Montana’s Unemployment Rate Drops in December

Montana’s unemployment rate declined to 4.4% in December, down from 4.6% in November. Montana’s rate remains lower than the national rate of 6.7% in December.

“While we’re encouraged that Montana’s unemployment rate remains lower than the national rate, we have work to do to get our economy going again, get Montana open for business, and get Montanans back to work in good-paying jobs,” Governor Greg Gianforte said.

Payroll employment added 400 jobs over the last month, with job gains in construction, retail trade, and healthcare. Total employment, which includes payroll, agricultural, and self-employed workers, fell by 1,180 jobs in December, the first contraction since April. Total employment gains for the 4 ^th quarter remained strong, adding roughly 4,800 jobs. The labor force contracted by 2,382 in December.

The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.4% in December, led by a large increase in gasoline prices. The index for all items less food and energy, referred to as core inflation, increased by 0.1%.

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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 0.6 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 benchmarking process, the next Labor Situation Report for the month of January will not be released until Monday, March 15. The Labor Situation Report for February will then be released on March 26. The normal data release schedule of the third Friday of the month will resume in April. The annual benchmarking process re-estimates and smooths the labor market data with updated population estimates and additional data, improving data accuracy.

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. Visit www.lmi.mt.gov/home/job-tracking for Montana unemployment claims and economic data on the current recession.

****** 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 4.5%.

		Unemployment Rate		Employment
Rank	County	Current Unemployment Rate	Change over Year	Current Employment	Job Change from Last Year
1	Carter	2.5	0.5	670	23
2	McCone	2.7	0.5	929	-24
3	Daniels	2.9	0.4	882	-1
3	Liberty	2.9	0.5	978	26
5	Garfield	3.0	-0.4	749	11
5	Powell	3.0	-0.4	2,792	-115
5	Treasure	3.0	0.6	321	-10
8	Sweet Grass	3.1	0.3	1,776	11
9	Powder River	3.2	0.8	953	1
10	Gallatin	3.3	0.9	67,069	-27
11	Chouteau	3.4	0.2	2,463	35
12	Beaverhead	3.5	0.2	4,859	16
12	Golden Valley	3.5	0.0	354	-1
12	Meagher	3.5	0.0	985	18
15	Judith Basin	3.7	0.5	1,022	46
16	Fallon	3.8	1.5	1,633	-36
16	Madison	3.8	0.5	4,982	-32
16	Petroleum	3.8	-0.7	281	5
16	Teton	3.8	-0.3	2,614	-33
16	Valley	3.8	0.4	3,810	-91
21	Hill	3.9	0.6	7,105	-241
21	Stillwater	3.9	0.7	5,116	-24
21	Toole	3.9	1.0	1,991	-51
24	Fergus	4.0	0.4	5,492	-328
24	Jefferson	4.0	0.3	5,391	-53
24	Lewis and Clark	4.0	1.0	33,865	-379
24	Yellowstone	4.0	0.9	78,049	-524
28	Carbon	4.2	0.6	5,252	-31
29	Custer	4.3	1.2	5,870	-37
29	Pondera	4.3	1.1	2,530	-40
31	Cascade	4.4	1.0	35,567	-1,049
32	Missoula	4.5	1.0	61,256	-152
33	Dawson	4.6	1.9	4,430	-48
33	Roosevelt	4.6	0.6	4,177	-116
35	Blaine	4.7	0.6	2,197	-224
35	Deer Lodge	4.7	1.3	4,633	-105
35	Wibaux	4.7	1.9	443	-8
38	Phillips	4.9	0.4	1,839	-3
38	Rosebud	4.9	0.7	3,432	-189
38	Silver Bow	4.9	1.0	15,922	-424
41	Lake	5.0	0.7	12,566	19
41	Ravalli	5.0	0.8	19,146	-181
43	Richland	5.1	2.7	5,519	-255
44	Sheridan	5.4	3.0	1,713	14
45	Broadwater	5.5	1.3	2,384	-67
45	Musselshell	5.5	1.5	2,223	35
45	Park	5.5	1.4	8,286	-59
48	Granite	5.7	-0.9	1,499	-40
49	Flathead	5.8	0.6	44,833	-158
50	Prairie	6.2	2.7	438	-26
51	Big Horn	6.6	-0.1	4,437	13
52	Sanders	6.9	0.7	4,575	99
53	Wheatland	7.0	2.7	766	-9
54	Mineral	7.4	0.9	1,497	-76
55	Lincoln	7.5	-1.3	7,226	-108
56	Glacier	8.2	0.8	5,085	57

****** 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 4.5%. 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 Rate	Change over Year	Current Employment	Job Change from Last Year
1	Flathead	5.3	0.7	12,325	33
2	Fort Peck	6.0	0.8	3,753	-101
3	Crow	9.9	-0.1	2,263	4
4	Fort Belknap	10.8	1.3	724	-70
5	Blackfeet	11.4	1.2	3,596	35
6	Northern Cheyenne	11.9	1.3	1,212	-42
7	Rocky Boy’s	12.0	1.3	1,043	-20

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Montana’s Unemployment Rate Drops in December

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