Department of Numbers

Billings, Montana Unemployment

The BLS reported that the unemployment rate for Billings fell 0.1 percentage points in January 2023 to 2.3%. For the same month, the metro unemployment rate was 0.2 percentage points lower than the Montana rate. The unemployment rate in Billings peaked in April 2020 at 11.4% and is now 9.1 percentage points lower. From a post peak low of 2.3% in March 2022, the unemployment rate has now grown by 0.0 percentage points. You can also compare Billings unemployment with unemployment in other cities.

Unemployment Rate January 2023 Month/Month Year/Year
National 3.4% -0.1 -0.6
Montana 2.5% -0.1 -0.1
Billings 2.3% -0.1 -0.3
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with January 2023 data as February 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 10,067. There are now 7,906 fewer people unemployed in the metropolitan area. From a recent trough of 2,083 in March 2022, the number of unemployed has now grown by 78. Billings employment and jobs data (including jobs lost/gained in Billings, Montana) is also available.

Unemployed Persons January 2023 Month/Month Year/Year
Billings 2,161 -137 -176

Number of Unemployed Persons

Billings, Montana Unemployment History

Date National
Unemployment Rate		 Montana
Unemployment Rate		 Billings
Unemployment Rate		 Billings
Unemployed
February
2023		 3.6% — — —
January
2023		 3.4% 2.5% 2.3% 2,161
December
2022		 3.5% 2.6% 2.4% 2,298
November
2022		 3.6% 2.7% 2.5% 2,398
October
2022		 3.7% 2.7% 2.6% 2,490
September
2022		 3.5% 2.7% 2.6% 2,442
August
2022		 3.7% 2.7% 2.6% 2,390
July
2022		 3.5% 2.7% 2.5% 2,331
June
2022		 3.6% 2.7% 2.4% 2,264
May
2022		 3.6% 2.6% 2.4% 2,199
April
2022		 3.6% 2.6% 2.3% 2,105
March
2022		 3.6% 2.5% 2.3% 2,083

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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