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Thermopolis' and
Hot Springs County's work force is small but capable. Furthermore,
Washakie County, directly to the North, lies within a 35 minute commute,
and considering the population living within a half-hour's drive of
Thermopolis nearly triples the number of
potential workers. The labor force within an hour's drive totals
around 16,000.
Many
well-qualified people live here who are underemployed in terms of their
education or training: they
remain here or move here to enjoy the quality of life, even at the cost of
taking jobs that pay less than those they could command elsewhere. A
recent (October, 2000) study by Pathfinder Resources (of Dallas, Texas)
indicates that in this area there are around 2,800 underemployed
workers. About 25% of these, the study concludes, would take a
new job for $9.00 per hour or less.
Many
well-qualified Wyoming young people are forced to move out-of-state to
find the kinds of jobs for which they trained. Many of these people
would gladly return to the state if suitable jobs are available.
Since Wyoming's population is so small, and people know each other, it is relatively
easy to locate
such people when their skills are needed.
| HOT SPRINGS COUNTY Labor Force Statistics 1990-98 (Wyoming
Department of Employment Research and Planning) |
| |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
1998 |
| LABOR FORCE |
2,408 |
2,416 |
2,444 |
2,494 |
2,571 |
2,425 |
2,530 |
2,384 |
2,419 |
| EMPLOYMENT |
2,311 |
2,305 |
2,307 |
2,356 |
2,432 |
2,311 |
2,424 |
2,278 |
2,309 |
| UNEMPLOYMENT
|
97 |
111 |
137 |
138 |
139 |
114 |
106 |
106 |
110 |
| UNEMPLOYMENT
RATE |
4.0 |
4.6 |
5.6 |
5.5 |
5.4 |
4.7 |
4.2 |
4.4 |
4.5 |
Hot Springs County
Wyoming Dept. of Employment, Research Division
Wyoming Average Tax Rate by Major
Industry for CY 1999
| Division |
1999
Base
Rate |
INEFFC/NC
Adjustment
Factor |
Fund Balance
Adjustment
Factor |
1999
Rate |
Agriculture, Forest, Fishing
(Group 01-09) |
0.0170 |
0.0027 |
0.0000 |
0.0197 |
Mining
(Group 10-14) |
0.0216 |
0.0027 |
0.0000 |
0.0243 |
Construction
(Group 15-17) |
0.0325 |
0.0027 |
0.0000 |
0.0352 |
Manufacturing
(Group 20-39) |
0.0217 |
0.0027 |
0.0000 |
0.0244 |
Trans, Comm, Elect, Gas, San Serv
(Group 40-49) |
0.0179 |
0.0027 |
0.0000 |
0.0206 |
Wholesale
(Group 50-51) |
0.0118 |
0.0027 |
0.0000 |
0.0145 |
Retail
(Group 52-59) |
0.0135 |
0.0027 |
0.0000 |
0.0162 |
Finance, Ins, Real Estate
(Group 60-67) |
0.0100 |
0.0027 |
0.0000 |
0.0127 |
Services
(Group 70-89) |
0.0123 |
0.0027 |
0.0000 |
0.0150 |
Public Adm
(Group 91-97) |
0.0100 |
0.0027 |
0.0000 |
0.0127 |
Not elsewhere classified
(Group 99) |
0.0200 |
0.0027 |
0.0000 |
0.0227 |
Any delinquent employer will be assessed 2.00%
plus the assignable rate (This cannot exceed the maximum tax rate).
The minimum tax rate assigned to an
employer is .0027 (.27%) (Computed rate employers only).
The maximum tax rate assigned to any employer is .0877
(8.77%).
The taxable wage base for 1999 is $13,100.00
Data from State of Wyoming
Department of Employment, Employment Resources Division. |
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