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Montana’s unemployment rate drops to 3.4% in July

HELENA (AP) — Montana officials say the state’s unemployment rate reached a new 10-year low of 3.4% last month.

That’s a tenth of a percentage point lower than June’s unemployment rate, which was also a 10-year record.

The national unemployment rate remained at 3.7% in July.

State labor officials say total employment gained 1,371 jobs, which includes agricultural, payroll and self-employed workers. The labor force grew by 791 people.

The Consumer Price Index increased by .3%.

Fallon County recorded the state’s lowest jobless rate at 1.2%. Glacier County had the highest rate at 6.6%.

Among the state’s reservations, the Northern Cheyenne had the highest rate at 11.1%.

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