Governor Bullock Announces Montana’s Unemployment Rate Steady at 3.7% - news.mt.gov

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Governor Bullock Announces Montana’s Unemployment Rate Steady at 3.7%

Friday, January 18, 2019/Categories: Governor's Office, Montana.gov/Tags:

Governor Bullock today announced that Montana’s unemployment rate remained at 3.7% for the month of December, holding steady while the national unemployment rate increased by 0.2 percentage points to 3.9%. Montana added roughly 1,100 jobs over the month.

“Montana’s economy remains strong heading into a new year. But let us not forget that the hundreds of federal employees currently going without a paycheck due to the federal government shutdown will have impacts on our economy and unemployment in January,” said Governor Bullock. “Here in Montana we will keep working together to get things done while we weather this weight on our economy and on the people of Montana.”

Unemployment rates are calculated using the employment status of the worker for the week of the 12th each month. Therefore, workers furloughed due to the federal shutdown, which began on December 22nd, will be counted as unemployed in January.

Total employment, which includes payroll, agricultural, and self-employed workers, indicated a sizeable increase of 1,112 jobs in December. The unemployment rate remained steady due to a similar increase in the labor force of 1,255 people. Payroll employment indicated jobs gains of 300, with small changes across all industries. Workers furloughed due to the shutdown would have still been considered employed during December, keeping the number of unemployed workers fairly steady over the month.

The Consumer Price Index for All Urban Consumers (CPI-U) declined in December due to a sharp decrease in the gasoline index. Gasoline prices decreased by 7.5% over the month. The index for all items less food and energy, also called core inflation, increased 0.2% in December. 

 

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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 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.

 

Due to the annual process to benchmark and revise the prior year’s labor market estimates, the next Labor Situation Report for the month of January 2019 will be released on Monday, March 11, 2019, rather than the usual schedule of the third Friday following the month of employment.

 

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 statistics about workers enrolled in Montana Medicaid.

 

****** 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 3.9%. 

 

 

Unemployment Rate

Employment

Rank

County

Current Unemployment Rate

Change over Year

Current Employment

Job Change from Last Year

1

McCone

2.0

-0.3

959

9

2

Carter

2.1

-0.7

688

25

3

Fallon

2.4

-0.2

1,575

-81

4

Daniels

2.5

-0.5

879

11

5

Gallatin

2.7

-0.3

64,429

1,986

5

Liberty

2.7

0.1

956

30

7

Richland

2.8

-0.4

5,430

-415

7

Sweet Grass

2.8

-0.4

1,739

31

7

Toole

2.8

-0.6

1,944

-41

10

Garfield

2.9

0.1

768

37

10

Powder River

2.9

-0.5

960

4

12

Dawson

3.0

0.2

4,388

-103

13

Sheridan

3.1

0.2

1,736

-54

14

Custer

3.3

-0.2

5,805

-143

14

Treasure

3.3

-0.4

324

8

14

Valley

3.3

0.3

3,909

-71

17

Chouteau

3.4

0.3

2,405

38

17

Yellowstone

3.4

-0.2

78,575

278

19

Lewis and Clark

3.5

-0.2

33,133

-362

20

Beaverhead

3.6

-0.1

4,844

89

20

Hill

3.6

0.0

7,680

50

20

Prairie

3.6

-0.4

458

3

23

Cascade

3.7

-0.2

36,541

-43

23

Deer Lodge

3.7

-0.6

4,806

-48

23

Madison

3.7

-0.7

4,533

135

23

Missoula

3.7

-0.2

60,901

995

23

Teton

3.7

-0.5

2,555

-5

28

Carbon

3.8

0.1

5,187

47

29

Meagher

3.9

-1.0

877

22

29

Stillwater

3.9

-0.2

4,581

-30

31

Broadwater

4.1

-0.7

2,438

42

31

Jefferson

4.1

-0.3

5,264

-43

31

Judith Basin

4.1

0.2

892

7

31

Musselshell

4.1

-1.0

2,186

5

35

Fergus

4.2

-0.7

5,444

20

35

Roosevelt

4.2

0.1

4,357

-37

35

Silver Bow

4.2

-0.3

16,182

-106

35

Wibaux

4.2

1.0

436

-14

39

Lake

4.3

-0.3

12,888

327

40

Park

4.4

-0.7

8,212

226

40

Phillips

4.4

-0.9

1,810

14

40

Pondera

4.4

0.4

2,594

4

40

Powell

4.4

-0.3

2,674

-27

44

Blaine

4.5

-0.2

2,249

31

44

Ravalli

4.5

-0.3

19,223

409

46

Petroleum

4.7

-0.9

261

6

46

Rosebud

4.7

-0.6

3,672

-45

48

Wheatland

5.0

-0.3

741

26

49

Golden Valley

5.1

-1.3

357

6

50

Flathead

5.2

-0.3

45,084

1,021

51

Granite

5.3

-0.2

1,495

13

52

Sanders

6.3

-1.1

4,473

117

53

Glacier

7.7

0.1

5,052

-8

53

Mineral

7.7

-1.8

1,421

-12

55

Big Horn

7.8

-3.5

4,742

-74

56

Lincoln

8.0

-0.7

7,069

85

 

 

 

****** 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 3.9%. 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

4.6

-0.3

12,593

317

2

Fort Peck

5.4

0.2

3,907

-38

3

Fort Belknap

10.2

-0.8

739

9

4

Blackfeet

10.7

0.1

3,580

-5

5

Rocky Boy's

11.4

0.2

1,093

10

6

Crow

11.7

-5.0

2,398

-33

7

Northern Cheyenne

11.9

-2.3

1,296

-18

 

 

 

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