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News Release Information

25-1645-KAN
Wednesday, December 31, 2025

Contacts Technical information: Media contact:
  • (816) 285-7000

Business Employment Dynamics in Montana — First Quarter 2025

From December 2024 to March 2025, gross job gains from opening and expanding private-sector establishments in Montana were 34,215, while gross job losses from closing and contracting private-sector establishments were 32,323, the U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for Regional Operations Michael Hirniak noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 1,892 jobs in the private sector during the first quarter of 2025. (See table 1.) During the previous quarter, gross job gains exceeded gross job losses by 2,569. (See chart 1.)

 

The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all private businesses in the economy. Business Employment Dynamics (BED) statistics track these changes in employment at private-sector establishments from the third month of one quarter to the third month of the next. The difference between the number of gross job gains and the number of gross job losses is the net change in employment. (See the Business Employment Dynamics Technical Note.)

Gross job gains

In the first quarter of 2025, gross job gains represented 8.0 percent of private-sector employment in Montana; nationally, gross job gains accounted for 5.6 percent of private-sector employment. (See chart 2.) Gross job gains are the sum of increases in employment due to expansions at existing establishments and the addition of new jobs at opening establishments. In Montana, gross job gains at expanding establishments totaled 26,992 in the first quarter of 2025, a decrease of 555 jobs compared to the previous quarter. Opening establishments accounted for 7,223 jobs gained in the first quarter of 2025, a decrease of 792 jobs from the previous quarter.

 
Gross job losses

In the first quarter of 2025, gross job losses represented 7.5 percent of private-sector employment in Montana; nationally, gross job losses accounted for 5.4 percent of private-sector employment. (See chart 3.) Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. In Montana, contracting establishments lost 25,233 jobs in the first quarter of 2025, an increase of 223 jobs from the prior quarter. Closing establishments lost 7,090 jobs, a decrease of 893 jobs from the previous quarter.

 
Industries

Gross job gains exceeded gross job losses in 4 of the 10 published industry sectors in Montana in the first quarter of 2025. Retail trade had the largest over-the-quarter net job increase, with a gain of 1,405 jobs. This was the result of 4,076 gross job gains and 2,671 gross job losses. The construction industry had a net gain of 435 jobs. Leisure and hospitality showed a net loss of 394 jobs, the largest loss of any sector in the state.

Revisions to Business Employment Dynamics (BED) Data

Data in this release contain annual revisions in accordance with standard procedures. These revisions include the previous four quarters of not seasonally adjusted data and five years of seasonally adjusted data.

Federal Government Shutdown

Publication of first quarter 2025 data was delayed by more than 6 weeks because of a lapse in federal appropriations. Collection of first quarter Quarterly Census of Employment and Wages data – which Business Employment Dynamics data is based upon – had been completed in accordance with our normal schedule prior to the federal government shutdown.

For more information

The BED data series include gross job gains and gross job losses by industry subsector, for the 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands, as well as gross job gains and gross job losses at the firm level by employer size class. BED data for the states have been included in table 2 of this release. Additional information is available online at the Business Employment Dynamics homepage and the Business Employment Dynamics Summary.

The Business Employment Dynamics for Second Quarter 2025 are scheduled to be released on Thursday, February 26, 2026, at 8:00 a.m. (MT).


Technical Note

The Business Employment Dynamics (BED) data are a product of a federal-state cooperative program known as Quarterly Census of Employment and Wages (QCEW). The BED data are compiled by the U.S. Bureau of Labor Statistics (BLS) from existing QCEW records.

More information on formal definitions of the data used in this release, along with coverage, concepts, and methodology, can be found in the Business Employment Dynamics Technical Note.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Private-sector gross job gains and losses by industry, Montana, seasonally adjusted
Category Gross job gains and losses
(3 months ended)
Gross job gains and losses
as a percent of employment
(3 months ended)
Mar.
2024
June
2024
Sept.
2024
Dec.
2024
Mar.
2025
Mar.
2024
June
2024
Sept.
2024
Dec.
2024
Mar.
2025

Total private (1)

Gross job gains

34,433 33,900 30,730 35,562 34,215 8.1 7.9 7.2 8.4 8.0

At expanding establishments

26,847 26,581 23,762 27,547 26,992 6.3 6.2 5.6 6.5 6.3

At opening establishments

7,586 7,319 6,968 8,015 7,223 1.8 1.7 1.6 1.9 1.7

Gross job losses

32,493 32,566 34,223 32,993 32,323 7.6 7.6 8.0 7.8 7.5

At contracting establishments

24,598 26,026 26,103 25,010 25,233 5.8 6.1 6.1 5.9 5.9

At closing establishments

7,895 6,540 8,120 7,983 7,090 1.8 1.5 1.9 1.9 1.6

Net employment change (2)

1,940 1,334 -3,493 2,569 1,892 0.5 0.3 -0.8 0.6 0.5

Construction

Gross job gains

4,699 4,037 3,541 4,650 4,518 12.2 10.6 9.9 12.7 11.8

At expanding establishments

3,470 3,013 2,717 3,344 3,455 9.0 7.9 7.6 9.1 9.0

At opening establishments

1,229 1,024 824 1,306 1,063 3.2 2.7 2.3 3.6 2.8

Gross job losses

4,117 4,735 4,500 3,834 4,083 10.6 12.5 12.5 10.5 10.6

At contracting establishments

3,065 3,700 3,433 2,853 3,060 7.9 9.8 9.5 7.8 7.9

At closing establishments

1,052 1,035 1,067 981 1,023 2.7 2.7 3.0 2.7 2.7

Net employment change (2)

582 -698 -959 816 435 1.6 -1.9 -2.6 2.2 1.2

Manufacturing

Gross job gains

1,208 1,064 962 1,069 1,033 5.6 4.9 4.5 5.0 4.9

At expanding establishments

1,019 903 748 831 830 4.7 4.2 3.5 3.9 3.9

At opening establishments

189 161 214 238 203 0.9 0.7 1.0 1.1 1.0

Gross job losses

1,095 1,216 1,481 919 968 5.0 5.6 6.9 4.3 4.6

At contracting establishments

922 995 1,072 740 803 4.2 4.6 5.0 3.5 3.8

At closing establishments

173 221 409 179 165 0.8 1.0 1.9 0.8 0.8

Net employment change (2)

113 -152 -519 150 65 0.6 -0.7 -2.4 0.7 0.3

Wholesale trade

Gross job gains

906 972 800 1,024 929 4.8 5.1 4.2 5.4 4.9

At expanding establishments

773 768 640 794 746 4.1 4.0 3.4 4.2 3.9

At opening establishments

133 204 160 230 183 0.7 1.1 0.8 1.2 1.0

Gross job losses

906 873 1,076 880 970 4.7 4.6 5.7 4.6 5.1

At contracting establishments

691 720 837 675 760 3.6 3.8 4.4 3.5 4.0

At closing establishments

215 153 239 205 210 1.1 0.8 1.3 1.1 1.1

Net employment change (2)

0 99 -276 144 -41 0.1 0.5 -1.5 0.8 -0.2

Retail trade

Gross job gains

3,974 3,108 3,717 3,403 4,076 6.3 4.9 6.0 5.4 6.5

At expanding establishments

3,550 2,601 3,057 2,890 3,533 5.6 4.1 4.9 4.6 5.6

At opening establishments

424 507 660 513 543 0.7 0.8 1.1 0.8 0.9

Gross job losses

3,330 3,917 3,540 3,671 2,671 5.3 6.2 5.6 5.8 4.2

At contracting establishments

2,819 3,550 2,881 3,076 2,323 4.5 5.6 4.6 4.9 3.7

At closing establishments

511 367 659 595 348 0.8 0.6 1.0 0.9 0.5

Net employment change (2)

644 -809 177 -268 1,405 1.0 -1.3 0.4 -0.4 2.3

Transportation and warehousing

Gross job gains

974 1,744 871 1,508 1,043 7.3 12.9 6.4 11.1 7.6

At expanding establishments

750 1,519 639 1,082 727 5.6 11.2 4.7 8.0 5.3

At opening establishments

224 225 232 426 316 1.7 1.7 1.7 3.1 2.3

Gross job losses

1,296 1,023 1,504 960 1,237 9.8 7.5 11.0 7.1 9.0

At contracting establishments

1,022 733 1,203 721 961 7.7 5.4 8.8 5.3 7.0

At closing establishments

274 290 301 239 276 2.1 2.1 2.2 1.8 2.0

Net employment change (2)

-322 721 -633 548 -194 -2.5 5.4 -4.6 4.0 -1.4

Financial activities

Gross job gains

1,444 1,470 1,386 1,505 1,553 6.2 6.3 5.8 6.4 6.5

At expanding establishments

1,005 913 1,049 967 1,005 4.3 3.9 4.4 4.1 4.2

At opening establishments

439 557 337 538 548 1.9 2.4 1.4 2.3 2.3

Gross job losses

1,399 1,249 1,324 1,539 1,671 5.9 5.3 5.6 6.4 7.1

At contracting establishments

899 954 870 982 1,157 3.8 4.0 3.7 4.1 4.9

At closing establishments

500 295 454 557 514 2.1 1.3 1.9 2.3 2.2

Net employment change (2)

45 221 62 -34 -118 0.3 1.0 0.2 0.0 -0.6

Professional and business services

Gross job gains

4,896 5,315 5,289 5,236 4,820 9.5 10.2 9.9 9.8 9.1

At expanding establishments

3,448 3,902 3,742 3,680 3,554 6.7 7.5 7.0 6.9 6.7

At opening establishments

1,448 1,413 1,547 1,556 1,266 2.8 2.7 2.9 2.9 2.4

Gross job losses

4,888 4,259 4,954 5,264 4,863 9.5 8.2 9.4 9.9 9.1

At contracting establishments

3,101 2,924 3,328 3,733 3,527 6.0 5.6 6.3 7.0 6.6

At closing establishments

1,787 1,335 1,626 1,531 1,336 3.5 2.6 3.1 2.9 2.5

Net employment change (2)

8 1,056 335 -28 -43 0.0 2.0 0.5 -0.1 0.0

Education and health services

Gross job gains

3,689 3,816 3,491 4,428 3,826 4.6 4.8 4.3 5.5 4.7

At expanding establishments

3,189 3,001 2,914 3,639 3,232 4.0 3.8 3.6 4.5 4.0

At opening establishments

500 815 577 789 594 0.6 1.0 0.7 1.0 0.7

Gross job losses

3,490 3,258 3,284 3,246 3,663 4.4 4.1 4.1 4.0 4.5

At contracting establishments

2,641 2,553 2,619 2,366 2,854 3.3 3.2 3.3 2.9 3.5

At closing establishments

849 705 665 880 809 1.1 0.9 0.8 1.1 1.0

Net employment change (2)

199 558 207 1,182 163 0.2 0.7 0.2 1.5 0.2

Leisure and hospitality

Gross job gains

8,717 8,857 7,102 9,331 8,163 11.7 11.9 9.6 12.7 11.0

At expanding establishments

6,934 7,381 5,532 7,964 6,585 9.3 9.9 7.5 10.8 8.9

At opening establishments

1,783 1,476 1,570 1,367 1,578 2.4 2.0 2.1 1.9 2.1

Gross job losses

8,275 8,723 9,045 8,265 8,557 11.1 11.7 12.3 11.2 11.5

At contracting establishments

6,632 7,441 7,288 6,694 7,004 8.9 10.0 9.9 9.1 9.4

At closing establishments

1,643 1,282 1,757 1,571 1,553 2.2 1.7 2.4 2.1 2.1

Net employment change (2)

442 134 -1,943 1,066 -394 0.6 0.2 -2.7 1.5 -0.5

Other services (3)

Gross job gains

1,725 1,604 1,474 1,427 1,455 9.3 8.5 7.8 7.7 7.9

At expanding establishments

1,276 1,297 1,190 1,082 1,112 6.9 6.9 6.3 5.8 6.0

At opening establishments

449 307 284 345 343 2.4 1.6 1.5 1.9 1.9

Gross job losses

1,365 1,352 1,542 1,753 1,461 7.4 7.2 8.2 9.4 8.0

At contracting establishments

983 990 1,192 1,206 1,045 5.3 5.3 6.3 6.5 5.7

At closing establishments

382 362 350 547 416 2.1 1.9 1.9 2.9 2.3

Net employment change (2)

360 252 -68 -326 -6 1.9 1.3 -0.4 -1.7 -0.1

(1) Includes unclassified sector not shown separately.
(2) The net employment change is the difference between total gross job gains and total gross job losses. See the Technical Note for further information.
(3) Except public administration.

Table 2. Private-sector gross job gains and losses as a percent of total employment by state, seasonally adjusted
Category Gross job gains as a percent of employment
(3 months ended)
Gross job losses as a percent of employment
(3 months ended)
Mar.
2024
June
2024
Sept.
2024
Dec.
2024
Mar.
2025
Mar.
2024
June
2024
Sept.
2024
Dec.
2024
Mar.
2025

United States(1)

5.9 5.8 5.8 5.9 5.6 5.5 5.9 5.8 5.7 5.4

Alabama

5.9 5.6 5.8 5.8 5.3 5.6 5.6 5.9 5.3 5.6

Alaska

10.7 10.2 8.0 10.3 10.0 8.5 9.6 9.6 9.5 8.1

Arizona

8.2 5.6 6.4 6.1 5.8 6.5 6.5 5.7 5.9 5.3

Arkansas

5.6 5.3 5.5 5.8 5.1 5.2 5.7 5.2 4.8 5.1

California

6.0 6.2 6.3 6.7 6.0 5.7 6.9 6.2 6.4 6.2

Colorado

6.4 6.6 6.3 6.2 6.2 7.4 5.8 6.4 6.5 6.8

Connecticut

5.8 5.8 5.5 5.5 5.6 5.2 5.5 5.6 5.5 5.3

Delaware

6.2 5.8 6.8 6.1 5.9 5.0 6.5 6.4 6.3 5.3

District of Columbia

5.1 5.1 4.9 5.0 4.8 5.0 5.4 5.0 5.5 5.8

Florida

5.8 6.1 6.5 6.0 5.8 5.5 5.8 5.7 6.2 5.5

Georgia

6.1 5.9 5.8 6.0 5.5 5.7 5.7 6.1 5.4 5.7

Hawaii

5.6 5.2 5.7 5.3 4.9 5.1 5.6 5.0 5.0 5.0

Idaho

7.9 7.5 7.1 8.2 7.3 8.1 7.2 7.5 6.8 7.3

Illinois

5.2 5.1 4.9 5.1 5.0 4.8 5.1 5.0 5.1 5.0

Indiana

5.3 5.2 5.3 5.5 5.4 5.1 5.5 5.3 5.1 5.2

Iowa

6.2 5.6 5.3 5.6 5.8 5.7 5.8 6.0 5.6 5.5

Kansas

5.9 5.9 5.3 5.9 5.5 5.5 5.6 5.6 5.2 5.4

Kentucky

5.9 5.3 5.4 5.3 5.2 5.1 5.8 5.4 5.5 4.8

Louisiana

6.3 5.8 6.1 6.2 5.6 5.6 6.2 5.8 5.5 5.6

Maine

7.4 7.2 6.2 7.0 7.4 6.3 7.1 7.1 7.1 6.3

Maryland

6.1 7.1 5.9 6.0 5.9 5.5 5.9 6.1 5.9 5.7

Massachusetts

5.3 5.7 5.0 5.3 5.0 5.1 5.6 5.8 5.5 5.1

Michigan

5.5 5.7 5.3 5.4 5.2 5.2 5.4 5.8 5.9 5.3

Minnesota

6.1 5.7 5.1 5.5 5.1 5.2 5.2 5.8 5.1 5.5

Mississippi

6.0 5.7 6.3 6.3 5.7 5.8 6.3 5.7 6.2 6.1

Missouri

5.9 5.6 5.6 5.7 5.4 5.4 5.8 5.8 5.3 5.2

Montana

8.1 7.9 7.2 8.4 8.0 7.6 7.6 8.0 7.8 7.5

Nebraska

5.9 5.5 5.6 5.6 5.2 5.1 5.6 5.6 5.5 5.3

Nevada

6.0 5.8 6.2 6.1 5.4 6.1 5.8 5.9 5.6 5.9

New Hampshire

6.4 6.1 5.6 6.3 6.5 5.8 6.0 6.7 5.9 6.1

New Jersey

5.5 5.9 5.4 6.0 5.6 5.5 5.5 5.8 5.5 5.4

New Mexico

6.4 6.1 6.3 6.1 5.9 6.1 6.5 6.2 5.9 5.8

New York

6.0 5.8 5.7 5.7 6.6 5.0 5.5 5.8 5.5 5.0

North Carolina

5.5 5.6 5.5 6.1 5.4 5.4 5.5 5.8 5.5 5.5

North Dakota

6.9 6.6 6.5 6.5 6.7 6.0 6.6 6.5 6.6 6.5

Ohio

5.5 5.2 5.2 5.4 5.2 4.8 5.3 5.4 5.1 4.9

Oklahoma

5.8 5.7 6.1 6.0 5.5 5.3 6.4 5.5 5.5 5.3

Oregon

6.6 6.0 6.3 6.2 5.8 5.9 6.3 6.6 6.6 6.2

Pennsylvania

5.1 4.9 5.1 5.2 5.0 4.6 5.2 5.0 4.8 4.7

Rhode Island

6.8 6.6 6.2 7.3 6.6 5.7 6.7 6.4 6.3 5.9

South Carolina

6.5 6.1 6.2 6.4 6.1 6.3 6.0 5.9 5.9 5.5

South Dakota

6.4 6.0 5.9 6.7 6.2 5.8 6.2 5.9 5.9 6.5

Tennessee

5.7 5.5 5.6 5.5 5.4 5.0 5.6 5.7 6.2 5.1

Texas

5.5 5.4 5.7 5.8 5.1 5.1 5.3 5.3 5.2 5.1

Utah

6.9 6.5 6.8 6.8 6.6 6.3 6.9 6.2 6.3 6.0

Vermont

7.5 6.7 6.6 6.7 6.9 6.3 7.4 7.1 6.7 6.8

Virginia

5.8 5.6 5.8 5.8 5.6 5.3 5.7 5.7 5.5 5.1

Washington

5.7 5.9 5.8 5.8 5.7 6.2 5.6 5.8 5.7 5.5

West Virginia

7.1 7.0 5.9 6.5 6.4 6.1 6.7 6.6 6.1 5.7

Wisconsin

5.7 5.3 5.1 5.3 5.0 4.9 5.6 5.5 5.2 4.9

Wyoming

8.4 8.2 8.9 8.9 8.1 8.4 8.8 8.5 8.3 8.7

Puerto Rico

5.3 5.5 5.4 4.3 6.3 4.7 4.9 5.0 5.4 5.4

Virgin Islands

6.4 4.9 4.7 5.2 5.4 5.3 5.7 7.5 10.8 7.6

(1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands. The sum of the states will not necessarily add to the U.S. total because of the independent seasonal adjustment of each state.

 

Last Modified Date: Wednesday, December 31, 2025