Montana’s unemployment rate has dropped below 3 percent, the lowest since 2024, with a rate of 2.8 percent. This is 1.2 percent lower than the national rate of 4 percent. The state added 200 jobs in sectors like construction, trade, and transportation, with a total job growth rate of 0.5 percent for the year 2024. The labor force also increased to a record high of 579,000, growing 0.8 percent over the past year. In addition, the Consumer Price Index for all Urban Consumers increased by 0.5 during February, mainly due to a rise in shelter costs.
Lewis & Clark County’s unemployment numbers are among the 21st lowest in the state. These positive economic indicators show a strong and growing job market in Montana. Governor’s office and the Montana Department of Labor & Industry are optimistic about the state’s economic outlook and the potential for further growth in the coming months.
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