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Just the Facts: We’re in a Worker Drought

Writer's picture: Wyoming Chamber TeamWyoming Chamber Team


Wondering how our workforce faired last year compared to years past? Check out these numbers from the U.S. Chamber of Commerce on both the United States as a whole and Wyoming itself:


  • U.S. Unemployment Rate 2024: 4.1%

  • U.S. Unemployment Rate 2019: 3.6%

  • U.S. Unemployment Rate 2016: 4.7%

  • U.S. Labor Force Participation Rate (Overall) 2024: 62.5%

  • U.S. Labor Force Participation Rate (Overall) 2019: 63.3%

  • U.S. Labor Force Participation Rate (Overall) 2016: 62.7%

  • U.S. Labor Force Participation Rate (Prime Working Age: 25-54) 2024: 83.4%

  • U.S. Labor Force Participation Rate (Prime Working Age: 25-54) 2019: 83%

  • U.S. Labor Force Participation Rate (Prime Working Age: 25-54) 2016: 81.3%

  • U.S. Job Openings 2024: 8.1M

  • U.S. Job Openings 2019: 6.9M

  • U.S. Job Openings 2016: 6M

  • U.S. Ratio of Open Jobs to Number of Unemployed People 2024: 0.85

  • U.S. Ratio of Open Jobs to Number of Unemployed People 2019: 0.85

  • U.S. Ratio of Open Jobs to Number of Unemployed People 2016: 1.26

  • Wyoming had 46 available workers for every 100 open jobs in 2024.

  • Wyoming Job Openings 2024: 19,000

  • Wyoming Unemployed Workers 2024: 8,739

  • Wyoming Labor Force Participation Rate 2024: 64.5

  • Wyoming Unemployment Rate 2024: 2.9

  • Wyoming Quit Rate 2024: 3.1

  • Wyoming Hiring Rate 2024: 4.5

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©2024 Wyoming Chamber of Commerce

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