KEY BENCHMARKS

The following Key Benchmarks will be used to measure the region's progress each year. Although we have a lot to accomplish over the next 20 years, we expect to see continual improvement each year along the way.
 

1. Diversity of jobs--growth in private sector employment other than mining will increase at a rate exceeding 2.5 percent per year, while maintaining existing mining jobs 1. History: Private sector employment other than mining increased 8.7% per year from 1970-1985, lost 4. 0% per year from 1985-1989, increased 4.6%per year from 1989-1994, and 1994-1997, change has been 1. 4%. Mining jobs 1970-1,220, 1980-4,440, 1990-4,800, 1994-4870.

2. Job growth--net new jobs per year will increase at the rate of at least 2.5 percent per year. In the initial years, this will mean about 500 net new jobs per year --- the number of net new jobs required each year to provide those young people who so desire an opportunity to stay in Campbell County. History: From 1970 to 1994, there was an annual net change in employment of 627jobs per year, and the annual percentage change averaged 5.4 percent a year. Please note, that the number of jobs in 19 70 was 6, 010 whereas in 199,4, there were 21,050 jobs. Therefore, the percentage increase was higher between 1970 and l994 because of the low beginning jobs year. The predominant jobs growth was between 197O and 1985, and then a decline in jobs occurred until 1989. From 1989 to 1997 job growth has been more stable.

3. Earnings--increase average private sector earnings per job without mining at the U.S. private sector earnings per job average or greater each year. History: Between 1970 and 1994, after adjustment for inflation, the U.S. private sector earnings perj ob increased. I percent per year. Campbell County, private sector earnings per job without mining, increased 1. 2% per year from 1970-1980, lost 4.3% per year from 1980-1989, and increased 1. 8% per year from 1989- 1994. This divergence in growth rates since 1980 has resulted in an $8,846 gap between Campbell County private sector earnings per job without mining and the U.S. private sector earnings per job in 1994. -In 19 70, the gap was zero.

1Job and income data are from the Wyoming Department of Employment. Employment data is for all jobs including 2nd and 3rd jobs and military and is located by place of work. Population, employment and income data are for July I of each year. This employment definition is broad and includes wage and salary workers, proprietors, private household employees and miscellaneous workers. Because of the broad definitions and place of work counting, the number of jobs are frequently larger than other employment data series.

 

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