Montana’s jobless rate at 3.3%
Montana’s unemployment rate was 3.3% in September, continuing a record stretch of low unemployment and below the national rate of 4.1%, Gov. Greg Gianforte said Tuesday.
This continues a record of 39 consecutive months with the rate at or below 3.4%. The next closest stretch was during 2006 and 2007, when the state’s unemployment rate remained at or below 3.4% for 15 consecutive months, the governor’s staff said.
In a recent report, the Montana Department of Labor and Industry announced that under Gianforte’s leadership, Montana’s labor force reached a record high of 580,000 people in 2023, with more than 10,000 Montanans entering the labor force last year alone.
Total employment remained mostly unchanged in September with about 1,100 people entering the labor market. Payroll employment rose by 1,500 jobs in September, with health care and professional services leading private sector gains.
