The proportion of Wyoming residents over the age of 65 is growing faster than any other state. In order to adequately address this societal phenomenon, the state’s economy will need to fill the needs created by this new generational dynamic. And it will take a combination of federal, state and private services to empower Wyoming residents to successfully navigate their vulnerable years of older adulthood, officials say.
The Wyoming Department of Administration and Information’s Economic Analysis Division released a report in June confirming that the trend of Wyoming’s population growing older has slowed some, but continues to outpace the rest of the nation. Wyoming Chief Economist Wenlin Liu said the state’s moderate-paced recovery from economic recession likely played a role, as young workers were more likely to move to neighboring states that experienced stronger growth.