Does Montana Rank Near The Top When It Comes To Job Availability?
In the last couple of years, many Montana business owners have had a heck of a time finding people to fill open positions. Many businesses have had to shut down one or two days a week because they simply don't have the staff to open.
While it seems like the situation has recently improved a bit, you still see all kinds of businesses with signs out front saying "Now Hiring." In fact, several of those positions are offering high wages compared to other states.
All things considered, it would be safe to assume that Montana ranks near the top when it comes to job availability, right?
Well, you know what they say about people that assume. According to Wallethub, who just came out with their 2022 Best and Worst States for Jobs, Montana is closer to the bottom than the top.
Out of the 50 states, Montana ranks 39th. Maybe you're wondering what factors are considered when ranking each state. WalletHub considered the job market and the economic environment as the two key factors. Montana ranks 29th in the job market category and 39th in the economic environment category.
A couple of Montana's neighboring states make the Top 5 for most job opportunities, with North Dakota and Washington coming in at number 3 and number 5.
So what is the solution to the problem? How can Montana continue to grow and be an economic leader? Experts will debate about the answer, but one thing is for sure; until housing prices fall, Montana businesses won't be able to pay enough for folks to live here comfortably.