(HELENA) — Montana’s seasonally adjusted unemployment rate continued to decrease in April, moving to 7.3% from 7.4% in March. The U.S. unemployment rate increased by 0.2% to 9.0%.
“Continued private sector job growth of over 1,300 jobs lowered the unemployment rate for the month,” says Labor Commissioner Keith Kelly. “Total employment has increased every month since the start of the year, indicating that Montana economy is firmly on the path to recovery.”
The estimate for the total number of Montanans who are working, including agricultural, payroll, and self-employed workers, increased by 1,308 jobs, while the number of unemployed decreased by 217 people. Seasonally adjusted total nonfarm payroll employment increased by 1,000 over the month, with all of the job gain in the private sector. Government employment has remained at the same level since February after a year-long decline in public sector employment.
The seasonally adjusted Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.4% in April, lead by large increases in the gasoline index. Indexes making major contributions to the rise in core inflation included new and used vehicles, medical care, and shelter.