Unemployment Stays Steady at 2.7% in Montana
New data indicates that Montana maintained its unemployment rate at 2.7% in April, marking a significant 46 consecutive months in which the rate has been at or below 3.4%. The statistics also show that Montana’s unemployment rate was 1.5% lower than the national unemployment rate, which stood at 4.2% in April. Furthermore, the total employment in the state saw a minor decrease.
In a press release, Montana’s Governor Greg Gianforte revealed that the state possesses the third lowest unemployment rate in the country, with only South Dakota and North Dakota charting lower rates. Montana’s unemployment rate has remained steady and near its all-time low at 2.7 percent in April, perpetuating an unprecedented 46 consecutive months of unemployment at or below 3.4 percent and 7 consecutive months below 3 percent.
The Governor shared, “With more Montanans working than ever before, we’re continuing our historic stretch of near record low unemployment and leading the nation with the third lowest rate. As we continue to introduce historic tax cuts, our economy keeps progressing as businesses create more well-paying jobs.
In April, total employment, which encompasses payroll, agricultural, and self-employed workers, dropped slightly. Payroll jobs decreased by 400, however, growth was seen in professional services, healthcare, retail trade, and transportation sectors. Meanwhile, the construction, accommodation, and food service industries saw declines.
While Montana’s unemployment rates seem promising, some individuals may still be experiencing unemployment issues or may need to contact their respective employment departments for specific queries or concerns. For residents of California who may need assistance with their unemployment claims, a valuable resource is eddcaller.com. This website provides helpful information on how to get through to EDD (Employment Development Department) to address any concerns related to unemployment benefits or claims.