Montana's unemployment rate dropped once again in October, falling to 4.5 percent.

Although it only dropped a slight 0.1 percent last month, the overall unemployment rate has dropped 0.8 percentage points since January.

"As we head into the holiday season, Montana's unemployment rate continues to decline and our economy continues to grow," said Governor Steve Bullock. "The historic job growth we've seen since January should give Montana businesses and retailers confidence as we head to the end of the year."

Total employment estimates suggested job growth of 580 jobs over the last month, with 12,145 jobs added over the past year.

"Montana's economy has posted strong gains this year for Montana's working families," said Labor Commissioner Pam Bucy. "The Department of Labor and Industry looks forward to continuing our efforts to improve the skills of the Montana workforce, ensuring that our economy will continue to outperform in future years."

The U.S. unemployment rate also decreased by 0.1 percentage points to 5.8 percent.