Montana Unemployment
According to the BLS current population survey (CPS), the unemployment rate for Montana fell 0.1 percentage points in November 2022 to 2.9%. The state unemployment rate was 0.7 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 9.3 percentage points lower. From a post peak low of 2.3% in March 2022, the unemployment rate has now grown by 0.6 percentage points. You can also see Montana unemployment compared to other states.
Unemployment Rate | November 2022 | Month/Month | Year/Year |
---|---|---|---|
National | 3.6% | -0.1 | -0.6 |
Montana | 2.9% | -0.1 | 0.0 |
Note: All comparisons are made with November data as December 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 65,509. There are now 49,060 fewer people unemployed in the state. From a recent trough of 13,097 in March 2022, the number of unemployed has now grown by 3,352. Montana job growth data is also available.
Unemployed Persons | November 2022 | Month/Month | Year/Year |
---|---|---|---|
Montana | 16,449 | -448 | +164 |
Number of Unemployed Persons
Montana Unemployment History
Date | National Unemployment Rate |
Montana Unemployment Rate |
Montana Unemployed |
---|---|---|---|
December 2022 | 3.5% | — | — |
November 2022 | 3.6% | 2.9% | 16,449 |
October 2022 | 3.7% | 3.0% | 16,897 |
September 2022 | 3.5% | 2.9% | 16,405 |
August 2022 | 3.7% | 2.8% | 15,868 |
July 2022 | 3.5% | 2.7% | 15,118 |
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 |