Montana’s unemployment rate remains steady
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News from the Office of the Governor
MONTANA – Montana’s unemployment rate remained at 3.4 percent in December, with 1,200 jobs added over the month. The U.S. unemployment rate was unchanged at 3.5 percent. Lake County’s unemployment rate is at 4.3 percent.
“I am optimistic as we begin a new decade with a strong economy and growing wages that benefit workers, businesses and communities,” Governor Bullock said. “More Montanans are working than ever before, and we’re continuing efforts to build a skilled and talented workforce with opportunities to pursue meaningful careers.”
Total employment, which includes agricultural, payroll, and self-employed workers, grew by 1,200 jobs in December with similar growth in the labor force of 1,400 workers. Payroll employment indicated relatively flat employment levels.
The Consumer Price Index for All Urban Consumers was 0.2 percent in December with increases in gasoline, shelter and medical care. Core inflation rose 2.3 percent over the last 12 months.
