Montana's unemployment rate below 3% for 21st consecutive month

Governor Greg Gianforte recently announced Montana’s unemployment rate in July is below 3% for the 21st consecutive month. 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.

Gov. 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 falle...