Montana Unemployment
According to the BLS current population survey (CPS), the unemployment rate for Montana fell 0.1 percentage points in March 2023 to 2.3%. The state unemployment rate was 1.2 percentage points lower than the national rate for the month. The unemployment rate in Montana peaked in April 2020 at 11.9% and is now 9.6 percentage points lower. You can also see Montana unemployment compared to other states.
Unemployment Rate | March 2023 | Month/Month | Year/Year |
---|---|---|---|
National | 3.5% | -0.1 | -0.1 |
Montana | 2.3% | -0.1 | -0.2 |
Note: All comparisons are made with March data as April state level unemployment data has not yet been released.
Unemployment Rate: Montana, National
Note: Recessions shown in gray
Montana Unemployed
The number of people unemployed in Montana peaked in April 2020 at 64,365. There are now 51,134 fewer people unemployed in the state. Montana job growth data is also available.
Unemployed Persons | March 2023 | Month/Month | Year/Year |
---|---|---|---|
Montana | 13,231 | -544 | -1,153 |
Number of Unemployed Persons
Montana Unemployment History
Date | National Unemployment Rate |
Montana Unemployment Rate |
Montana Unemployed |
---|---|---|---|
April 2023 | 3.4% | — | — |
March 2023 | 3.5% | 2.3% | 13,231 |
February 2023 | 3.6% | 2.4% | 13,775 |
January 2023 | 3.4% | 2.5% | 14,395 |
December 2022 | 3.5% | 2.6% | 15,073 |
November 2022 | 3.6% | 2.7% | 15,096 |
October 2022 | 3.7% | 2.7% | 15,191 |
September 2022 | 3.5% | 2.7% | 15,378 |
August 2022 | 3.7% | 2.7% | 15,549 |
July 2022 | 3.5% | 2.7% | 15,552 |
June 2022 | 3.6% | 2.7% | 15,358 |
May 2022 | 3.6% | 2.6% | 15,017 |