Governor Bullock Announces Montana’s Unemployment Rate Increases to 3.4% in October

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MONTANA – Governor Steve Bullock today announced that Montana’s unemployment rate increased 0.1 percentage points to 3.4% in October, driven by over 850 new workers entering the labor market.

The U.S. unemployment rate also moved up 0.1 percentage points, ending at 3.6%.

More workers are joining our labor force in response to strong wage growth and plentiful job opportunities, Governor Bullock said. We will continue our commitment to upskill our workforce and maximize each worker’s potential, helping businesses grow.

Total employment, which includes agricultural, payroll and self-employed workers, indicated a gain of 676 jobs. The labor force grew by 851, the largest monthly gain in the labor force since 2015. The number of unemployed people increased by 175 people. Payroll employment increased by 600 jobs over the month.

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in October, with increases in gasoline, food, and medical care. The index for all items less food and energy, also called core inflation, rose by 0.2%. Core inflation rose 2.3% over the last twelve months.

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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 2019 will be released on Friday, December 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 3.1%. 

     

Rank

County

Current Unemployment Rate

Change over Year

Current Employment

Job Change from Last Year

1

Daniels

1.9

-0.4

867

3

2

Fallon

2.1

0.2

1,651

-24

2

Garfield

2.1

-0.7

749

26

4

Carter

2.2

0

705

32

4

Sheridan

2.2

0

1,701

-49

6

McCone

2.3

0.2

987

21

6

Powder River

2.3

-0.1

953

8

8

Gallatin

2.4

-0.3

67,337

2,324

9

Beaverhead

2.5

-0.3

5,034

80

9

Custer

2.5

0.1

5,822

-71

9

Dawson

2.5

0.1

4,524

16

9

Fergus

2.5

-0.4

5,724

94

9

Liberty

2.5

-0.2

1,007

40

9

Treasure

2.5

-0.1

349

9

15

Deer Lodge

2.6

-0.5

4,947

0

15

Judith Basin

2.6

-0.5

974

23

15

Park

2.6

-0.7

8,943

238

18

Chouteau

2.7

-0.2

2,527

79

18

Lewis and Clark

2.7

-0.3

34,636

175

18

Stillwater

2.7

-0.2

4,959

100

18

Sweet Grass

2.7

0

1,754

22

22

Missoula

2.8

-0.2

63,149

1,452

22

Richland

2.8

0

5,646

-156

22

Wheatland

2.8

-2.1

785

27

25

Meagher

2.9

-0.6

962

39

25

Phillips

2.9

-0.2

1,946

53

25

Pondera

2.9

-0.8

2,630

15

25

Toole

2.9

0.5

2,060

-11

25

Yellowstone

2.9

-0.2

78,502

290

30

Carbon

3

-0.3

5,333

40

30

Teton

3

0.2

2,691

24

32

Cascade

3.1

-0.2

36,760

244

32

Jefferson

3.1

-0.4

5,494

44

32

Wibaux

3.1

-0.5

441

-10

35

Broadwater

3.2

-0.8

2,588

54

35

Valley

3.2

0.5

3,980

-39

37

Ravalli

3.3

-0.4

19,704

314

38

Petroleum

3.4

-0.8

283

7

38

Powell

3.4

0.2

2,818

-2

38

Silver Bow

3.4

-0.4

16,693

76

41

Blaine

3.5

-0.2

2,243

21

41

Golden Valley

3.5

-0.6

361

6

41

Madison

3.5

-0.1

3,844

94

41

Musselshell

3.5

0.1

2,115

-24

45

Roosevelt

3.6

-0.3

4,277

13

46

Hill

3.7

0.2

7,301

-18

47

Prairie

3.8

0.7

485

12

48

Flathead

3.9

-0.4

46,390

984

48

Lake

3.9

0.1

12,787

163

50

Granite

4.4

-0.2

1,604

49

50

Sanders

4.4

-0.3

4,676

69

52

Mineral

4.6

-0.9

1,693

49

52

Rosebud

4.6

0.3

3,769

3

54

Lincoln

5.9

0.2

7,819

161

55

Big Horn

6.4

-2.1

4,498

-145

56

Glacier

6.8

0.1

5,226

24

****** 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 3.1%. Reservation areas overlap with county areas, meaning that unemployed individuals living on a reservation will be included in both the reservation and county totals.

     

Rank

County

Current Unemployment Rate

Change over Year

Current Employment

Job Change from Last Year

1

Flathead

4.0

0.0

12,552

164

2

Fort Peck

4.7

-0.2

3,849

5

3

Fort Belknap

7.8

-0.6

741

8

4

Blackfeet

9.4

0.0

3,699

18

5

Crow

9.6

-3.1

2,289

-66

6

Rocky Boy's

10.8

0.1

1,071

8

7

Northern Cheyenne

11.2

-0.2

1,294

-15

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