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Montana sets new records for employment

Labor force grew by more than 1,200 workers

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News from the MT Dept. of Administration

HELENA — Governor Greg Gianforte announced on Jan. 22, Montana set new records for total employment and labor force in December, according to data compiled by Department of Labor and Industry (DLI) and the federal Bureau of Labor Statistics (BLS).

“More Montanans are working than ever before thanks to the hard work of job creators and our pro-jobs, pro-business policies,” Gov. Gianforte said. “A growing labor force is positive for Montana, and we’ll continue to develop workforce talent pipelines to meet the needs of industry and our growing economy.”

In the last month of the year, Montana’s labor force grew by more than 1,200 workers. Under Gov. Gianforte’s leadership, total employment is at an all-time high at 563,000 in December.

Since Gov. Gianforte took office in Jan. 2021, 41,000 jobs have been created in Montana.

Montana’s unemployment rate of 3.2% remains below the national unemployment rate of 3.7% in December.

In December, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.3% over-the-month. The index for shelter continued to rise in December, contributing over half of the monthly all items increase. The 12-month change in the all-items index was 3.4%. The index for all items minus food and energy, also called core inflation, increased by 0.3% for the month. For the year ending in December, core inflation was 3.9%

 

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