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Montana’s unemployment rate drops

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Governor Steve Bullock announced Friday Morning that Montana’s unemployment rate has reached a 10-year low for the second straight month, decreasing 0.1 percentage points to 3.4% in July.

The national unemployment rate has remained steady in July at 3.7%.

Total Employment in agricultural, payroll and self-employed workers, had a gain of 1,371 jobs in July. The labor force grew by 791.

Employment in payroll added 900 jobs in July.

The construction industry had significant job gains in July, with 600 jobs added, making it a 2.1% growth. Job losses were concentrated in retail trade, and leisure and hospitality industries.

The unemployment rates for Missoula County is a 2.5% rate, a .5% decrease from last year.

For Ravalli County 3% rate with a decrease of .6%.

Flathead County has a 3.3% unemployment rate and a .4% decrease.

For more information on unemployment rates, employments rates, and wage rates by occupation, visit the Montana Department of Labor and Industry website at www.lmi.mt.gov