Jobs Robust, Labor Short Supply
The state of labor in Montana is pretty good, unless you are in need of workers. They are hard to find as almost every business in the state is well aware.
Montana’s total Labor Force is 563,898 people employed. The number of people not employed is estimated at 14,196. The state’s unemployment rate remained below 3% in July, marking the 21st consecutive month the rate has been below 3%.
Employment grew in July in Montana by 2,448. Since the beginning of the year the state has added 7,500 new jobs. Since January 2021, nearly 40,000 jobs have been created and the state’s unemployment rate has dropped from 4% to 2.5%, and the number of unemployed Montanans has fallen by more than 34%.