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Montana’s Unemployment Rate at 4.1 Percent in August

Montana’s Unemployment Rate at 4.1 Percent in August

Friday, September 18, 2015/Categories: Department of Labor and Industry, Governor's Office/Tags: Unemployment Rate

FOR IMMEDIATE RELEASE: September 18, 2015

CONTACT: Mike Wessler, Deputy Communications Director, Governor’s Office, 444.9725

Jake Troyer, Communications Director, Department of Labor & Industry, 444.1674

Barbara Wagner, Chief Economist, Department of Labor & Industry, 444.5474

HELENA – Montana’s unemployment rate rose slightly in August to 4.1 percent, an increase of 0.1 percentage points.  The U.S. unemployment rate edged down to 5.1 percent, a 0.2 percentage point decline.

“Montana’s economy continues to show strength after a rapid expansion early in the year,” Governor Steve Bullock said.  “Job growth continues to be well above average, with 10,700 more jobs than this time last year.”

“With the unemployment rate around four percent, workers should expect to see wages grow,” said Labor Commissioner, Pam Bucy. “Our workforce education and training systems continue their efforts to provide qualified, hard-working employees for Montana’s economy.”

Both total employment and payroll employment levels showed little change over the month.  Payroll employment added 700 jobs over the month, with the strongest job gains within the Leisure and Hospitality industry.  Total employment estimates, which include agricultural and self-employed workers along with payroll workers, indicate a statistically insignificant loss of 568 jobs.  Employment growth during 2015 remains quite strong, with a 2.2 percent increase in employment over the last year compared to the long-term average of about 1 percent.  The labor force expanded slightly by 46 workers over the month.

The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in August on a seasonally adjusted basis due to a sharp decline in gasoline prices. The CPI-U has increased 0.2 percent over the year.  The over-the-year increase in the August CPI-U is important in Montana because it is the metric used to adjust Montana’s minimum wage for inflation each year.  The index for all items less food and energy (also called core inflation) rose 0.1 percent in August, stemming from increases in housing costs.

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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 September 2015 will be released on Tuesday, October 20, 2015. 

Description: ourfactsyourfuture code.png****** 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 includes a summary of the 2015 Labor Day Report.

 

****** 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 3.7 percent. 

 

 

Unemployment Rate

Employment

Rank

County

Current Unemployment Rate

Change over Year

Current Employment

Job Change from Last Year

1

Fallon County

1.5

-0.2

2,207

35

2

McCone County

1.8

-0.5

1,112

-15

3

Daniels County

2.0

-0.8

926

-25

4

Powder River County

2.1

-1.1

1,082

31

4

Sheridan County

2.1

-0.1

2,162

33

6

Garfield County

2.2

-0.4

725

-28

7

Gallatin County

2.3

-0.5

60,149

2,358

7

Sweet Grass County

2.3

-0.7

1,833

-2

9

Liberty County

2.4

-0.5

975

-15

10

Valley County

2.6

0.0

4,553

60

11

Chouteau County

2.7

-0.3

2,547

-50

11

Custer County

2.7

-0.2

6,434

36

13

Madison County

2.9

-0.7

4,225

31

13

Richland County

2.9

0.7

7,643

320

15

Beaverhead County

3.0

-0.3

4,798

-68

15

Judith Basin County

3.0

-1.4

909

-13

15

Lewis and Clark County

3.0

-0.4

35,306

469

15

Wibaux County

3.0

-0.1

550

19

19

Dawson County

3.1

0.5

4,901

89

19

Stillwater County

3.1

-0.4

4,975

77

21

Carbon County

3.2

-0.5

5,457

153

21

Fergus County

3.2

-0.3

5,592

-60

21

Toole County

3.2

0.5

2,360

-17

21

Yellowstone County

3.2

-0.4

80,315

2,921

25

Carter County

3.3

1.0

702

-11

25

Meagher County

3.3

-0.5

897

13

27

Jefferson County

3.4

-0.5

5,618

61

27

Missoula County

3.4

-0.5

59,030

1,309

27

Teton County

3.4

0.3

2,901

-25

30

Deer Lodge County

3.5

-0.4

5,256

75

31

Golden Valley County

3.6

-1.0

400

6

31

Powell County

3.6

-0.3

2,906

-31

33

Park County

3.7

-0.4

8,425

97

33

Phillips County

3.7

-0.7

1,919

-32

35

Broadwater County

4.0

-0.7

2,521

4

35

Cascade County

4.0

0.0

36,715

-68

35

Musselshell County

4.0

0.1

2,306

12

35

Petroleum County

4.0

1.0

290

-4

39

Blaine County

4.1

-1.0

2,270

-61

39

Silver Bow County

4.1

-0.5

16,453

-76

41

Treasure County

4.2

0.1

345

-3

42

Prairie County

4.3

0.2

510

-6

43

Hill County

4.5

-1.1

7,376

-69

44

Wheatland County

4.7

0.3

767

-19

45

Flathead County

4.8

-0.4

44,083

754

45

Ravalli County

4.8

-0.7

18,340

330

47

Granite County

4.9

-0.6

1,595

65

47

Pondera County

4.9

0.2

2,734

-79

49

Lake County

5.1

-0.1

12,237

49

50

Roosevelt County

5.4

0.1

4,646

91

51

Rosebud County

6.1

-0.2

3,880

-19

52

Big Horn County

6.6

-2.8

5,215

69

53

Mineral County

6.7

-0.9

1,708

14

54

Sanders County

7.5

-0.6

4,363

-21

55

Glacier County

8.0

-2.1

5,799

-61

56

Lincoln County

8.7

-0.4

7,575

30

 

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

The unemployment rate and ranking for each of Montana’s seven reservations is provided below for your convenience.  Reservation unemployment rates and employment levels are not seasonally adjusted and should be compared to the unadjusted statewide unemployment rate of 3.7 percent.  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 Reservation

5.4

-0.20

11,991

49

2

Fort Peck Reservation

6.4

0.10

4,213

79

3

Fort Belknap Reservation

9.3

-1.90

748

-20

4

Blackfeet Reservation

11.2

-2.50

4,088

-47

5

Crow Reservation

10.1

-3.90

2,612

39

6

Rocky Boy Reservation

12.3

-2.30

1,082

-13

7

Northern Cheyenne Reservation

13.8

-1.30

1,390

2

 

 

 

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