Nevada Employment Boom: Carson City gains 1,100 jobs, Reno up 14,800 since Sept. 2018

Carson City, Reno and Las Vegas have experienced solid job growth and creation since September 2018, according to the latest employment figures released Tuesday by the Nevada Department of Employment, Training and Rehabilitation.

Statewide, jobs increased by 3.2 percent, a gain of 45,200 new jobs added since September of last year. The Reno metropolitan statistical area added jobs at the rate of 6.0 percent during the same period, while Carson City grew by 3.6 percent and Las Vegas, 2.1 percent.

All three metro areas had faster employment growth rates than the national rate of 1.4 percent.

These percentage changes represent an increase of 1,100 jobs in Carson City, 14,800 in Reno and 21,100 jobs in Las Vegas.

Compared to August, these areas experienced increases of 100 jobs in Carson City, 5,500 jobs in Las Vegas, and 1,100 jobs in Reno.

All of these changes are seasonally adjusted to show underlying trends in employment.

September’s unemployment rates declined when compared to the same month in 2018 within all the state’s MSAs and in all but Esmeralda and Eureka counties. When compared to August, all MSAs, counties, and cities showed declines in unemployment with the Reno MSA reaching 2.9 percent.

For comparison, Humboldt, Eureka, White Pine, and Elko counties had unemployment rates ranging from 2.5 percent to 2.7 percent. The highest county unemployment rate was Nye at 5.1 percent, and the lowest was Eureka at 2.5 percent.

All published cities and combined regional areas showed decreases compared to September last year and August this year with Elko City reaching the lowest city rate of 2.5 percent.

“In September, Nevada marked 12 consecutive months leading the nation in job growth over the year, and that growth is reflected in the state’s local areas," said David Schmidt, Chief Economist, for Nevada’s Department of Employment, Training and Rehabilitation. "All the state’s metropolitan areas added jobs over the year at a faster pace than the national average of 1.4 percent."

Additionally, following normal seasonal trends unemployment rates declined in all our counties, metropolitan areas, and cities compared to August this year.

Unemployment rates also declined in all but two counties compared to September last year.

"The Silver State continues to experience low unemployment rates and employment growth in communities around the state, which should continue to promote opportunities for Nevada’s workers,” said Schmidt.

Additional September 2019 Economic Report Highlights:

Job Growth in September (Seasonally-Adjusted):

Carson City increased 100 jobs over the month, and is up 1,100 jobs over the year (3.6 percent).

Reno added 1,100 jobs over the month and 14,800 over the year (6.0 percent).

Las Vegas is up 5,500 jobs over the month and is up 21,100 over the year (2.1 percent).

All three of the metro areas have employment growth rates higher than the national growth rate of 1.4 percent.

Unemployment: Las Vegas: 4.0 percent; down 0.5 percentage point from August, and down 0.8 percentage points from a year ago. Reno: 2.9 percent; down 0.4 percentage point from March, down 0.5 percentage from this time last year. Carson City: 3.6 percent, down 0.3 percentage point from March, and down 0.6 percentage point from a year ago.

Since September 2018, 15 of 17 counties showed decreases in unemployment with Eureka and Esmeralda showing increases of 0.2 and 0.3 percent respectively.

Nine counties had decreases in unemployment when compared to March. Carson City, Esmeralda, Lander, Lyon, and Mineral at 0.5 percent; Churchill, Clark, and Elko at 0.1 percent; and Douglas county at 0.4 percent.

Eureka has the states lowest unemployment rate at 2.5 percent, and Nye had the highest at 5.1 percent. On a city level Las Vegas, North Las Vegas, Henderson, Sparks, and Reno had decreases in unemployment on a monthly and annual basis.

Additionally, Boulder City, Elko City, Fernley City, and Mesquite City also had over-the-month and year decreases.

Not employed rates are returning to 2008 levels in all counties. Not employed is defined as the percentage of individuals over the age of 18 who reside in the community and are ready, willing, and able to be employed but are unable to find employment. The not employed rate differs from the unemployed rate in that unemployed includes individuals 16 years of age and up, the report states.

In an examination of earnings data from the Census Bureau’s Longitudinal Employer-Household Dynamics Program, female earnings are 78 percent of males in Carson City, the highest statewide, while the state average is 73 percent, according to the report.

See the report breakdown here:

Nevada Sub-State Labor Market Overview September 2019 by Carson Now on Scribd