Contact Us

Montana’s Unemployment Rate Drops to 5.4 Percent, Back to Pre- Recession Levels

Photo courtesy of Pursanovd/Flickr

Montana’s unemployment rate has seen a steady decline this year, moving from 5.7 percent in January to the recently announced 5.4 percent rate for the month of May.

Although that unemployment number has been going down steadily, Montana Senior Economist Barbara Wagner says the decline over the past two months has been significantly different than the results from the start of the year.

“The First quarter of the year, January, February, March, we didn’t do very well” Wagner said. “We had some employment losses, small ones, but not huge. The unemployment rate continued to drop at that time, but that’s related to the labor force, which is really the number of people looking for work. In the last two months we have had job growth again, we’re about even for the year. Both of our data series that estimate employment show some good job gains over the last two months.”

The may numbers also have some positive news related to the last recession.

“This is really great news,” Wagner said. “According to our payroll employment, we’re actually above the peak employment level prior to the recession. So, as of this month, we’ve regained all of our jobs.”

Total employment increased by 1,740 over the month of May, the largest monthly job increase of 2013.

Senior Economist for the Department of Labor and Industry Barbara Wagner

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Best of KMMS AM

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for The 1450 Delegation quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive The 1450 Delegation contests, events, coupons, presales, and much more delivered to you for FREE.