Montana’s unemployment decreased slightly in April, reaching 6.1%. After remaining unchanged in March, Montana’s unemployment rate resumed its seven month decline. The national unemployment rate decreased to 8.1% for the month.
“Over the past ten months, the number of people employed in Montana has continued to increase without interruption,” said Labor Commissioner Keith Kelly. “Although payroll employment growth remains slow, I am confident about Montana’s current, and future, economic situation.”
For the month of April, seasonally-adjusted payroll employment estimates increased slightly, with a gain of approximately 300 jobs over the previous month. Total employment estimates, which include agriculture and self-employed workers, also showed positive employment gains, with 1,050 more people employed in April relative to March.
The Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in April, with small price increases occurring for most consumer goods. The energy index had the largest decrease, at -1.7 percentage points over the month, due to a large decrease in gasoline prices. The index for all items less food and energy (also called core inflation) increased by 0.2%.
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