Montana unemployment rate dips to 3.7%

MISSOULA – Montana’s unemployment rate decreased by 0.1 percentage points to 3.7% for the month of March.

Total employment estimates indicate a gain of 326 jobs, while payroll employment posted no change over the month, suggesting that tight labor markets are constraining job growth, according to figures from the Department of Labor & Industry.

Montana’s labor force grew by roughly 100 people over the month, less than the number of jobs added to the economy. Businesses continue to report difficulty finding available workers.