Lincoln County unemployment increases
The Western News | Hagadone News Network | UPDATED 14 years, 5 months AGO
Lincoln County’s non-seasonally
adjusted unemployment rate climbed from 13.9 percent in October to
16.1 percent in November, according to the Montana Department of
Labor and Industry.
It was the highest unemployment rate in
the county since reaching 16.8 percent in April. The worst month
for the year was in March when unemployment came in at 19.3
percent.
Montana’s seasonally adjusted
unemployment rate fell for the second straight month in November,
moving down 0.1 percent to 7.2 percent.
The U.S. rate increased by 0.2 percent
to 9.8 percent.
Statewide, private payroll employment
increased slightly by 700 jobs, but an equal decline of 700
government jobs kept total payroll employment unchanged over the
month. The estimate for the total number of Montanans who are
working, including agricultural, payroll and self-employed workers,
was essentially unchanged, showing a loss of 290 jobs on a
seasonally adjusted basis.
Inflation remained low over the month,
with the seasonally adjusted Consumer Price Index for All Urban
Consumers increasing by 0.1 percent in November. Food, energy and
all other items all posted price increases but the increase in the
energy index was the smallest in five months.
The index for all items less food and
energy (also called core inflation) increased slightly by 0.1
percent after staying flat for the last three months.
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