Montana's Unemployment Rate Continues Down to 4.3 Percent - news.mt.gov

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Montana's Unemployment Rate Continues Down to 4.3 Percent

Friday, March 27, 2015/Categories: Department of Labor and Industry, Unemployment Insurance Division, Governor's Office/Tags: Unemployment Rate

HELENA – Montana’s unemployment rate continued its decline in February, down 0.1 percentage points to 4.3 percent. The U.S. unemployment rate decreased by 0.2 percentage points to 5.5 percent in February.

“With strong job creation in the first two months of this year, Montana’s economy continues the growth we saw throughout last year,” Governor Steve Bullock said. “I’m committed to building on our economic strength to ensure all Montana communities feel the benefits of our growing economy.”

“Job creation in the state continues to be good news for Montana,” said Labor Commissioner Pam Bucy. “Two years ago, our focus was to find jobs for workers. With our strong economy, our task is now to find workers for jobs.”

Montana’s total employment levels increased by 2,921 jobs in February. Over-the-year employment growth of roughly 7,700 jobs indicates strong job growth of 1.6 percent. Total employment estimates include payroll employment, plus agricultural and self-employed workers. Payroll employment estimates indicate a gain of 2,000 jobs over the month.

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in February with stabilization in energy prices after several months of sharp decline for gasoline prices. The CPI-U is at the same level as February 2014, indicating no inflation over the past year. The index for all items less food and energy, also called core inflation, rose 0.2 percent in February.

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** 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 March 2015 will be released on Tuesday, April 21, 2015.

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 annual employment data for Montana’s Indian Reservations.

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 5.8 percent.

    Unemployment Rate Employment
Rank County Current Unemployment Rate Change over Year Current Employment Job Change from Last Year
1 Fallon County 2.1 -0.1 2,113 111
2 Liberty County 2.6 1.3 968 75
2 Powder River County 2.6 1.5 1,017 61
2 Richland County 2.6 0.0 7,428 343
5 Wibaux County 2.7 0.7 549 45
6 Daniels County 2.8 0.3 924 10
6 Dawson County 2.8 0.1 4,897 217
6 Garfield County 2.8 0.5 727 43
6 McCone County 2.8 0.0 1,096 69
10 Chouteau County 3 0.6 2,505 92
11 Gallatin County 3.3 0.7 55,654 2,135
12 Meagher County 3.4 2.3 945 44
13 Sheridan County 3.5 -0.1 2,037 9
13 Sweet Grass County 3.5 0.7 1,725 68
15 Yellowstone County 3.6 0.8 78,178 2,383
16 Carbon County 3.8 0.9 5,298 191
16 Valley County 3.8 0.1 4,275 211
18 Custer County 3.9 0.0 6,333 -61
18 Toole County 3.9 -0.1 2,252 1
20 Lewis & Clark County 4 0.6 34,188 328
21 Stillwater County 4.1 0.3 4,855 44
22 Beaverhead County 4.2 0.3 4,636 75
22 Carter County 4.2 0.3 641 26
22 Musselshell County 4.2 0.8 2,354 49
25 Madison County 4.3 1.1 4,518 80
25 Teton County 4.3 0.4 2,803 121
27 Jefferson County 4.5 1.3 5,441 85
28 Cascade County 4.6 0.7 36,320 -224
28 Missoula County 4.6 1.1 59,100 2,190
30 Hill County 4.7 2.2 7,413 15
30 Judith Basin County 4.7 0.4 921 54
30 Prairie County 4.7 0.3 504 24
33 Deer Lodge County 4.8 0.9 5,067 96
34 Silver Bow County 5.0 1.0 16,210 13
35 Golden Valley County 5.1 0.6 387 20
36 Pondera County 5.3 0.4 2,757 110
37 Treasure County 5.4 -0.6 334 20
38 Broadwater County 5.8 1.7 2,380 25
38 Powell County 5.8 1.1 2,740 22
40 Fergus County 5.9 -0.4 5,438 59
40 Park County 5.9 1.1 7,351 155
40 Roosevelt County 5.9 0.2 4,576 -3
43 Lake County 6.0 1.5 11,704 126
44 Wheatland County 6.1 1.7 738 31
45 Rosebud County 6.2 0.9 3,827 -5
46 Blaine County 6.5 0.3 2,270 28
46 Ravalli County 6.5 1.7 17,804 444
48 Petroleum County 6.7 -1.5 292 21
49 Phillips County 7.0 0.3 1,876 61
50 Granite County 7.3 1.5 1,543 129
51 Flathead County 7.5 0.9 40,286 338
52 Big Horn County 8.7 4.3 5,027 175
53 Mineral County 10.2 0.8 1,558 2
54 Sanders County 11.1 1.4 4,174 97
55 Glacier County 11.6 -0.2 4,853 -313
56 Lincoln County 13.6 1.3 6,927 149

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