Montana Unemployment Drops even More!
Montana’s unemployment rate hit another record low in February, dropping to 2.6% for the month, down from January’s rate of 2.7%. Montana’s total employment and labor force continued to show strong growth in February, both setting new all-time highs.
The struggle for employers to find employees may be more to do with the increase in the number of jobs and income opportunities than to the common refrain that “no one wants to work.” Montana’s total employment, which includes payroll, agricultural, and self-employed workers, rose by 2,328 in February to 542,086, the highest level of employment recorded in Montana history.
Montana’s unemployment rate is the 5th lowest in the nation. Ranking higher than Montana is Indiana, Utah, Nebraska, and Kansas, according to WalletHub.com. Rounding out the top ten after Montana is Oklahoma, Alabama, New Hampshire and Arizona.
District of Columbia has had the least bounce back, ranking dead last. California is then 50th below, Hawaii, New Mexico, Maryland, Massachusetts, Texas, Alaska, Connecticut, and Delaware.
While Montana’s unemployment rate was 2.6% in February, the unemployment rate for the U.S. was 3.8%.