Posts Tagged: unemployment

Nevada Employment Growth Softened Prior to COVID-19

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According to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) February 2020 economic report, employment in Nevada is down 1,000 jobs over the month but up 18,300 over the year, a growth rate of 1.3 percent. This marks the first time since July 2012 that Nevada employment grew at a slower rate than the national… Read more »

Nevada Unemployment Hits All-Time Low

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According to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) January 2020 economic report, employment in Nevada is up 3,900 jobs over the month and up 22,800 over the year, a growth rate of 1.6 percent. DETR notes that is at the low end of the range seen over the last year (1.5% –… Read more »

Nevada Unemployment Ticks Up in July

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According to the latest statistics from Nevada’s Department of Employment, Training, and Rehabilitation (DETR), the state’s unemployment rose 0.1 points to 4.1% in July. That figure is still down .4 points on a year-over-year basis. Nevada’s Unemployment Insurance Trust Fund ended the second quarter of 2019 with a balance of over $1.52 billion, which would… Read more »

Nevada Leads Nation in June Job Growth

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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 »

Nevada Sees Largest Annual Job Increase In Over 12 Years

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The Nevada Department of Employment, Training, and Rehabilitation (DETR) released their November 2018 economic report, and it’s good news for the state’s recovery. Nevada added a seasonally adjusted 5,200 jobs between October and November, with a total year-over-year a gain of 51,900 jobs from November 2017. That’s the largest annual increase since 2006, and the… Read more »

October Unemployment Down As 5,100 Jobs Added

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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

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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

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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 Adds 9,500 Jobs in July

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According to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) July 2018 economic report, overall job growth increased to nearly 46,000 jobs year-over-year. At 3.4 percent growth, this is the largest increase since June 2017. Thirty-four states had over-the-year increases in nonfarm payroll employment in July. Nevada was tied for the second-highest percentage gain with… Read more »

Nevada Unemployment Hits 4.7% in June

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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 »