Montana’s Unemployment Rate at 4.1 Percent in October - news.mt.gov

State of Montana NewsRoom

Welcome to the State of Montana NewsRoom

EasyDNNNews

Montana’s Unemployment Rate at 4.1 Percent in October

Montana’s Unemployment Rate at 4.1 Percent in October

Friday, November 20, 2015/Categories: Department of Labor and Industry, Governor's Office, Montana.gov/Tags: Unemployment Rate , employment

Helena, Mont.—Montana’s unemployment rate remained at 4.1 percent in October with no change over the month. The U.S. unemployment rate declined slightly by one-tenth of a percent over the month to 5.0 percent in October.

“Montana’s economy continued to show strength as we entered the fall,” Governor Steve Bullock said. “With over 10,000 jobs added over the last twelve months, Montanans are on the job and earning higher wages.”

“Montana’s unemployment rate is holding steady at just over four percent, which is considered an ideal level for unemployment,” said Labor & Industry Commissioner Pam Bucy. “The Montana Department of Labor & Industry continues to create innovative partnerships with businesses and educational organizations to recruit and train more workers for our growing worker demand.”

Both total employment and payroll employment levels showed little change over the month. Payroll employment indicated 700 jobs gained over the month, with a few job losses in mining and strong gains in construction. Total employment estimates, which include agricultural and self-employed workers along with payroll workers, indicate a statistically insignificant gain of 102 jobs. Employment growth during 2015 remains quite strong, with a 2.1 percent increase in employment over the last year compared to the long-term average of about 1 percent. 

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in October, marking the end of a two-month price slide. Both food and energy indexes increased slightly. The index for all items less food and energy (also called core inflation) rose 0.2 percent in September.

###

** 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 2015 will be released on Friday, December 18, 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 provides information on worker shortages in the occupations that require licensing 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 3.7 percent.

 

 

Unemployment Rate

Employment

Rank

County

Current Unemployment Rate

Change over Year

Current Employment

Job Change from Last Year

1

McCone County

1.7

-0.5

1,084

-49

2

Fallon County

2.1

0.5

2,098

4

2

Sheridan County

2.1

-0.1

2,023

8

4

Liberty County

2.3

-0.1

940

-66

5

Powder River County

2.5

0.2

1,029

-41

6

Sweet Grass County

2.6

-0.7

1,775

-8

6

Valley County

2.6

0.2

4,375

112

8

Chouteau County

2.7

-0.2

2,504

-111

8

Garfield County

2.7

0.5

696

-63

8

Richland County

2.7

0.6

7,585

303

11

Custer County

2.8

0.1

6,378

43

11

Daniels County

2.8

-0.6

900

-32

11

Judith Basin County

2.8

-0.9

933

-43

11

Lewis and Clark County

2.8

-0.4

34,792

699

15

Gallatin County

2.9

-0.5

58,098

2,562

16

Beaverhead County

3

-0.3

4,721

-72

16

Carter County

3

0

636

-53

16

Dawson County

3

0.7

4,890

79

16

Yellowstone County

3

-0.2

79,800

2,416

20

Toole County

3.1

0.4

2,257

-40

21

Fergus County

3.3

-0.2

5,522

-91

21

Teton County

3.3

0.4

2,807

-68

23

Jefferson County

3.4

-0.5

5,519

72

23

Madison County

3.4

-0.8

3,518

-17

23

Missoula County

3.4

-0.3

59,805

1,721

26

Deer Lodge County

3.5

-0.4

5,134

87

26

Wibaux County

3.5

1.1

547

-11

28

Stillwater County

3.6

0.1

4,914

44

29

Carbon County

3.7

0.5

5,372

84

29

Golden Valley County

3.7

0.2

386

-5

29

Meagher County

3.7

0.4

873

-18

29

Phillips County

3.7

0

1,889

-96

33

Hill County

3.8

-1.2

7,396

-92

34

Cascade County

3.9

0.2

36,730

4

34

Pondera County

3.9

-0.4

2,696

-97

34

Prairie County

3.9

0.7

487

-21

34

Silver Bow County

3.9

-0.4

16,276

145

38

Blaine County

4

-0.6

2,302

-82

39

Broadwater County

4.2

-0.1

2,427

19

39

Powell County

4.2

-0.2

2,846

-11

39

Roosevelt County

4.2

-0.1

4,670

26

42

Musselshell County

4.3

0.9

2,358

22

43

Lake County

4.4

-0.5

12,038

142

44

Ravalli County

4.5

-0.7

18,337

299

45

Park County

4.7

-0.4

7,844

142

45

Petroleum County

4.7

0.5

286

-14

47

Wheatland County

4.8

1.5

729

-54

48

Flathead County

5

-0.6

41,811

855

48

Treasure County

5

1.4

323

-22

50

Granite County

5.1

-0.7

1,499

45

51

Big Horn County

5.2

-2.9

5,295

76

51

Rosebud County

5.2

0.1

3,800

-113

53

Sanders County

7

-0.4

4,337

-4

54

Lincoln County

7.6

-1.5

7,298

21

55

Glacier County

8.2

-3.2

4,872

-159

56

Mineral County

8.4

0.8

1,628

14

 

 

 

 

****** 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

4.7

-0.5

11,814

135

2

Fort Peck

5.3

0

4,211

32

3

Crow

8

-4.3

2,648

41

4

Fort Belknap

9.1

-1.1

758

-28

5

Rocky Boy's

11.1

-2.5

1,078

-24

6

Blackfeet

11.4

-3.9

3,469

-114

7

Northern Cheyenne

11.8

-0.8

1,380

-18

 

 

Helena, Mont.—Montana’s unemployment rate remained at 4.1 percent in October with no change over the month. The U.S. unemployment rate declined slightly by one-tenth of a percent over the month to 5.0 percent in October.

“Montana’s economy continued to show strength as we entered the fall,” Governor Steve Bullock said. “With over 10,000 jobs added over the last twelve months, Montanans are on the job and earning higher wages.”

“Montana’s unemployment rate is holding steady at just over four percent, which is considered an ideal level for unemployment,” said Labor & Industry Commissioner Pam Bucy. “The Montana Department of Labor & Industry continues to create innovative partnerships with businesses and educational organizations to recruit and train more workers for our growing worker demand.”

Both total employment and payroll employment levels showed little change over the month. Payroll employment indicated 700 jobs gained over the month, with a few job losses in mining and strong gains in construction. Total employment estimates, which include agricultural and self-employed workers along with payroll workers, indicate a statistically insignificant gain of 102 jobs. Employment growth during 2015 remains quite strong, with a 2.1 percent increase in employment over the last year compared to the long-term average of about 1 percent. 

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in October, marking the end of a two-month price slide. Both food and energy indexes increased slightly. The index for all items less food and energy (also called core inflation) rose 0.2 percent in September.

###

** 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 2015 will be released on Friday, December 18, 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 provides information on worker shortages in the occupations that require licensing 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 3.7 percent.

 

 

Unemployment Rate

Employment

Rank

County

Current Unemployment Rate

Change over Year

Current Employment

Job Change from Last Year

1

McCone County

1.7

-0.5

1,084

-49

2

Fallon County

2.1

0.5

2,098

4

2

Sheridan County

2.1

-0.1

2,023

8

4

Liberty County

2.3

-0.1

940

-66

5

Powder River County

2.5

0.2

1,029

-41

6

Sweet Grass County

2.6

-0.7

1,775

-8

6

Valley County

2.6

0.2

4,375

112

8

Chouteau County

2.7

-0.2

2,504

-111

8

Garfield County

2.7

0.5

696

-63

8

Richland County

2.7

0.6

7,585

303

11

Custer County

2.8

0.1

6,378

43

11

Daniels County

2.8

-0.6

900

-32

11

Judith Basin County

2.8

-0.9

933

-43

11

Lewis and Clark County

2.8

-0.4

34,792

699

15

Gallatin County

2.9

-0.5

58,098

2,562

16

Beaverhead County

3

-0.3

4,721

-72

16

Carter County

3

0

636

-53

16

Dawson County

3

0.7

4,890

79

16

Yellowstone County

3

-0.2

79,800

2,416

20

Toole County

3.1

0.4

2,257

-40

21

Fergus County

3.3

-0.2

5,522

-91

21

Teton County

3.3

0.4

2,807

-68

23

Jefferson County

3.4

-0.5

5,519

72

23

Madison County

3.4

-0.8

3,518

-17

23

Missoula County

3.4

-0.3

59,805

1,721

26

Deer Lodge County

3.5

-0.4

5,134

87

26

Wibaux County

3.5

1.1

547

-11

28

Stillwater County

3.6

0.1

4,914

44

29

Carbon County

3.7

0.5

5,372

84

29

Golden Valley County

3.7

0.2

386

-5

29

Meagher County

3.7

0.4

873

-18

29

Phillips County

3.7

0

1,889

-96

33

Hill County

3.8

-1.2

7,396

-92

34

Cascade County

3.9

0.2

36,730

4

34

Pondera County

3.9

-0.4

2,696

-97

34

Prairie County

3.9

0.7

487

-21

34

Silver Bow County

3.9

-0.4

16,276

145

38

Blaine County

4

-0.6

2,302

-82

39

Broadwater County

4.2

-0.1

2,427

19

39

Powell County

4.2

-0.2

2,846

-11

39

Roosevelt County

4.2

-0.1

4,670

26

42

Musselshell County

4.3

0.9

2,358

22

43

Lake County

4.4

-0.5

12,038

142

44

Ravalli County

4.5

-0.7

18,337

299

45

Park County

4.7

-0.4

7,844

142

45

Petroleum County

4.7

0.5

286

-14

47

Wheatland County

4.8

1.5

729

-54

48

Flathead County

5

-0.6

41,811

855

48

Treasure County

5

1.4

323

-22

50

Granite County

5.1

-0.7

1,499

45

51

Big Horn County

5.2

-2.9

5,295

76

51

Rosebud County

5.2

0.1

3,800

-113

53

Sanders County

7

-0.4

4,337

-4

54

Lincoln County

7.6

-1.5

7,298

21

55

Glacier County

8.2

-3.2

4,872

-159

56

Mineral County

8.4

0.8

1,628

14

 

 

 

 

****** 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

4.7

-0.5

11,814

135

2

Fort Peck

5.3

0

4,211

32

3

Crow

8

-4.3

2,648

41

4

Fort Belknap

9.1

-1.1

758

-28

5

Rocky Boy's

11.1

-2.5

1,078

-24

6

Blackfeet

11.4

-3.9

3,469

-114

7

Northern Cheyenne

11.8

-0.8

1,380

-18

 

 

 

Print

Number of views (9731)/Comments (0)

Name:
Email:
Subject:
Message:
x

Text/HTML

EasyDNNNewsSearch