HELENA, Mont. – Governor Greg Gianforte today announced Montana reached its 23rd consecutive month of unemployment below 3%. Prior to the governor taking office, Montana’s unemployment rate had fallen below 3% only three times since record-keeping began 50 years ago.
“Thanks to the hard work of job creators and our pro-jobs, pro-business policies, Montanans have more opportunity than ever before to obtain and thrive in a good-paying job – from high tech to the construction trades,” Gov. Gianforte said. “Employees with our Montana work ethic are in high demand, and we’ll continue to develop workforce talent pipelines to meet the needs of industry and our growing economy.”
Montanans have created more than 8,400 jobs in 2023 and more than 40,000 jobs since Gov. Gianforte took office in January 2021.
In September, Montana’s labor force grew by more than 625 workers, adding more than 8,000 workers since the start of the year. Under Gov. Gianforte’s leadership, more Montanans are working than ever before.
Montana’s unemployment rate of 2.7% is more than a percentage point below the national unemployment rate of 3.8% in September.