Nevada's employment growth remains strong in June; Carson City unchanged since May
Submitted by Jeff Munson on Sun, 07/24/2022 - 4:07pm
Employment in Nevada continues its growing trend in June 2022, adding 7,600 jobs over the month. The education and health industry added 2,700 jobs, followed by professional and business services with 2,400 jobs.
The level of recovery among the eleven super sectors at the state level, has seen five industries surpassing their employment peaks: Manufacturing has recovered at 109.5 percent, trade, transportation and utilities with a recovery of 109.8 percent, financial activities at 108.0 percent, and education and health services at 105.2 percent. Leisure and hospitality stand at 90.7 percent recovery of its peak. Total nonfarm employment as of June 2022 stands at a 100.2 percent now above its pre-pandemic peak.
The unemployment rate in Nevada saw a decrease from 4.9 percent in May to 4.7 percent in June when seasonally adjusted. The non-seasonally adjusted unemployment rate saw an increase as well at 5.1 percent from 4.7 percent in May.
Two out of the three of the state’s metropolitan statistical areas (MSAs) had employment growth during the month of May. Las Vegas employment increased by 5,400, for a growth rate of 0.5 percent, and Reno employment had an increase of 1,100 jobs, or a 0.4 percent growth rate. Carson City employment was unchanged since May.
Employment has fully recovered all the jobs lost in the pandemic and is now at a new all-time high of 1,452,600 (+3,000 over previous peak), up 90,400 since June 2021, an annual increase of 6.6%.
Information on how to file an unemployment insurance or pandemic unemployment assistance claim, where to get updates from DETR, or what other services are available from the department can be found at the end of this write-up. Additional labor market information can be found on our website here.
Current Employment Statistics
Estimates for this section come from the Current Employment Statistics (CES) program sponsored by the Bureau of Labor statistics (BLS). Total nonfarm employment increased by 7,600 jobs from May to June, a growth rate of 0.5%. Since June 2021, total nonfarm employment increased by 90,400 jobs, or 6.6%. The largest employment increases in June, occurred in leisure and hospitality and retail trade. For more state employment information, please visit our Nevada Area Profile.
Carson City MSA seasonally adjusted total nonfarm employment realized an increase of 0 jobs (0.0%) from May to June. Compared to June 2021, total nonfarm employment saw an increase of 1,200 jobs (4.0%). Sector estimates are not adjusted for seasonality. For more employment information, please visit the Carson City Area Profile here.
Reno MSA seasonally adjusted total nonfarm employment realized an increase of 1,100 jobs (0.4%) from May to June. Compared to June 2021, total nonfarm employment saw an increase of 10,500 jobs (4.2%). Sector estimates are not adjusted for seasonality. For additional employment information, please visit the Reno Area Profile here.
Las Vegas MSA seasonally adjusted total nonfarm employment realized an increase of 5,400 jobs (0.5%) from May to June. Compared to June 2021, total nonfarm employment saw an increase of 74,600 jobs (7.6%). Sector estimates are not adjusted for seasonality. To see more employment information, please visit the Las Vegas Area Profile here.
For more information visit DETR's CES Page, see the summary tables at the end of the document, or check out our dashboards for a CES summary or industry estimates or all the Area Profiles.
See more summary information on Nevada’s Labor Market and the U.S. Labor Market.
