May unemployment in Carson City falls to 4.7 percent, 500 jobs created in a year
Unemployment in Carson City fell to 4.7 percent in May, down 0.3 of a percentage point relative to April and down 1.8 percent in the past 12 months with the addition of 500 jobs, according to figures released Tuesday by the state's Department of Employment, Training and Rehabilitation.
Metro area unemployment rates varied on a month-over-month basis, but decreased year over year in May. This marks the first time since late-2007 that all metro areas in the Silver State — Carson City, Reno/Sparks and Las Vegas area have unemployment rates below 5 percent, said DETR's chief economist Bill Anderson.
The unemployment rate in Las Vegas remained at 4.8 percent and the rate in Reno stayed at 3.9 percent in May. Unemployment rates decreased on an over-the-year basis in all 17 of the state’s counties. Reno jobs are up 2.7 percent over the year with 5,800 jobs added since May 2016. In Carson City, 500 jobs have been added since May 2016.
“Although all of the state’s population centers decreased in May, job growth remains positive on year-over-year basis,” Anderson said. “Month-to-month volatility is not cause for concern as annual averages are a more accurate gauge of the Silver State’s economy which continues to show positive signs of improvement.”