Connect with us

Uncategorized

MT unemployment rates drops to 6 percent

Avatar photo

Published

on

HELENA – Montana’s unemployment rate continued to move downward in October, dipping 0.1 percent to 6 percent. The national rate increased by 0.1 percent in October following a large drop last month.

This month’s job gain is the strongest since the end of the recession in 2009, according to Labor Commissioner Keith Kelly.

“Montana continued to add jobs over the last month, putting 1,500 more Montanans back to work,” Kelly said. “Montana’s economy is picking up steam.”

Montana’s total employment increased by 1,527 jobs over the month on a seasonally adjusted basis, compared to an average monthly gain of 708 jobs per month over the last year. Total employment includes both payroll workers, plus agricultural and self-employed workers. Payroll employment estimates indicated an increase of 2,800 jobs, with a gain of 2,000 jobs in the private sector. Private sector job gains were greatest in the Professional and Business Services industry and in Leisure and Hospitality.

The Consumer Price Index for All Urban Consumers increased by 0.1 percent in October, with a slight decline in the energy index. The food index increased by 0.2 percent. Core inflation, measured by the all items less food and energy index, rose 0.2 percent largely because of an increase in the shelter index. The 0.3 percent rise in the shelter index is the largest since March 2008 and provides further evidence of a recovery in home and rental prices.

Megan Paulson is the Co-Founder and Chief Operating Officer of Outlaw Partners.

Upcoming Events

november, 2024

Filter Events

28oct(oct 28)5:30 pm04dec(dec 4)7:45 pmFree Spanish Classes in Big Sky with World Language Initiative(october 28) 5:30 pm - (december 4) 7:45 pm Big Sky Medical Center - Community Room (2nd Floor)Event Type :EducationEvent City:Big Sky

04nov(nov 4)5:30 pm11dec(dec 11)7:45 pmFree Spanish Classes in Big Sky with World Language Initiative5:30 pm - (december 11) 7:45 pm Big Sky Medical Center - Community Room (2nd Floor)Event Type :EducationEvent City:Big Sky

11nov(nov 11)5:30 pm18dec(dec 18)7:45 pmFree Spanish Classes in Big Sky with World Language Initiative5:30 pm - (december 18) 7:45 pm Big Sky Medical Center - Community Room (2nd Floor)Event Type :EducationEvent City:Big Sky

18nov(nov 18)5:30 pm25dec(dec 25)7:45 pmFree Spanish Classes in Big Sky with World Language Initiative5:30 pm - (december 25) 7:45 pm Big Sky Medical Center - Community Room (2nd Floor)Event Type :EducationEvent City:Big Sky

Advertisements

X
X