Carson City, Reno and Vegas add more jobs in October, employment hiring climbs 7.6 percent over year
Submitted by Jeff Munson on Thu, 11/18/2021 - 9:45am
Nevada added 11,200 jobs in October as the state continues to recover from the COVID pandemic. Employment remains below typical levels, but is up 96,700 jobs since October 2020, an annual increase of 7.6 percent, according to figures released Thursday by the state's Department of Employment, Training and Rehabilitation.
The October 2021 economic report shows the large increase in employment over the year reflects the significant effects of the pandemic over the last year. The total employment level in the state is 1,363,900.
Nevada state’s unemployment rate in October is 7.3 percent, decreased by 0.2 from 7.5 percent in September and decreased by 4.7 percentage points when compared to October 2020.
Metropolitan Statistical Area (MSA) Employment (Seasonally Adjusted):
— Carson City employment had an increase of 200 jobs (0.7%) since September, an increase of 1,200 jobs (4.1%) since October 2020. Go here for Carson City area profile stats.
— Reno employment had an increase of 1,300 jobs (0.5%) since September, an increase of 11,400 jobs (4.8%) since October 2020.
— Las Vegas employment increased by 8,400 jobs (0.9%) since September, an increase of 76,700 jobs (8.5%) since October 2020.
“This report shows rebounding employment growth in Nevada with the state adding 11,200 jobs in October, the second-strongest month of the past year. This growth was spread across many different industries with professional and business services growing the most," said David Schmidt, Nevada's DETR chief economist.
The state’s unemployment rate continued to drop, dipping from 7.5 percent in September to 7.3 percent in October, with the unadjusted unemployment rate falling from 6.4 percent to 5.8 percent, he said.
"The state’s labor market is continuing a rapid recovery as we emerge from the COVID recession,” said Schmidt.
To see additional labor market data view the department’s employment and unemployment dashboards located at www.nevadaworkforce.com.
See the full report below:
Nevada Statewide and Metro Area Labor Market Overview by Carson Now on Scribd
