Montana jobless steady at 7.4 percent

2011-04-19T09:22:00Z 2011-04-19T09:32:23Z Montana jobless steady at 7.4 percent Montana Standard
April 19, 2011 9:22 am

HELENA, Mont. (AP) - The state Labor Department says Montana's seasonally adjusted unemployment rate remained constant at 7.4 percent in March, despite an increase in the number of people who have jobs.

Labor Commissioner Keith Kelly says the number of Montanans who are working increased by 1,300 jobs in March, which is the largest one-month increase since the recession started.

He says the unemployment rate remained unchanged because over 1,100 residents re-entered the labor force and started looking for work in March.

The estimate for the total number of Montanans who are unemployed decreased by 175 in March.

The national unemployment rate is at a two-year low at 8.8 percent.

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(1) Comments

  1. floren
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    floren - April 19, 2011 7:07 pm
    Maybe the unemployed can take too hart that Christy Mack and Susan Karches, wives of Morgan Stanley's investment-banking division biggies got a big bail out and didn't lose anything. Neither woman has any serious history in business or business experiences. "Yet the Federal Reserve handed them both low-interest loans of nearly a quarter of a billion dollars through a bailout program that virtually guaranteed them millions in risk-free income." How lucky for them. Remember this when you join the unemployed; It pays to be related to banksters. Sad state of affairs isn't it!!!

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