Department of Numbers

Montana Unemployment

According to the BLS current population survey (CPS), the unemployment rate for Montana rose 0.1 percentage points in July 2022 to 2.7%. The state unemployment rate was 0.8 percentage points lower than the national rate for the month. The unemployment rate in Montana peaked in April 2020 at 12.2% and is now 9.5 percentage points lower. From a post peak low of 2.3% in March 2022, the unemployment rate has now grown by 0.4 percentage points. You can also see Montana unemployment compared to other states.

Unemployment Rate July 2022 Month/Month Year/Year
National 3.5% -0.1 -1.9
Montana 2.7% +0.1 -0.8

Note: All comparisons are made with July data as August state level unemployment data has not yet been released.

Unemployment Rate: Montana, National

Montana monthly unemployment rate chart from 1990 to July 2022

Note: Recessions shown in gray

Montana Unemployed

The number of people unemployed in Montana peaked in April 2020 at 65,509. There are now 50,333 fewer people unemployed in the state. From a recent trough of 13,097 in March 2022, the number of unemployed has now grown by 2,079. Montana job growth data is also available.

Unemployed Persons July 2022 Month/Month Year/Year
Montana 15,176 +758 -4,372

Number of Unemployed Persons

Monthly chart of total unemployed in Montana from 1990 to July 2022

Montana Unemployment History

Date National
Unemployment Rate
Montana
Unemployment Rate
Montana
Unemployed
August 2022 3.7%
July 2022 3.5% 2.7% 15,176
June 2022 3.6% 2.6% 14,418
May 2022 3.6% 2.4% 13,731
April 2022 3.6% 2.3% 13,130
March 2022 3.6% 2.3% 13,097
February 2022 3.8% 2.6% 14,268
January 2022 4.0% 2.7% 15,219
December 2021 3.9% 2.9% 16,195
November 2021 4.2% 2.9% 16,285
October 2021 4.6% 3.0% 16,679
September 2021 4.7% 3.2% 17,603