nsucurrent.com
nsucurrent.com August 18, 2017


Montana unemployment rate remains at 3.8 percent

23 April 2017, 02:02 | Dan Bryan

Reuters

Reuters

He says construction added 1,100 jobs, although he says the number of construction jobs is about 2,000 behind this last year's historic highs. The other states are Arkansas, Maine and Oregon.

"When you have these high skilled jobs and you have high skilled people moving here you get a positive momentum going", said Bailey. "The thing to watch for next is what happens to wages". "This persistent lag in job growth explains why it took 10 years to push the unemployment rate below 5 percent". The U.S. unemployment rate was 4.5 percent in March.

Arkansas, Colorado and OR also reported their lowest unemployment rates since the current methodology was implemented in 1976. New Hampshire's was 2.8 percent, and Vermont's was 3 percent. On Lānaʻi unemployment rates were down from month and year before levels to 3.6%.

Meanwhile, about 47,700 Utahns were unemployed during the month and actively seeking work, according to the department.

"Clients are having trouble finding [employees] and they're posting ads, but that's not working", Shine said. "This would further increase the fiscal pressure on the state". The only employment category to see significant growth was leisure and hospitality.

"The low unemployment figure is a wonderful thing on the one hand", he said.




"There are a lot of people hiring to deliver seed and to deliver agricultural supplies". They want to help, but they can't. The 75,689 people looking for work in Colorado during March were the fewest since April 2001 and was down almost 11,000 from the February total. That, in many ways, is bad news.

Hendry County had the state's highest unemployment rate at 6.4 percent, while Monroe had the lowest at 2.8.

New Mexico's unemployment rate has largely been in the same area for the past four years.

"Job growth continues at a firm pace, providing additional employment opportunities across multiple industries", said Carrie Mayne, chief economist for the Department of Workforce Services.

House Speaker Crisanta Duran, D-Denver, said she was "absolutely thrilled" at the news. A separate survey published this week by the statistics institute showed factory employment up 3.6% in February from a year before, with solid gains in manufacturing of transport equipment and computers. That's because big declines in construction and business and professional services offset gains in tourism and health care. The industry, according to the agency, added 44,300 jobs, or a 3.6 percent increase. Putnam's rate was tied for the fifth-highest in the state, but it was nearly a full percentage point lower than the previous year. Hughson had a March rate of 12.7 percent, up a little from the 12.6 percent posted in February.



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