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

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Governor Bullock Announces Montana’s Unemployment Rate at 3.7% in October

Friday, November 16, 2018/Categories: Governor's Office/Tags:

Governor Steve Bullock today announced that Montana’s unemployment rate is at 3.7%, ticking up slightly for the month of October, despite the state gaining roughly 800 jobs over the month, and placing the rate at the same level it was at in July and August. The U.S. unemployment rate was unchanged at 3.7%.

“As unemployment remains low, Montanans continue to experience the benefits of our strong economy,” Governor Bullock said. “I will continue to support our state’s economy and invest in our workforce by providing worker training and a world-class education so that every Montanan has the opportunity to contribute to our ongoing success.”

Total employment, which includes payroll, agricultural, and self-employed workers, indicated an increase of 830 jobs in October. Payroll employment posted a gain of 500 jobs, with job gains of 900 in the private sector and job losses of 400 in the public sector. The job losses in government came from state and local government. Private industry job gains were posted across most industries, but with small job losses in construction for the month. The construction industry has been among the fastest growing industries for jobs for most of the year; however, construction often posts seasonal job declines in the 4th quarter. 

The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.3% in October due to price increases across most goods. The index for all items less food and energy, also called core inflation, increased 0.2% in October, with a change of 2.1% over-the- year. 

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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.

 

The next Labor Situation Report for the month of November 2018 will be released on Friday, December 21, 2018.

 

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 describes how workers are achieving wage gains 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 3.3%. 

 

 

Unemployment Rate

Employment

Rank

County

Current Unemployment Rate

Change over Year

Current Employment

Job Change from Last Year

1

Daniels County

2.0

-0.1

890

3

1

Fallon County

2.0

-0.3

1603

-88

1

McCone County

2.0

-0.2

967

-6

4

Carter County

2.1

-0.2

696

14

4

Sheridan County

2.1

-0.2

1787

-59

6

Powder River County

2.2

-0.1

988

-15

7

Custer County

2.4

-0.4

5879

-145

8

Dawson County

2.5

-0.3

4374

-102

8

Garfield County

2.5

-0.2

773

27

8

Toole County

2.5

-0.5

1987

-56

11

Gallatin County

2.6

-0.4

64554

1995

11

Liberty County

2.6

-0.2

964

18

11

Sweet Grass County

2.6

-0.6

1770

18

11

Treasure County

2.6

-0.3

334

4

15

Beaverhead County

2.7

0

4990

68

15

Valley County

2.7

0

4024

-60

17

Teton County

2.8

-0.5

2608

-32

18

Chouteau County

2.9

-0.2

2431

6

18

Fergus County

2.9

-0.4

5587

7

18

Missoula County

2.9

-0.3

61124

303

18

Richland County

2.9

-0.5

5482

-426

22

Deer Lodge County

3.0

-0.3

4874

-57

22

Lewis and Clark County

3.0

-0.3

33370

-374

22

Stillwater County

3.0

-0.5

4623

-50

22

Yellowstone County

3.0

-0.3

78264

-368

26

Judith Basin County

3.1

0.1

920

6

26

Phillips County

3.1

-0.1

1834

-1

26

Prairie County

3.1

0.4

462

-2

29

Carbon County

3.2

-0.2

5193

-7

29

Park County

3.2

-0.3

8653

226

29

Powell County

3.2

-0.6

2760

-17

32

Cascade County

3.3

-0.2

36306

-316

32

Hill County

3.3

-0.3

7701

41

32

Musselshell County

3.3

-0.9

2203

-4

35

Lake County

3.5

-0.4

13062

292

35

Meagher County

3.5

-0.7

857

15

37

Blaine County

3.6

0

2264

8

37

Jefferson County

3.6

-0.2

5303

-51

37

Madison County

3.6

-1

3593

72

37

Pondera County

3.6

0.2

2592

-11

37

Ravalli County

3.6

-0.5

19569

353

42

Silver Bow County

3.7

-0.3

16405

-63

43

Roosevelt County

3.8

-0.1

4333

-52

43

Wibaux County

3.8

0.1

452

-16

45

Broadwater County

3.9

-0.2

2483

25

46

Flathead County

4.1

-0.5

45433

962

47

Golden Valley County

4.3

0

360

1

47

Petroleum County

4.3

-0.1

264

2

49

Rosebud County

4.4

-0.1

3736

-46

50

Granite County

4.5

-0.5

1522

29

50

Sanders County

4.5

-1.5

4693

90

52

Wheatland County

4.8

0.5

756

17

53

Mineral County

5.6

-1.4

1496

-29

54

Lincoln County

5.7

-0.8

7418

27

55

Glacier County

6.6

-0.4

5161

-14

56

Big Horn County

8.0

-5.0

4851

-83

 

 

****** 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 3.3%. 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

3.7

-0.5

12,789

277

2

Fort Peck

4.8

-0.1

3,901

-48

3

Fort Belknap

8.0

-0.2

745

2

4

Blackfeet

9.3

-0.4

3,652

-10

5

Rocky Boy's

10.1

-1.1

1,099

5

6

Northern Cheyenne

11.3

-2.0

1,322

-18

7

Crow

12.0

-6.9

2,447

-39

 

 

 

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