Carson City unemployment sees significant drop after new jobs added
Submitted by Jeff Munson on Fri, 05/16/2014 - 7:52am
Unemployment in Carson City fell by 2.5 percentage points to 7.8 percent in April, after employers added 300 jobs between March and April making it one of the best metro areas for job growth in the state, according to figures released Friday by Nevada’s Department of Employment, Training and Rehabilitation.
In April, Nevada’s seasonally adjusted unemployment rate fell to 8 percent, down from 8.5 percent in March. This is the largest drop the state has seen in its unemployment rate since 1983. The number of unemployed fell from 117,300 in March to 110,000 in April.
“Our state continues to make positive economic progress, and, most importantly, more Nevadans are working again,” said Gov. Brian Sandoval. “We are experiencing broad-based growth across nearly all industries, and we have added jobs for nine straight months. While the news from month to month continues to be positive, there are still too many Nevadans out of work. My focus will remain on growing jobs in our state until every Nevadan that wants a job has one.”
Employers added 3,000 jobs to payrolls, the ninth consecutive monthly gain and the 39th consecutive gain on a year over year basis, said Bill Anderson, chief economist for Nevada’s Department of Employment, Training and Rehabilitation.
“Along with the decline in the unemployment rate, other barometers, such as initial claims for unemployment insurance and house prices showcase the improving economy,” Anderson said. “Nearly all major industries and all of Nevada’s metropolitan statistical areas (MSAs) are growing in this broad based recovery with nearly every new report bringing noticeable advances.”
The non-seasonally adjusted unemployment rates fell in each of the State’s metro areas. Las Vegas had a reading of 7.4 percent, down by 2.5 over-the-year, and the rate in the Reno/Sparks area fell by 2.9 to 7 percent. Carson City’s fell by 2.5 percentage points to 7.8 percent. In the Elko area, the rate fell to 5 percent from 6 percent last year.
Year to date, there are 44,000 more jobs than there were in the same period in 2013. The private sector is averaging a gain of 42,700, or a 4.3 percent increase, Anderson said. About 55 percent of the jobs that were lost during the downturn have been recovered in total.
“Comprehensively, all the MSAs are making progress with jobs,” Anderson said. Carson City has the distinction of the highest monthly growth rate out of the three MSAs at 1.1 percent (300 jobs) from March-April.
The opening of Bealls, Sportsman's Warehouse and Francisco's Mexican Restaurant at the Carson Mall in Carson City may have contributed to the significant increase of jobs.
Las Vegas is obviously the leader in numerical change, with employment up by 27,300 so far in 2014. However, Reno/Sparks has the highest year-to-date growth rate at 4.7 percent (8,900 jobs). In the Reno/Sparks area, the professional and business services sector has added 2,800 jobs year to date for a very high growth rate of 10.9 percent.”
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