Posts Tagged: unemployment

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 »

Strong Job Growth, Weak Wage Gains in June

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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

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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 »

Nevada Unemployment Steady, Trust Fund Hits Record

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Nevada’s Unemployment Insurance (UI) Trust Fund ended the first quarter with a record balance of $1.3 billion. The number of employers in Nevada’s UI system also reached an all-time high of 70,600 in the first quarter of 2018, according to the Department of Employment, Training and Rehabilitation’s (DETR) April 2018 economic report. These are positive indicators for… Read more »

Unemployment Steady as Nevada Gains 3,500 jobs in March

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According to the Department of Employment, Training and Rehabilitation’s (DETR) March 2018 economic report, Nevada added 3,500 jobs bringing employment in the state of Nevada to a record high of 1,373,700. That’s an increase of 36,600 unadjusted jobs (2.8%) over the year. The private sector drove most of the March job growth – Construction is… Read more »