HomeFallon County NewsFallon County has lowest unemployment rate in Montana, only 32 of 1,676...

Fallon County has lowest unemployment rate in Montana, only 32 of 1,676 residents are unemployed

Fallon County, Montana – In October, Fallon County had a 1.9% unemployment rate, the lowest in Montana.

Across the U.S., unemployment rates are now similar to what they were before COVID, staying around 3.5% to 4% for the last two years. The Bureau of Labor Statistics reported a 3.9% rate in October. Back in April 2020, during the peak of COVID-19, it had shot up to 14.7%, and remained high until the end of 2021.

Check also: Fallon County Commission to meet on January 4, agenda confirmed

Even though the overall U.S. unemployment rate has stabilized, it’s different in each local area. We analyzed Bureau of Labor Statistics data to see how Fallon County’s joblessness compares over time, within Montana, and in the U.S. as a whole.

Fallon County unemployment rate is 0.9% lower than Montana’s average

Fallon County’s unemployment rate is 2% lower than the national average and 0.9% lower than Montana’s average. It’s the 56th in the state, sorted first by the latest unemployment rate in October 2023, and then by the number of people without jobs. McCone County is slightly ahead with a 2.0% unemployment rate, but Fallon County has the least unemployment in Montana.

Check also: Baker family makes the impossible possible – explain the limitless possibilities of growing your own food

This means about 32 of the roughly 1,676 people working in Fallon County are currently unemployed. That’s an increase of 5 from last month and 7 more compared to last year. Some experts are worried about a possible recession, which could lead to more unemployment due to businesses shutting down and job cuts.

Latest

Anthony James Cross, 30, of Billings admits to making threats of murdering Montana Sen. Jon Tester

Billings, Montana – A Montana man most probably regrets...

Missoula woman is still missing since Dec. 30, the search continues

Missoula, Montana – A 30-year-old Montana woman is still...

Bozeman secured millions in grants for citywide improvement projects

Bozeman, Montana - The City of Bozeman has secured eight...

Billings Police Department shared additional details regarding a crash that left one dead, several injured

Billings, Montana - The Billings Police Department (BPD) recently shared...

Newsletter

From the web

Anthony James Cross, 30, of Billings admits to making threats of murdering Montana Sen. Jon Tester

Billings, Montana – A Montana man most probably regrets...

Missoula woman is still missing since Dec. 30, the search continues

Missoula, Montana – A 30-year-old Montana woman is still...

Bozeman secured millions in grants for citywide improvement projects

Bozeman, Montana - The City of Bozeman has secured eight...

Billings Police Department shared additional details regarding a crash that left one dead, several injured

Billings, Montana - The Billings Police Department (BPD) recently shared...

Anthony James Cross, 30, of Billings admits to making threats of murdering Montana Sen. Jon Tester

Billings, Montana – A Montana man most probably regrets his actions from last year when he openly threatened to kill Montana Sen. Jon Tester....

Missoula woman is still missing since Dec. 30, the search continues

Missoula, Montana – A 30-year-old Montana woman is still missing, and the search for her continues. According to our previous reporting, Eva Masin Prather...

Bozeman secured millions in grants for citywide improvement projects

Bozeman, Montana - The City of Bozeman has secured eight grants in 2023, amounting to over $28 million. These funds are set to enhance various...