BUSINESS NEWS

Montana’s Unemployment Rate Hits Record Low With Strong Jobs Growth

Submitted by Brooke Stroyke, Office of the

Governor & Jessica

Nelson, Department

of Labor & Industry

 

Governor Greg Gianforte announced on Friday Dec. 17, Montana’s unemployment rate decreased 0.3% in November to 2.8%, tying the lowest unemployment rate ever recorded in the state. Strong job growth continued in November, with over 3,000 jobs created.

“Montana is closing out the year with yet another month of record-setting employment and strong growth in our labor force,” said Governor Greg Gianforte. “As we enter a new year, we’ll continue enacting our pro-jobs, pro-growth agenda to complement the unmatched work ethic of Montanans.”

Since November 2020, Montana’s unemployment rate has dropped from 4.5% to 2.8%, matching a record low from February 2007. Montana’s unemployment rate is well below the national rate of 4.2%.

Meanwhile, Montana’s total employment, which includes payroll, agricultural, and self-employed workers, grew by 3,069 in November, which is the fastest job growth recorded for the year.

For the third consecutive month, the number of employed Montanans hit a new record high of 528,142. The number of unemployed Montanans also continued to drop, hitting 15,403 – the lowest number of job seekers without work since 2007.

The number of available workers in Montana’s labor force, a critical metric of concern during the current labor shortage, increased by 1,543. Montana’s labor force has grown by more than 10,000 workers since the governor took office in January.

Private payroll employment increased by 3,100 jobs, with construction, retail, healthcare, and professional services posting meaningful job gains of 500 jobs or more. Public sector payroll employment posted a small decline for the month.

While celebrating November’s historic jobs report, the governor again called on the federal government to address rising inflation.

“Inflation is rising at a record pace not seen in nearly 40 years, and it’s robbing hardworking Montanans of what they earn. Every Montanan feels it, and we can’t afford for the federal government to continue driving up inflation with trillions more in new government spending,” Gov. Gianforte said.

The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.8% in November with broad-based increases in most goods. Gasoline prices increased 6.1%. The index for all items less food and energy, referred to as core inflation and an important metric for future inflation expectations, increased 0.5% in November.

Start the new year right!

PREVENT program to begin at CPMC

 

 

 

Submitted by Paula Collins

 

Implementing healthy, sustainable changes to your daily nutrition and learning how to implement physical activity that is enjoyable can ultimately help you lose weight and feel better. Prevent is a lifestyle program that teaches and encourages you to make the modifications that can change the way you feel.  This program is taught by CPMC’s Nicole Kapan, Registered Dietician, and targets people who are at risk for pre-diabetes and/or developing Cardiovascular Disease.

Nicole is happy to be starting classes again this year.  “The PREVENT program began in Lincoln County over 11 years ago and has helped countless local people learn how to live longer, healthier lives.  I am pleased we can continue to share this course with the public,” she stated.

 

The PREVENT course begins with a personal assessment by a Lifestyle Coach to determine the best guidance that will get life-long success.  The 16 weeks to follow are known as the Core Sessions where participants attend weekly classes led by a Lifestyle coach; you will be in classes with others who have similar struggles and health concerns.  The remainder of the program is tailored to help participants maintain the healthy lifestyles they were taught in the core sessions.

The next PREVENT program begins on January 17, 2022 and will be held every Monday from 5 – 6pm.  If you are interested, please see your physician or call the Cabinet Peaks Diabetes and Nutrition Education Department at 283-7316.

The local PREVENT program is sponsored by Cabinet Peaks Medical Center and the Montana Cardiovascular Disease and Prevention Program.

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