Montana unemployment rate remains at 3.3 percent
News from the Office of the Governor
MONTANA – Governor Steve Bullock announced that Montana’s unemployment rate remained at 3.3 percent in September, with no change from the prior month.
“As Montana’s unemployment rate stays low and businesses seek skilled employees, we are responding by engaging more Montanans in the workforce,” Bullock said. “Through world-class education, work-based learning and Registered Apprenticeship opportunities, my administration is working to bring more people into Montana’s labor market to fill worker demand and ensure all Montanans can enjoy our continued economic success.”
The U.S. unemployment rate declined 0.2 percentage points to 3.5 percent.
Total employment, which includes agricultural, payroll and self-employed workers, indicated a gain of 238 jobs, while the labor force grew by 345. The number of unemployed people increased by 107 people. Payroll employment fell by 1,300 jobs over the month, with small and broad-based job losses across most private industries. Retail trade and state and local governments made small job gains.
The Consumer Price Index for All Urban Consumers remains unchanged for September, with declines in gasoline prices offsetting increases in other goods. The index for all items less food and energy, also called core inflation, rose by 0.1 percent. Core inflation rose 2.4 percent over the last twelve months, with inflation firming from recent years. Lake County had an unemployment rate at 3.6 percent.