.5

North Carolina

6.3 5.4 5.6 5.6 6.1 4.9 5.5 5.7 6.1 5.5

North Dakota

6.7 6.9 6.6 6.5 6.5 6.3 6.1 6.6 6.6 6.7

Ohio

5.4 5.5 5.2 5.1 5.4 5.2 4.8 5.4 5.4 5.1

Oklahoma

6.1 5.6 5.6 6.0 5.9 5.8 5.2 6.4 5.6 5.4

Oregon

6.2 6.4 6.0 6.3 6.2 6.2 6.1 6.4 6.6 6.8

Pennsylvania

5.2 5.1 4.9 5.1 5.2 4.8 4.6 5.1 5.1 4.8

Rhode Island

6.8 6.9 6.6 6.2 7.2 6.3 5.7 6.7 6.5 6.3

South Carolina

6.2 6.4 5.9 6.2 6.5 5.3 6.3 6.4 5.9 6.0

South Dakota

6.6 6.3 6.0 5.9 6.7 5.8 5.8 6.3 5.9 5.9

Tennessee

6.2 5.5 5.5 5.6 5.6 5.5 4.9 5.7 5.8 5.0

Texas

5.7 5.4 5.4 5.6 5.8 5.2 5.1 5.3 5.3 5.1

Utah

6.6 6.7 6.4 6.6 6.6 6.5 6.0 6.6 6.1 6.2

Vermont

7.3 7.2 6.6 6.6 6.7 6.6 6.3 7.5 7.3 6.8

Virginia

5.9 5.7 5.7 5.8 5.8 5.5 5.2 5.6 5.5 5.5

Washington

6.0 5.7 5.7 5.7 5.7 5.4 5.3 5.3 5.4 5.3

West Virginia

6.5 6.9 6.6 5.8 6.4 5.8 5.7 6.8 6.6 6.1

Wisconsin

5.5 5.5 5.3 5.0 5.3 5.2 4.8 5.5 5.4 5.0

Wyoming

8.9 8.4 8.2 8.6 8.8 8.4 8.3 9.0 9.0 8.4

Puerto Rico

4.9 5.4 5.6 5.4 4.4 4.8 4.6 4.9 5.1 5.5

Virgin Islands

6.0 5.6 4.3 4.4 4.0 5.9 4.5 5.1 6.1 12.6

(1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands. The sum of the states will not necessarily add to the U.S. total because of the independent seasonal adjustment of each state.

 

Last Modified Date: Monday, August 04, 2025