Department of Numbers

Billings, Montana Unemployment

The BLS reported that the unemployment rate for Billings rose 0.1 percentage points in November 2023 to 2.7%. For the same month, the metro unemployment rate was 0.3 percentage points lower than the Montana rate. The unemployment rate in Billings peaked in April 2020 at 11.0% and is now 8.3 percentage points lower. From a post peak low of 2.1% in March 2023, the unemployment rate has now grown by 0.6 percentage points. You can also compare Billings unemployment with unemployment in other cities.

Unemployment Rate November 2023 Month/Month Year/Year
National 3.7% -0.1 +0.1
Montana 3.0% +0.2 +0.3
Billings 2.7% +0.1 +0.3
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2023 data as December metro level unemployment data has not yet been released.

Unemployment Rate: Billings, Montana, National

Billings, Montana monthly unemployment rate chart

Note: Recessions shown in gray.

Billings, Montana Unemployed

The number of people unemployed in Billings peaked in April 2020 at 9,779. There are now 7,240 fewer people unemployed in the metropolitan area. From a recent trough of 1,956 in April 2023, the number of unemployed has now grown by 583. Billings employment and jobs data (including jobs lost/gained in Billings, Montana) is also available.

Unemployed Persons November 2023 Month/Month Year/Year
Billings 2,539 +99 +318

Number of Unemployed Persons

Billings, Montana Unemployment History

Date National
Unemployment Rate		 Montana
Unemployment Rate		 Billings
Unemployment Rate		 Billings
Unemployed
December
2023		 3.7% — — —
November
2023		 3.7% 3.0% 2.7% 2,539
October
2023		 3.8% 2.8% 2.6% 2,440
September
2023		 3.8% 2.7% 2.5% 2,297
August
2023		 3.8% 2.5% 2.4% 2,205
July
2023		 3.5% 2.5% 2.3% 2,133
June
2023		 3.6% 2.4% 2.3% 2,082
May
2023		 3.7% 2.3% 2.2% 2,037
April
2023		 3.4% 2.3% 2.1% 1,956
March
2023		 3.5% 2.3% 2.1% 1,973
February
2023		 3.6% 2.4% 2.2% 2,030
January
2023		 3.4% 2.5% 2.3% 2,120

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩

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