Governor Bullock Announces Montana’s Unemployment Rate Falls to 3.4% - news.mt.gov

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Governor Bullock Announces Montana’s Unemployment Rate Falls to 3.4%

Friday, August 16, 2019/Categories: Former Governors, Montana.gov/Tags:

MONTANA – Governor Steve Bullock today announced that Montana’s unemployment rate has reached a 10-year low for the second straight month, decreasing 0.1 percentage points to 3.4% in July.

"Montana's economy continues to grow, with about 4,000 new jobs added so far in 2019," Governor Bullock said. “My administration will continue to invest in our state’s economy by expanding access to workforce development opportunities to ensure every Montanan has the ability to join the workforce and contribute to our ongoing success.”

The national unemployment rate remained steady in July at 3.7%.

Total employment, which includes agricultural, payroll and self-employed workers, indicated a gain of 1,371 jobs in July, while the labor force grew by 791. Payroll employment added 900 jobs over the month. The construction industry posted significant job gains over the month, with 600 jobs added, corresponding to 2.1% growth. Job losses were concentrated in retail trade, and leisure and hospitality industries. 

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in July, driven by a rise in gasoline prices. The index for all items less food and energy, also called core inflation, also rose by 0.3%. The core inflation rise was broad-based, with increases in the indexes for shelter, medical care, airline fares, household furnishings and operations, apparel, and personal care all contributing to the increase.

** 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 non-seasonal 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 & Industry’s Research and Analysis Bureau at 406-444-4100.

The next Labor Situation Report for the month of August 2019 will be released on Friday, September 20, 2019.

 

**** 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. 

****** 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 2.7%. 

 

 

Unemployment Rate

Employment

Rank

County

Current Unemployment Rate

Change over Year

Current Employment

Job Change from Last Year

1

Fallon County

1.2

-0.4

1,706

-16

2

Daniels County

1.4

-0.3

884

-21

3

Gallatin County

1.6

-0.5

68,871

154

3

Sheridan County

1.6

-0.7

1,752

69

5

Garfield County

1.7

-1

730

2

5

Treasure County

1.7

-0.7

351

27

7

Carter County

1.9

-0.4

658

12

7

Dawson County

1.9

-0.9

4,751

240

7

Powder River County

1.9

-0.6

943

-28

10

Chouteau County

2

-0.7

2,523

123

10

Liberty County

2

-0.5

974

8

12

Judith Basin County

2.1

-0.2

924

47

12

Toole County

2.1

-0.4

2,134

8

14

Beaverhead County

2.2

-0.5

5,096

84

14

McCone County

2.2

0.3

980

-6

16

Custer County

2.3

-0.5

6,196

201

16

Fergus County

2.3

-0.5

5,902

220

16

Meagher County

2.3

-0.6

922

-32

16

Park County

2.3

-0.6

9,112

-62

16

Richland County

2.3

-0.6

5,843

49

16

Sweet Grass County

2.3

-0.5

1,770

21

16

Wibaux County

2.3

-1.2

459

-6

23

Lewis and Clark County

2.4

-0.6

36,371

1135

23

Teton County

2.4

-0.5

2,738

98

25

Jefferson County

2.5

-0.8

5,726

153

25

Missoula County

2.5

-0.5

62,256

1720

25

Stillwater County

2.5

-0.4

5,077

255

25

Valley County

2.5

0

4,117

-99

29

Carbon County

2.6

-0.4

5,377

25

29

Deer Lodge County

2.6

-0.7

5,189

71

29

Madison County

2.6

-0.1

3,884

-484

29

Powell County

2.6

-0.7

2,896

-21

33

Golden Valley County

2.7

-1.6

354

-5

34

Blaine County

2.8

-1.1

2,286

156

34

Cascade County

2.8

-0.5

36,669

344

34

Petroleum County

2.8

0.1

274

-9

34

Yellowstone County

2.8

-0.6

80,205

1216

38

Phillips County

3

-0.9

1,926

80

38

Ravalli County

3

-0.6

20,125

814

38

Silver Bow County

3

-0.7

17,433

414

38

Wheatland County

3

-1.3

777

29

42

Pondera County

3.2

-0.9

2,736

137

43

Flathead County

3.3

-0.4

48,261

-723

43

Musselshell County

3.3

-0.5

2,197

4

43

Prairie County

3.3

-0.1

500

15

46

Broadwater County

3.4

-0.1

2,690

105

46

Hill County

3.4

-0.3

7,540

197

46

Lake County

3.4

-0.8

13,487

630

49

Granite County

3.6

-0.5

1,630

-45

50

Mineral County

3.9

-1.9

1,748

28

51

Roosevelt County

4.2

-0.8

4,457

223

52

Sanders County

4.3

-1

4,794

212

53

Rosebud County

4.5

-0.6

4,059

331

54

Lincoln County

5

-1.1

8,038

349

55

Big Horn County

6.2

-3.6

4,539

97

56

Glacier County

6.6

-1.3

5,484

-100

 

 

 

****** 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 2.7%. 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

County

Current Unemployment Rate

Change over Year

Current Employment

Job Change from Last Year

1

Flathead

3.6

0.1

13,189

534

2

Fort Peck

5.2

0.8

4,006

166

3

Fort Belknap

6.6

0.1

753

28

4

Blackfeet

9.1

0.7

3,879

161

5

Rocky Boy's

9.3

-0.6

2,312

87

6

Crow

9.7

1.1

1,095

43

7

Northern Cheyenne

11.1

1.2

1,364

56

 

 

 

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