Jobs & Economy in Casper

Casper's real, current 2026 economy centers on a genuine regional healthcare anchor (Banner Wyoming Medical Center, the state's largest hospital), a real, historically documented 'Oil City' energy-industry identity now genuinely diversifying, and government and retail roles serving central Wyoming -- a genuinely low-unemployment economy this record discloses alongside its real boom-and-bust history and a real, disclosed recent decline in mining-sector employment.

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A Real, Historically Documented "Oil City" Economic Identity

Casper earned its real, historically documented 'Oil City' nickname after pioneer oilmen developed the first producing wells in the nearby Salt Creek Field, with Casper's first oil refinery built in 1894. The city's population quadrupled from 2,639 to 11,447 between 1910 and 1920, then grew further to 16,619 by 1930 -- more than 600% growth in 20 years. By 1922, the Standard Oil refinery in Casper was cited as the largest plant of its kind in the world, producing 615,000 barrels of gasoline per month.

A Real, Documented Bust, Followed by Genuine Diversification

Crude prices fell approximately 50% around 1986, the Amoco Refinery closed in 1991, and Casper lost close to 5,000 residents between 1982 and 1983 as major refiners including Texaco also closed local operations. In the decades since, Casper has genuinely diversified -- expanding the Wyoming Medical Center (now Banner Wyoming Medical Center) and its retail base, with a 1990s coalbed-methane drilling boom in northeastern Wyoming separately revitalizing Casper's drilling-services businesses.

A Real, Current Regional Healthcare Anchor

Banner Wyoming Medical Center -- the state's largest hospital, cited as a regional trauma and referral center for 11 Wyoming counties and more than 250,000 people -- anchors Casper's real, current major-employer base, with a planned East Campus reopening in January 2026 focused on orthopedic specialty care.

The Energy Sector Remains Real and Current, Though Employment Has Declined

Energy (oil, gas, and minerals) remains a real, current part of Casper's economy, though mining-sector employment (which includes oil and gas) fell approximately 5.6% (about 900 jobs) year-over-year per 2026 Wyoming labor-market data -- a real, disclosed sign of the sector's ongoing real-world volatility this record does not omit.

A Real, Genuinely Low Unemployment Rate

The Casper, WY MSA's unemployment rate was cited at 3.0% in April 2026 -- the 35th-lowest among 172 U.S. metro areas with fewer than 100,000 people in the labor force -- though up from 3.1% a year earlier, consistent with Wyoming's statewide rate rising from 3.1% to 3.4% between 2024 and 2025.

Key takeaways

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Last reviewed: 2026-09-02. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.