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Governor Bullock Announces Montana’s Unemployment Rate Steady at 4.3 Percent in October

Tuesday, November 22, 2016/Categories: Governor's Office/Tags:

MONTANA– Governor Steve Bullock today announced Montana’s unemployment rate remained steady at 4.3 percent in October, with payroll employment increasing by 2,200 jobs.  The national unemployment rate decreased by 0.1 percentage points to 4.9 percent. 

Montana’s economy continues to grow and diversify, creating new opportunities for Main Street businesses to expand and hire more hard-working Montanans,” said Governor Bullock. “We must continue to ensure that those businesses have a pipeline of highly-trained, skilled workers to fill the good-paying jobs being created.

Payroll employment estimates indicate over-the-month job growth of 2,200 jobs, with strong gains in the construction and leisure activities industries.  Total employment estimates, which include the self-employed and agricultural employment in addition to payroll employment, indicated an over-the-month gain of roughly 1,200 jobs.

Montana’s economy remains strong,” said Montana Labor & Industry Commissioner Pam Bucy. “Montanans can expect to experience increasing wages and ongoing economic prosperity for themselves and for their families.”

The Consumer Price Index for All Urban Consumers (CPI-U) increased in October by 0.4 percent, led by price increases for gasoline and housing.  The gasoline index increased by a large 7.0% over the month, accounting for the largest portion in the gain in the overall index.  Over the last twelve months, the CPI-U rose 1.6 percent before seasonal adjustment.  Core inflation, measured by the all items less food and energy index, rose 0.1 percent over the month.

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** Statewide unemployment figures are seasonally-adjusted.  Seasonally-adjusted numbers remove the effects of events that follow a more or less regular month-to-month pattern each year. These adjustments make nonseasonal patterns easier to identify. The margin of error for the unemployment rate is plus or minus 0.5 percentage points at the 90 percent confidence level. All questions relating to the calculation of unemployment rates should be directed to the Montana Department of Labor and Industry’s Research and Analysis Bureau at 1-800-541-3904.

The next Labor Situation Report for the month of November 2016 will be released on Friday, December 16th

****** INFORMATION AVAILABLE ON THE INTERNET ******

Visit our website at www.lmi.mt.gov for additional information and analysis, including industry employment levels, background on the unemployment rate, and wage rates by occupation.  This month’s Economy at a Glance article discusses STEM employment in Montana. 

****** COUNTY UNEMPLOYMENT RATES ******

The unemployment rate and ranking for each of Montana’s 56 counties is provided below for your convenience.  County unemployment rates and employment levels are not seasonally adjusted and should be compared to the unadjusted statewide unemployment rate of 3.8%. 

 

Unemployment Rate

Employment

Rank

County

Current Unemployment Rate

Change over Year

Current Employment

Job Change from Last Year

1

Daniels County

2.4

-0.4

880

-49

1

McCone County

2.4

0.6

986

-32

1

Powder River County

2.4

0

1,058

-11

4

Carter County

2.5

0.1

659

-26

5

Beaverhead County

3.0

0

4,938

52

5

Gallatin County

3.0

0

60,364

1,889

5

Garfield County

3.0

0.5

713

-36

5

Judith Basin County

3.0

0.2

905

-31

5

Valley County

3.0

0.4

4,210

-74

10

Fallon County

3.1

0.8

1,730

-123

10

Sweet Grass County

3.1

0.4

1,724

-18

12

Lewis and Clark County

3.2

0.3

33,762

-277

12

Prairie County

3.2

-1.1

508

22

14

Chouteau County

3.3

0.5

2,350

-105

14

Custer County

3.3

0.5

5,910

-310

14

Yellowstone County

3.3

0.3

80,352

230

17

Missoula County

3.4

0.1

60,619

471

17

Petroleum County

3.4

-1.5

255

-16

17

Sheridan County

3.4

1.2

1,810

-202

20

Carbon County

3.5

-0.2

5,369

-1

20

Liberty County

3.5

1.2

936

-3

20

Toole County

3.5

0.2

2,120

-69

20

Treasure County

3.5

-1

335

-5

24

Fergus County

3.6

0.3

5,453

-134

24

Stillwater County

3.6

-0.2

4,609

-72

24

Teton County

3.6

0.1

2,700

-60

24

Wibaux County

3.6

0

485

-48

28

Cascade County

3.7

-0.1

37,224

-191

28

Dawson County

3.7

0.7

4,379

-309

30

Deer Lodge County

3.8

0.3

5,020

-47

31

Madison County

3.9

0.5

3,647

95

31

Park County

3.9

-0.8

8,158

144

33

Silver Bow County

4.0

0.2

16,319

-266

34

Blaine County

4.1

0.1

2,265

-39

34

Ravalli County

4.1

-0.4

18,790

209

36

Jefferson County

4.2

0.7

5,330

-52

36

Pondera County

4.2

0.4

2,757

-19

38

Broadwater County

4.3

0.1

2,432

44

38

Lake County

4.3

0

12,423

250

38

Phillips County

4.3

0.5

1,798

-70

41

Richland County

4.4

1.3

5,910

-777

42

Golden Valley County

4.5

0.5

379

-3

42

Meagher County

4.5

1.2

810

-112

42

Musselshell County

4.5

0.1

2,176

-118

45

Hill County

4.7

1

7,421

-152

46

Powell County

4.8

0.7

2,718

-186

46

Roosevelt County

4.8

0.4

4,390

-55

46

Wheatland County

4.8

-0.1

737

4

49

Granite County

5.0

-0.2

1,549

101

50

Flathead County

5.1

0.2

43,006

686

51

Rosebud County

5.4

0.4

3,757

-182

52

Big Horn County

5.8

0.6

5,131

-175

53

Sanders County

6.3

-0.5

4,515

79

54

Mineral County

6.7

-1.6

1,559

-85

55

Lincoln County

7.2

-0.5

7,391

174

56

Glacier County

7.6

-0.3

5,180

147

 

****** RESERVATION UNEMPLOYMENT RATES ******

The unemployment rate and ranking for each of Montana’s seven reservations is provided below.  Reservation unemployment rates and employment levels are not seasonally adjusted and should be compared to the unadjusted statewide unemployment rate of 3.8%.  Reservation areas overlap with county areas, meaning that unemployed individuals living on a reservation will be included in both the reservation and county totals.

 

 

Unemployment Rate

Employment

Rank

Reservation

Current Unemployment

Change over Year

Current Employment

Job Change from Last Year

Rate

1

Flathead

4.6

0

12,191

239

2

Fort Peck

6

0.5

3,964

-59

3

Crow

8.9

0.9

2,579

-80

4

Fort Belknap

9.5

0.4

744

-14

5

Blackfeet

10.7

-0.3

3,679

96

6

Northern Cheyenne

12.3

0.7

1,355

-58

7

Rocky Boy's

13.3

2.3

1,060

-29

 
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