Wyoming unemployment rate falls, now third lowest in country

Wyoming’s unemployment rate fell to 8.8% in May, as the state began to recover from the economic fallout from the coronavirus pandemic.

The Equality State had the nation’s third lowest unemployment rate for the month, trailing only Nebraska and Utah, federal figures show.

The national unemployment rate, meanwhile, stood at 13.3%.

In April, Wyoming unemployment rate shot up from 3.8% to 9.6% as restrictions put in place to slow the virus’ spread also slowed the state’s economy. At the same time, a global oil price war took its toll on the oil and gas industry.