Sunday, July 23, 2017

Net Loss: 25,000

So reports the Casper Star Tribune.

That's how many net workers departed the state, more accurately.  Interestingly, 88,000 people moved in, but not enough to make up for the loss such that overall, the state lost 25,000 people.

For long term residents, that's not that much of a surprise.  For new ones, it likely is.  It shows both the impact of the boom/bust nature of our economy, and also shows how much of the state's population is transient, even in down times.

The big question is, of course, has it stopped.  Right now, the evidence isn't so good that it has.  Oil prices continue to fluctuate pretty widely and remain very low.  Coal has rebounded some, as earlier reported on here, but isn't what it once was and is unlikely to ever become so.

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