Missoula, MT – According to the state officials, the only other time Montana’s unemployment rate was below 3% was for three months in 2007, according to the U.S. Bureau of Labor Statistics.
Governor Gianforte also announced Montana’s total employment reached an all-time high, with nearly 563,000 Montanans working in July.
Since Gov. Gianforte took office in January 2021, nearly 40,000 jobs have been created in Montana, the state’s unemployment rate has dropped from 4% to 2.5%, and the number of unemployed Montanans has fallen by more than 34%.
Total employment in Montana has grown every month of 2023, reaching a record high in July of 562,898 workers.
In July, Montana’s labor force also grew by more than 600 workers, adding 7,500 workers since the start of the year.
