Montana’s Unemployment Rate at 4.3 Percent in August

HELENA, Mont. – Montana’s unemployment rate increased slightly by one-tenth of a percent for the month of August, to 4.3 percent.  The national unemployment rate stayed at 4.9 percent, at the same level it has been since June.

“As mentioned in this year’s Labor Day Report, Montana’s economy experienced job growth through the beginning of 2016,” said Montana Labor & Industry Commissioner Pam Bucy. “Employment data suggests that employment growth has moderated from last year’s pace due to weakness in the energy sector, but Montana’s unemployment rate remains low.” 

The Montana Department of Labor & Industry released the 2016 Labor Day Report on September 6th, which detailed Montana’s positive economic record for the last year, with strong GDP growth and the highest recorded real wage growth in 2015.  Preliminary estimates from 2016 suggest employment growth has moderated in 2016, slowing from the rapid pace in 2015.  Employment growth in 2015 was twice the historic average pace.

The Consumer Price Index for All Urban Consumers (CPI-U) increased in August by 0.2 percent. Over the last twelve months, the CPI-U rose 1.1 percent before seasonal adjustment.  Core inflation, measured by the all items less food and energy index, rose 0.3 percent over the month.
 
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** Statewide 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 nonseasonal patterns easier to identify. The margin of error for the unemployment rate is plus or minus 0.3 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 and Industry’s Research and Analysis Bureau at 1-800-541-3904.
 
The next Labor Situation Report for the month of September 2016 will be released on Friday, October 21, 2016. 
  
 
****** 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 County 1.9 0.1 1,056 -15
2 Daniels County 2.3 0.4 933 -18
2 Gallatin County 2.3 0.0 62,043 1,262
2 Powder River County 2.3 0.4 1,111 0
5 Carter County 2.4 -0.6 723 20
5 Garfield County 2.4 0.6 773 4
5 Judith Basin County 2.4 -0.3 944 -11
8 Beaverhead County 2.9 0.1 4,927 -34
8 Sweet Grass County 2.9 0.7 1,828 1
10 Madison County 3.0 0.2 4,495 195
10 Prairie County 3.0 -0.8 521 -8
10 Valley County 3.0 0.4 4,436 -23
13 Fallon County 3.1 1.4 1,866 -104
13 Liberty County 3.1 0.8 982 18
13 Petroleum County 3.1 -1.0 279 -4
16 Golden Valley County 3.2 0.0 393 2
16 Sheridan County 3.2 1.1 2,029 -55
18 Fergus County 3.3 0.2 5,509 -105
18 Lewis and Clark County 3.3 0.3 34,107 -589
18 Park County 3.3 -0.2 8,600 -20
18 Toole County 3.3 0.1 2,194 -105
22 Carbon County 3.5 0.3 5,422 -6
22 Missoula County 3.5 0.2 59,090 263
22 Teton County 3.5 0.1 2,804 -51
25 Chouteau County 3.6 1.1 2,466 -58
26 Custer County 3.7 1.0 6,005 -229
26 Yellowstone County 3.7 0.6 79,824 -323
28 Cascade County 3.8 0.0 36,952 -289
28 Stillwater County 3.8 0.8 4,673 -171
30 Dawson County 3.9 0.7 4,582 -79
31 Treasure County 4.1 0.2 354 6
32 Deer Lodge County 4.2 0.8 5,058 -93
32 Meagher County 4.2 1.0 874 -47
34 Broadwater County 4.3 0.4 2,498 11
34 Musselshell County 4.3 0.6 2,273 -68
34 Silver Bow County 4.3 0.4 16,229 -554
37 Blaine County 4.4 0.4 2,274 -11
37 Jefferson County 4.4 1.1 5,419 -84
39 Phillips County 4.5 1.0 1,902 -34
39 Powell County 4.5 1.2 2,805 -157
39 Ravalli County 4.5 -0.1 18,629 84
42 Wibaux County 4.6 1.6 518 -23
43 Flathead County 4.7 0.1 44,924 -302
43 Pondera County 4.7 0.1 2,790 3
45 Lake County 4.8 0.0 12,566 6
46 Hill County 4.9 0.6 7,333 -186
46 Richland County 4.9 1.6 6,281 -388
46 Wheatland County 4.9 0.1 773 -4
49 Granite County 5.5 0.6 1,505 -39
50 Roosevelt County 6.2 0.8 4,309 -112
51 Rosebud County 6.8 1.0 3,772 -142
52 Sanders County 7.0 0.0 4,406 -97
53 Mineral County 7.1 0.7 1,604 -108
54 Big Horn County 7.7 1.2 5,194 -19
55 Lincoln County 7.9 -0.7 7,365 -68
56 Glacier County 9.0 1.4 5,913 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 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 Reservation Current Unemployment Change over Year Current Employment Job Change from Last Year
Rate
1 Flathead 5.1 0.0 12,288 -11
2 Fort Peck 7.4 0.9 3,929 -94
3 Fort Belknap 10.1 1.2 749 -5
4 Crow 11.6 1.7 2,608 -8
5 Blackfeet 12.5 1.8 4,168 10
6 Rocky Boy's 14.1 2.3 1,066 -27
7 Northern Cheyenne 15.4 2.1 1,364 -34