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Montana’s Unemployment Rate at 4.1 Percent in January

Monday, March 14, 2016/Categories: Governor's Office, Montana.gov/Tags:

HELENA – Montana’s unemployment rate was unchanged in January, remaining at 4.1%.  Montana’s unemployment rate continues to hover around 4.0% as it did for most of 2015.  The U.S. unemployment rate fell 0.1% over the month to 4.9%.

“Today’s economic news is another sign that Montana’s economy is among the strongest in the nation,” said Governor Bullock. “As our economy grows at a fast rate, we continue to work to ensure Montana’s wage growth remains high and that we are finding new ways to prepare our workforce for our state’s growing industries.”

“Our economy continues to add jobs, with payroll employment growing in January,” said Labor & Industry Commissioner Pam Bucy. “We continue to work hard to ensure that our training programs prepare workers for the workplace and that businesses have the labor force pipeline they need to prosper.”

Payroll employment showed positive gains in January, adding around 1,300 jobs.  Payroll job gains were most notable in retail trade, construction and manufacturing.  Total employment estimates, which include agricultural and self-employed workers along with payroll workers, indicated a statistically insignificant gain of 68 jobs.  Employment growth over the past year remains near the long term average of about 1%, with 5,166 jobs added for a growth rate of 1.1%.

The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in January.  Energy prices fell 2.8% over the month, while the index for all items less food and energy rose to offset the decline in energy prices.

** 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 February 2016 will be released on Friday, March 25. 

 

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 provides information on the size of Montana’s industries using different metrics.  What is Montana’s largest industry?

 

****** 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 5.1%. 

 

 

Unemployment Rate

Employment

Rank

County

Current Unemployment Rate

Change over Year

Current Employment

Job Change from Last Year

1

McCone County

2.1

-0.5

1,004

-77

2

Powder River County

2.7

-0.6

1,008

5

3

Gallatin County

3.1

-0.5

57,956

2,423

4

Liberty County

3.3

-0.1

912

-41

4

Wibaux County

3.3

0.4

525

-35

6

Daniels County

3.4

0.1

931

17

7

Carter County

3.6

-1.0

649

12

8

Fallon County

3.7

1.7

1,823

-258

8

Toole County

3.7

0.0

2,142

-124

10

Chouteau County

3.8

0.4

2,354

-120

10

Dawson County

3.8

0.7

4,659

-160

12

Garfield County

3.9

0.1

733

15

12

Sheridan County

3.9

0.2

2,009

-22

14

Lewis and Clark County

4.0

-0.4

33,490

-624

14

Sweet Grass County

4.0

-0.1

1,662

-33

16

Valley County

4.1

0.0

4,258

-47

16

Yellowstone County

4.1

0.1

78,972

665

18

Beaverhead County

4.3

-0.3

4,738

143

18

Madison County

4.3

-0.4

4,613

97

18

Richland County

4.3

1.7

6,612

-781

18

Teton County

4.3

-0.5

2,680

-106

22

Custer County

4.5

0.2

6,054

-243

22

Judith Basin County

4.5

-1.1

909

-2

24

Pondera County

4.6

-0.7

2,737

-3

25

Missoula County

4.7

-0.4

57,447

-450

26

Cascade County

4.8

-0.3

37,065

525

26

Deer Lodge County

4.8

-0.1

5,056

-42

26

Hill County

4.8

-0.6

7,381

50

29

Meagher County

4.9

0.3

993

67

29

Prairie County

4.9

-0.1

483

-14

31

Carbon County

5.0

0.5

5,282

-14

32

Stillwater County

5.1

0.5

4,606

-245

33

Fergus County

5.4

-0.9

5,590

150

34

Blaine County

5.5

-1.7

2,207

-25

34

Park County

5.5

-0.9

7,577

209

34

Silver Bow County

5.5

0.0

16,373

149

37

Treasure County

5.7

0.3

331

-1

38

Jefferson County

5.8

0.4

5,294

-131

39

Lake County

5.9

-0.7

11,833

175

40

Golden Valley County

6.0

-0.1

374

-12

40

Roosevelt County

6.0

0.1

4,352

-204

42

Musselshell County

6.3

1.8

2,309

-44

42

Petroleum County

6.3

0.2

268

-22

42

Powell County

6.3

0.2

2,760

31

45

Ravalli County

6.5

-0.8

17,945

286

46

Rosebud County

6.6

0.0

3,828

21

47

Granite County

6.7

-0.8

1,488

-26

48

Broadwater County

6.8

0.2

2,333

-24

49

Phillips County

7.0

-0.6

1,785

-76

49

Wheatland County

7.0

0.0

701

-28

51

Flathead County

7.3

-0.5

41,006

841

52

Big Horn County

7.5

-1.4

5,137

101

53

Mineral County

9.7

-1.6

1,560

11

54

Glacier County

10.7

-1.9

4,825

-33

55

Sanders County

10.9

-0.3

4,197

43

56

Lincoln County

12.6

-0.4

6,764

-160

 

****** 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 5.1%.  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

6.5

-0.6

11,592

159

2

Fort Peck

7.5

0.1

3,947

-166

3

Crow

11.5

-1.9

2,578

53

4

Fort Belknap

13.3

-2.9

726

-9

5

Rocky Boy's

14.1

-0.7

1,057

-10

6

Blackfeet

14.5

-2.4

3,441

-22

7

Northern Cheyenne

15

-0.5

1,371

15

 

 

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