Carson City, Nevada’s metro areas show continued job growth since height of recession
Submitted by editor on Thu, 03/08/2018 - 11:14am
Newly released figures from the Nevada Department of Employment, Training and Rehabilitation show Carson City and Nevada’s two other metro areas continuing to see job growth improvements since the height of the recession.
Carson City job growth has increased by 1,400 jobs since January 2017, or 4.8 percent. Carson City's unemployment is 5.8 percent; down 0.7 point from a year ago, according to DETR figures.
Meanwhile, Reno jobs are up 4.5 percent, adding 10,100 jobs, while the Las Vegas metro area is 2.3 percent up 22,300 jobs since January 2017, according to DETR.
Statewide jobs are up 2.8 percent, up 37,700. Reno unemployment is 4.5 percent; down 0.7 point from a year ago. Las Vegas unemployment is 5.4 percent, down 0.2 point from a year ago.
January unemployment rates ranged from 3.7 percent (Eureka) to 6.7 percent (Nye, Lyon).
Entering January, employment growth across the Silver State continues to be strong and broad-based.
Employment rose in 16 of 17 counties in Nevada, with 10 of those counties growing at 4.5 percent or more. Unemployment rates are down in 15 of 17 counties over the year, with Eureka, Elko, and Esmeralda counties having the lowest unemployment rates.
Comparing our state metropolitan statistical areas (MSAs), Las Vegas has seen the strongest recovery from pre-recession levels, up by seven percent overall from January of 2007, but both Reno and Carson City have seen an increasing pace of growth over the last two years, said David Schmidt, chief economist, for Nevada’s Department of Employment, Training and Rehabilitation.
Unemployment rates declined on an over-the-year basis in 15 of 17 counties this month. Year-over-year declines in initial claims activity in all but four counties (Lander, Lincoln, White Pine, and Esmeralda) this month.
Since bottoming out, Las Vegas and Reno have added back 190,100 jobs and 47,200 jobs, respectively.
