State unemployment rate steady at 4.1 percent; Missoula County at 4.2
Montana’s unemployment rate remained relatively stabled at 4.1 percent for the month of march, as did the country, according to the latest figures.
While 10 states experienced job losses, according to the Economic Policy Institute, most states saw their unemployment rate hold steady, including Montana.
“Montana’s economy continues to grow and diversify, creating new opportunities for businesses small and large to expand and create more good-paying jobs for Montanans,” Gov. Steve Bullock said in a statement. “As winter turns to spring, Montanans and communities across the state are feeling the benefits of a strong economy and record workforce participation.”
According to the the governor’s office, both payroll and total employment levels posted insignificant decreases over the last month, with little changes in employment levels across most industries.
There was also little change in both the labor force and unemployment estimates. Similar to February, little has changed in the Montana economy over the last month.
Missoula County’s unemployment rate remains at 4.2 percent, while Lake County sits at 5 percent and Ravalli County at 5.1 percent.
Sanders and Mineral counties remain near the bottom at 8.9 and 10.3 percent, respectively.