Montana’s Unemployment Rate Remains Steady at 3.5% in January

Montana’s unemployment rate remained unchanged at 3.5% in January, with 870 jobs added over the month.

“While we don’t yet have an understanding of coronavirus and its economic impact in Montana, I am taking aggressive action to reduce the spread to keep as many Montanans healthy as possible now and protect Montana’s economic strength in the longterm,” Governor Bullock said.

The U.S. unemployment rate increased slightly by 0.1 percentage point to 3.6%.

Total employment, which includes agricultural, payroll, and self-employed workers, grew by 872 jobs in January with similar growth in the labor force of 834 workers. Payroll employment posted strong growth of 1,900 jobs with broad-based gains across industries.

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1% in January, with a decline in the energy index. 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.

Due to the annual process to benchmark and revision to the prior year’s labor market estimates, the next Labor Situation Report for the month of February released on Friday, March 27. March estimates will be released on the third Friday in April (April 17), consistent with the typical schedule.

**** 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 4.4%.  

 

Unemployment Rate

Employment

Rank

County

Current Unemployment Rate

Change over Year

Current Employment

Job Change from Last Year

1

Fallon

2.3

0.1

1,635

-16

2

Carter

2.4

-2.0

599

-30

2

McCone

2.4

0.5

909

-15

2

Treasure

2.4

-1.2

323

1

5

Gallatin

2.5

-0.2

67,332

2,599

6

Daniels

2.9

0.6

863

-20

7

Powder River

3.0

-0.7

911

-9

8

Wibaux

3.1

-0.6

434

-13

9

Richland

3.2

0.4

5,718

56

9

Sheridan

3.2

0.1

1,668

-25

11

Dawson

3.3

0.4

4,401

-57

11

Liberty

3.3

-0.1

901

-24

11

Toole

3.3

0.8

2,014

-50

14

Chouteau

3.6

-0.1

2,315

-12

14

Madison

3.6

-0.4

5,328

203

14

Sweet Grass

3.6

0.1

1,731

25

17

Beaverhead

3.7

-0.5

4,802

-56

17

Petroleum

3.7

-1.6

263

-5

19

Deer Lodge

3.8

-0.3

4,803

-8

19

Garfield

3.8

0.7

692

-29

19

Lewis and Clark

3.8

-0.1

34,483

416

19

Pondera

3.8

-1.2

2,504

-38

19

Stillwater

3.8

-0.1

5,115

309

19

Yellowstone

3.8

0.0

78,586

337

25

Hill

4.0

-0.1

7,281

116

25

Meagher

4.0

-1.1

955

8

27

Missoula

4.1

-0.2

61,556

1,190

28

Cascade

4.2

0.2

36,635

423

28

Custer

4.2

0.0

5,845

130

28

Valley

4.2

0.3

3,855

-9

31

Jefferson

4.3

-0.2

5,458

51

32

Powell

4.4

0.0

2,765

101

33

Park

4.5

-0.8

8,241

220

34

Fergus

4.7

0.0

5,758

95

34

Silver Bow

4.7

0.0

16,407

244

36

Blaine

4.8

-0.3

2,377

31

36

Judith Basin

4.8

0.0

919

39

38

Golden Valley

4.9

-1.3

347

-2

38

Roosevelt

4.9

-0.1

4,249

-29

40

Carbon

5.0

0.3

5,238

8

40

Rosebud

5.0

-0.9

3,549

4

40

Teton

5.0

0.6

2,586

-1

43

Prairie

5.1

0.5

449

-7

43

Ravalli

5.1

-0.7

19,228

552

45

Phillips

5.3

0.0

1,769

-32

46

Broadwater

5.4

0.6

2,445

39

47

Lake

5.8

0.4

12,443

306

48

Wheatland

6.1

0.6

728

-4

49

Musselshell

6.3

1.5

2,153

9

50

Flathead

6.5

0.3

44,778

1,019

51

Big Horn

7.3

-1.9

4,322

-131

52

Granite

8.4

0.8

1,601

-47

53

Glacier

8.5

-1.0

4,986

10

53

Sanders

8.5

-0.3

4,408

81

55

Lincoln

10.4

0.4

7,266

102

56

Mineral

10.9

2.4

1,578

15

****** 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 4.4%. 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

6.1

0.3

12,188

293

2

Fort Peck

6.3

-0.1

3,814

-25

3

Crow

10.9

-2.7

2,212

-59

4

Fort Belknap

11.0

-0.6

778

8

5

Blackfeet

11.7

-1.5

3,528

3

6

Northern Cheyenne

12.2

-2.3

1,228

-12

7

Rocky Boy's

12.4

-0.4

1,041

10

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