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United States
Employment snapshot
In February, among the 50 states and the District of Columbia unemployment fell in 9, rose in 18, and remained unchanged in 24.
The highest unemployment rate was 6.5 percent in District of Columbia, and the lowest was 2.3 percent in Hawaii and South Dakota. Nationally, the unemployment rate fell by 0.1 percentage point to 4.3 percent.
In February, payroll jobs rose in 14 states and fell in 36. The largest payroll job percent increase was 0.4 percent in Wyoming. The largest payroll job percent decline was 0.6 percent in Nebraska.
Montana
Employment snapshot
In February, Montana lost 500 net payroll jobs and the unemployment rate remained unchanged at 3.6 percent. In the prior month, Montana added 1,000 net payroll jobs.
Over the past 12 months, Montana added 2,100 net payroll jobs and the unemployment rate rose by 0.6 percentage points from 3 percent.
Nationally, nonfarm payrolls rose by 178,000 in March, or 0.1 percent. Montana is tied for 9th in the nation for percentage gain in nonfarm payroll employment over the past 12 months.
In February, Montana’s private sector lost 400 net private payroll jobs, and over the past 12 months it added 3,600 private payroll jobs. In the prior month, Montana added 1,100 net private payroll jobs.
In February, employment in Montana fell by 562, and over the past 12 months it fell by 787.
Montana’s labor force participation rate fell to 62.2 percent in February from 62.3 percent and is tied for 30th in the nation. In the past 12 months, the labor force participation rate has fallen by 0.2 percentage points.
Montana
Payroll employment
Montana lost 500 net payroll jobs, or -0.1 percent, on a seasonally adjusted basis during February. In the prior month, Montana added 1,000 jobs. Montana nonfarm payroll employment has increased in 5 of the past 12 months.
Nationally, nonfarm payrolls rose by 178,000 in March, or 0.1 percent. Montana is tied for 9th in the nation for percentage gain in nonfarm payroll employment over the past 12 months.
Montana lost 400 private sector jobs, or -0.1 percent, on a seasonally adjusted basis during February. In the prior month, Montana added 1,100 jobs. Montana private sector payroll employment has increased in 7 of the past 12 months.
Nationally, private sector payroll jobs rose by 186,000 jobs in March, or 0.1 percent. Montana is tied for 5th in the nation for percentage gain in private sector payroll employment over the past 12 months.
Montana
Labor force
The labor force participation rate is the percentage of the civilian noninstitutionalized population age 16 and older who are employed or actively looking for work.
The labor force participation rate in Montana fell to 62.2 percent in February from 62.3 percent in the prior month.
Montana is tied for 30th in the nation.
The 10-year high for the labor force participation rate in Montana was 64 percent occurring in October 2019, and the 10-year low was 61.9 percent occurring in July 2021.
The national labor force participation rate fell by 0.1 percentage points to 61.9 percent in March.