Posts Tagged: Job Growth

Nevada Leads Nation in June Job Growth

.

In June, employment in Nevada is up 45,500 over the year, an increase of 3.3 percent according to the state’s Department of Employment, Training, and Rehabilitation (DETR). That’s more than double the current U.S. growth rate (1.5%) and leads the nation for June, according to the US Bureau of Labor Statistics. That’s also despite a… Read more »

October Unemployment Down As 5,100 Jobs Added

.

According to the latest data from the Department of Employment, Training and Rehabilitation (DETR), the state’s U-3 or headline unemployment rate declined by 0.1 percentage point over the month, to 4.4 percent, in October 2018. The state’s unemployment rate is down half a percentage point over the year. This rate is 0.7 points above the… Read more »

Nevada Unemployment Steady As 2,800 Jobs Gained in September

.

According to the latest data from the Department of Employment, Training and Rehabilitation (DETR), the state’s headline or U-3 unemployment rate remained unchanged in September by holding steady at 4.5 percent over the month, but is down 0.4 percentage points over the year. Initial claims for September unemployment insurance (UI) benefits totaled 8,290, the lowest… Read more »

Headline Unemployment Falls in August

.

According to the latest statistics from the US Bureau of Labor Statistics, unemployment rates were lower in August in 13 states, higher in 3 states, and stable in 34 states and the District of Columbia. Eleven states had jobless rate decreases from a year earlier and 39 states and the District had little or no… Read more »

Nevada Unemployment Hits 4.7% in June

.

According to the state Department of Employment, Training and Rehabilitation’s (DETR) June 2018 economic report, job growth was 2.8 percent, well above the national rate of 1.6 percent. June marks the 90th straight month of year-over-year job gains in Nevada, with job growth continuing to hover near 40,000 jobs per month on a year-over-year basis. Manufacturing, construction,… Read more »

Strong Job Growth, Weak Wage Gains in June

.

Below is the latest Jobs Byte from Dean Baker at the Center for Economic and Policy Research, with emphasis added by us in bold. The upshot is not unfamiliar for those following recent employment reports, whether national or local. While job growth is good and the headline unemployment is hovering around a “full” level, wage… Read more »

Job Growth Steady, Unemployment Down in May

.

According to Nevada’s Department of Employment, Training and Rehabilitation’s (DETR) May 2018 economic report, job growth was 2.8 percent in May, well above the national rate of 1.6 percent, as 37,600 unadjusted jobs were added from the same month a year ago. 2017 data shows Nevada has regained the title of the fastest growing private sector in the United States, with the addition of 38,600 jobs relative to 2016,… Read more »

Las Vegas Among Top 10 Metros for 2017 Job Growth

.

Recently released numbers by the US Bureau of Labor Statistics show Las Vegas had the seventh-highest job growth rate of any major metropolitan area in 2017. The Riverside CA area came in first with 3.55% gains over the year. Austin, Nashville, Orlando, Jacksonville, and Charlotte also topped Vegas, which saw 2.88% growth from 2016. Overall,… Read more »

Nevada Unemployment Steady in February, With Big Job Gains

.

Unemployment rates were lower in February in 7 states and stable in 43 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported. Fifteen states had jobless rate decreases from a year earlier and 35 states and the District had little or no change. The national unemployment rate was unchanged from January… Read more »

Nevada Closes 2017 With Strong Job Growth, Stable Unemployment

.

Nevada’s labor market indicators closed out 2017 on a high note, according to a new release from the state’s Department of Employment, Training, and Rehabilitation (DETR). December saw a seasonally adjusted gain of 7,600 jobs from November, and 40,900 added over the course of the year. Both the private and public sectors outperformed in December:… Read more »