Department of Numbers

Great Falls, Montana Unemployment

The BLS reported that the unemployment rate for Great Falls rose 0.1 percentage points in November 2023 to 2.9%. For the same month, the metro unemployment rate was 0.1 percentage points lower than the Montana rate. The unemployment rate in Great Falls peaked in April 2020 at 12.5% and is now 9.6 percentage points lower. From a post peak low of 2.3% in April 2023, the unemployment rate has now grown by 0.6 percentage points. You can also compare Great Falls unemployment with unemployment in other cities.

Unemployment Rate November 2023 Month/Month Year/Year
National 3.7% -0.1 +0.1
Montana 3.0% +0.2 +0.3
Great Falls 2.9% +0.1 +0.3
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2023 data as December metro level unemployment data has not yet been released.

Unemployment Rate: Great Falls, Montana, National

Great Falls, Montana monthly unemployment rate chart

Note: Recessions shown in gray.

Great Falls, Montana Unemployed

The number of people unemployed in Great Falls peaked in April 2020 at 4,666. There are now 3,521 fewer people unemployed in the metropolitan area. From a recent trough of 920 in April 2023, the number of unemployed has now grown by 225. Great Falls employment and jobs data (including jobs lost/gained in Great Falls, Montana) is also available.

Unemployed Persons November 2023 Month/Month Year/Year
Great Falls 1,145 +45 +111

Number of Unemployed Persons

Great Falls, Montana Unemployment History

Date National
Unemployment Rate		 Montana
Unemployment Rate		 Great Falls
Unemployment Rate		 Great Falls
Unemployed
December
2023		 3.7% — — —
November
2023		 3.7% 3.0% 2.9% 1,145
October
2023		 3.8% 2.8% 2.8% 1,100
September
2023		 3.8% 2.7% 2.6% 1,038
August
2023		 3.8% 2.5% 2.5% 1,000
July
2023		 3.5% 2.5% 2.5% 982
June
2023		 3.6% 2.4% 2.4% 963
May
2023		 3.7% 2.3% 2.4% 950
April
2023		 3.4% 2.3% 2.3% 920
March
2023		 3.5% 2.3% 2.4% 931
February
2023		 3.6% 2.4% 2.4% 958
January
2023		 3.4% 2.5% 2.5% 996

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩

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