The Billings Outpost

Employment up

BUSINESS

HELENA – Montana’s unemployment rate dropped 0.2 percentage points over the month for a rate of 4.6 percent in May. The U.S. unemployment rate held steady at 6.3 percent.

Total employment, which includes payroll employment plus agricultural and self-employed workers, added 1,326 jobs in May. Montana has added over 10,000 jobs since the beginning of the year, and since May 2013 has had an annual growth rate of 2.1 percent. In comparison, Montana’s average growth rate is roughly 1 percent annually.The labor force increased by 341 workers.

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