Montana Economy At a Glance 2007 May

Cover Montana Economy At a Glance 2007 May
Montana Economy At a Glance 2007 May
Montana.Dept. of Labor And Industry.Research And Analysis Bureau
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Other industries that are aflFected by changes in the season, such as construction, also rank high in volatility.
Figure Three: Average Annual Employment Volatility by Montana Industry: 2001 -2006 May 2007 Q Figure Two: Average Annual Employment Volatility by Montana County: 2001 -2006 Source: Montana Department of Labor and Industry, Research and Analysis Bureau Prepared by: Montana Department of Commerce, Census and Economic Information Center Industries that are not weather dependent or that
... are large- ly immune to shifts in the economy exhibit low levels of volatility. Heath care ranked lowest in volatility among all industries in Montana. This was expected, given that the demand for medical care is not seasonal and is largely inde- pendent of changes in the overall economy.
Conclusion 20% 18% 16% 14% 12% 10% 8% H- 6% 4% 2% 0% "c TO a -£- o u Employment volatility will always be a component of the Montana economy. This does not mean that its eflFects can- not be lessened, however.


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