Nevada adds jobs in March; Reno employment at new all-time high, Carson City down slightly
The state’s unemployment rate in March is 5.0 percent, down by 0.1 from 5.1 percent in February and down by 4.2 percentage points when compared to March 2021.
“I’m pleased to see that Nevada’s businesses continue to grow and that Nevadans continue to find new jobs and new opportunities. We are committed to doing all we can to connect Nevadans to job opportunities and build a stronger and more diverse economic foundation to create an economy that works for Nevada’s families” said Gov. Steve Sisolak.
Metropolitan Statistical Area (MSA) Employment (Seasonally Adjusted):
— Carson City employment had a decrease of 100 jobs (-0.3%) since February, and increased by 1,100 jobs (3.6%) since March 2021.
— Reno employment had an increase of 1,300 jobs (0.5%) since February, and increased by 10,700 jobs (4.4%) since March 2021.
— Las Vegas employment increased by 1,300 jobs (0.1%) since February, and increased by 116,600 jobs (12.6%) since March 2021.
“In March, Nevada’s labor market continues to improve. Total statewide employment moved within 10,000 jobs of its pre-pandemic peak and the private sector is just 2,600 jobs below that level. Las Vegas saw the fastest job growth in the state over the year, and Reno set a new all-time high for employment," said David Schmidt, Nevada's Chief Economist. "The unemployment rate continues to decline, and claims for unemployment benefits are at multi-decade lows. The labor market is tight, wages are rising, and as Nevada’s employment recovery continues these conditions are likely to continue as well.”
To see additional labor market data view the department’s employment and unemployment dashboards located at www.nevadaworkforce.com.
See the full report below.
Statewide Nevada Employment Figures for March 2022 by Carson Now on Scribd