According to the Nevada Department of Employment, Training and Rehabilitation’s March 2023 Economic Report, Nevada created 2,600 jobs during the month. The number of jobs in the state has increased to 73,000 since March 2024, an annual increase of 5.0 percent.
The total employment level in the state is 1,541,200. The state’s unemployment rate in March was 5.5 percent, unchanged from 5.5 percent in February and an increase of 0.2 percentage points compared to March 2024.
Metropolitan Statistical Area (MSA) Employment (seasonally adjusted):
Employment in Carson City increased by 300 jobs (0.9 percent) since February, an increase of 1,600 jobs (5.3 percent) since March 2024.
Employment at Renault decreased by 300 jobs (-0.1 percent) since February, an increase of 10,800 jobs (4.2 percent) since March 2024.
– Las Vegas employment increased by 4,100 jobs (0.4 percent) since February, an increase of 58,100 jobs (5.5 percent) since March 2024.
This month’s report still reflects relatively quick gains in employment and stabilization in unemployment. “The health care and recreational sectors saw the largest gains, while construction saw the largest declines for the month,” said David Schmidt, chief economist for Nevada.
To view additional labor market data, view the department’s data employment And The unemployment Dashboards located in www.nevadaworkforce.com.