The State Fiscal Year starts on July 1 and ends June 30.
This document is updated by May 30th each year.

* This average weekly wage is produced by state statute to determine the maximum and minimum benefit amounts for unemployment insurance benefits. It is also used to determine the maximum benefit amount for workers' compensation benefits.

The average annual wage is calculated by dividing total wages paid by all covered employers as reported on Unemployment Insurance (UI) Contribution reports by the average monthly number of individuals employed as reported on such contribution reports. The average annual wage divided by 52, rounded to the nearest cent, is the average weekly wage. This data excludes Federal Government.

Data for 1974 forward includes private nonprofit employment (reimbursable); 1977 forward also includes state and local government employment.

Computed and published by the Research & Analysis Bureau, Montana Department of Labor & Industry, P.O. Box 1728, Helena, MT 59624, (406) 444-2430.
SOURCE: Covered employment (QCEW) data.