Montana’s economy is rebounding quickly from the worst of the COVID-19 pandemic, Department of Labor & Industry economists write in a report released Wednesday — but between worker shortages, limited childcare options, rising housing costs and the persistent threat of the coronavirus, the state still has its share of storm clouds above the horizon.

The document, the 2021 installment of the department’s annual Labor Day report, is authored by staff economists and Chief Economist Barbara Wagner and compiles a wide array of statistics charting how Montana workers and businesses have fared since COVID-19 swung a wrecking ball through the state economy last year.

The key takeaway: The rebound is booming, to the point that tight labor markets are once again the most significant economic challenge facing Montana businesses.

“Montana’s economy is in…

Read more…


Comments are closed.