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Manufacturing jobs in Vegas get a boost

December 5th, 2018

The number of manufacturing jobs in Vegas have grown, according to industry reports.

The state’s unemployment rate declined by 0.1 percentage point over the month, to 4.4 percent, in October 2018. This month the state’s unemployment rate is down half a percentage point over the year. Overall job growth is up 45,800 jobs and grew by 3.4 percent year-over-year. Nevada’s over the year job growth rate has remained at or over three percent since July of this year.

“Nevada’s job market continues to expand at a brisk pace, doubling the pace of national job gains over the past year which was near the high end of our recent trend. Employment expanded significantly across many industries including Construction, Professional & Business Services, and Manufacturing, and continued to drive down unemployment in the state.” said David Schmidt, Chief Economist for DETR.

Additional October Report Notes:

The Statewide unemployment rate fell by 0.1 points to 4.4% – the lowest since June 2007. This rate is 0.7 points above the U.S. rate in October (3.7%), and 0.6 points above Nevada’s all-time low unemployment rate (3.8%).

Total employment rose by 3.4% over the year, near the high end of the range seen over the last year (2.8 – 3.5%), and double the current U.S. growth rate (1.7%).

The construction industry’s year-to-date average employment growth continues to experience the largest nominal gains over the same period last year, increasing by 9,500 jobs or 11.4 percent, bringing total jobs in that industry to 92,900.

Manufacturing remains the fastest-growing industry, growing by 13.8% over the year.

Nevada’s Unemployment Trust Fund balance sits slightly in excess of $1.5 billion, another record level. This current balance could pay 5.2 years of benefits at the current payment rate ($5.5 million per week), or 1.2 years of benefits in a recession like the Great Recession.

Vegas construction jobs grow

December 5th, 2018

The number of Vegas construction jobs have grown, according to recent labor statistics.

The state’s unemployment rate declined by 0.1 percentage point over the month, to 4.4 percent, in October 2018. This month the state’s unemployment rate is down half a percentage point over the year. Overall job growth is up 45,800 jobs and grew by 3.4 percent year-over-year. Nevada’s over the year job growth rate has remained at or over three percent since July of this year.

Additional October Report Notes:

The Statewide unemployment rate fell by 0.1 points to 4.4% – the lowest since June 2007. This rate is 0.7 points above the U.S. rate in October (3.7%), and 0.6 points above Nevada’s all-time low unemployment rate (3.8%).

Total employment rose by 3.4% over the year, near the high end of the range seen over the last year (2.8 – 3.5%), and double the current U.S. growth rate (1.7%).

The construction industry’s year-to-date average employment growth continues to experience the largest nominal gains over the same period last year, increasing by 9,500 jobs or 11.4 percent, bringing total jobs in that industry to 92,900.

Manufacturing remains the fastest-growing industry, growing by 13.8% over the year.

Nevada’s Unemployment Trust Fund balance sits slightly in excess of $1.5 billion, another record level. This current balance could pay 5.2 years of benefits at the current payment rate ($5.5 million per week), or 1.2 years of benefits in a recession like the Great Recession.

Goodwill creates veterans jobs in Vegas

December 5th, 2018

Goodwill is starting a new program and creating more veterans jobs in Vegas.

Goodwill of Southern Nevada opened its third Career Center. The new center is located inside the Goodwill thrift store at 741 South Rainbow Dr. in Las Vegas and is the new home of Goodwill’s Veteran Integration Program. The new Career Center is supported by a $1.4 million grant from the U.S. Department of Labor’s Employment and Training Administration. The grant was awarded to Goodwill on October 1, 2018 specifically to serve transitioning military members and their families.

“We are proud to be a part of creating new opportunities for veterans seeking civilian employment in Southern Nevada,” said John Helderman, interim CEO for Goodwill of Southern Nevada. “In 2018 alone, Goodwill has helped nearly 1,400 veterans or their family members with employment services in the Las Vegas area.”

The Goodwill Veteran Integration Program helps equip veterans and military families with tools specifically designed to help them transition from military service to civilian employment, including dress etiquette, skills training, resume writing, interview preparation, job placement, and supportive services, such as assistance with clothing or transportation. The program also offers on-the-job training and, in some cases, will pay for occupational skills training. All Goodwill team members operating the new Career Center are veterans themselves, thus they are uniquely qualified to understand the challenges veterans face when transitioning out of the military. By providing veteran career coaches to assist with intensive case management, Goodwill works to help unemployed and underemployed veterans and their families overcome barriers to civilian employment in Southern Nevada.

“The Veteran Integration Program provides job seeking veterans and their families more than job training, it provides a full set of tools they need to support themselves,” said Helderman. “We are actively developing partnerships with local employers, which will enable Goodwill to connect a skilled veteran workforce with in-demand jobs.”

Templates focus on Vegas jobs

November 7th, 2018

New templates for background checks will help those hiring for Vegas jobs.

The Nevada Equal Rights Commission (NERC) will soon debut online templates to assist and educate Nevada public employers in complying with state law regarding conducting criminal history (background) checks on potential employees.

The templates will debut online on NERC’s webpage at www.nvdetr.org/nerc.htm in the upcoming week.

“We are pleased to be able to provide these online templates for Nevada public employers and in educating and assisting them in complying with state law,” said Kara Jenkins, Administrator for the Commission.

“The law does not require the use of these templates, but rather we hope they may be utilized as tools for all employers, both public and private employers.”

The state requires public employers (state, city, incorporated city or unincorporated town, town board, county and local level[s] of government) to ensure careful consideration and fairness to all qualified applicants (for classified and unclassified service) including those applicants that may have a criminal history or “record.”

Failure to do so may result in a NERC charge, investigation and settlement at employer’s expense. Additional guidance is available on NERC’s website.

Vegas administrative jobs grow

November 7th, 2018

A number of Vegas administrative jobs have grown, according to recent labor statistics.

The state’s unemployment rate remained unchanged in September by holding steady at 4.5 percent over the month, but is down 0.4 percentage point over the year.

Overall job growth is up 45,300 jobs and grew by 3.2 percent year-over-year.

Nevada’s over the year job growth rate has remained at or over three percent since July of this year, according to the state Department of Employment, Training and Rehabilitation’s (DETR) September 2018 economic report.

“The conditions of the State’s labor market continue to fare well. Job growth has been fairly consistent of late, and appears to be trending at about 40,000 new jobs, on an annualized basis. Initial claims for unemployment insurance continued to improve this month and are at the lowest levels they’ve been in two decades. Another positive indication of Nevada’s recovery that should be noted is the improvement in the long-term unemployment rate, which remained high well into the current expansion. The longterm rate is 0.8 percent and is back to levels consistent with a healthy labor market.” said David Schmidt, Chief Economist for DETR.

The Statewide unemployment rate at 4.5% remained unchanged from last month, but is down 0.4 percentage point over the year.

Unemployment in all age groups is on the downward trend and remains the lowest rate since July 2007.  Over the month, seasonally-adjusted employment grew by 2,800 jobs to 1,394,100.

The state added 43,500 jobs over the year (seasonally-adjusted), a gain of 3.2 percent.

Initial claims for unemployment insurance (UI) benefits decreased to 8,289, the lowest level for any month since 1998.

Vegas jobs climb

November 5th, 2018

New labor statistics bring news that Vegas jobs have climbed.

In Nevada, 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.

The state’s unemployment rate decreased by another 0.1 percent to 4.6 percent, the lowest level since August 2007.

“This month’s record numbers in job growth, number of employers in the state’s Unemployment Insurance System and Nevada’s Trust Fund balance at nearly $1.3 billion, is encouraging for our state and continues to strengthen Nevada’s economic standing,” said Governor Brian Sandoval. “Combined with a diminishing unemployment rate, the Silver State continues to build on our position for the future.”

Unemployment declined by 0.1 percentage point, the third decline seen so far this year.

The last time Nevada’s unemployment rate was this low was August, 2007.

July’s (seasonally-adjusted) over-the-month job gain of 9,500 was the largest over-the-month increase (next to July 2016) since the end of the recession.

The state added 46,000 jobs over the year (seasonally-adjusted).

Manufacturing employment has grown by 14% year to date.

Another record-high number of employers in Nevada’s unemployment insurance system, at 70,960 at the end of 2018’s 2nd Quarter.

Nevada’s Trust Fund balance is at nearly $1.3 billion at the end of the 2nd quarter.

Retailer hiring for customer service jobs in Vegas

October 9th, 2018

One company is ramping up for the holiday season and hiring for customer service jobs in Vegas.

Macy’s plans to hire approximately 80,000 seasonal colleagues for positions at its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide for the 2018 holiday season. Macy’s anticipates a strong and successful holiday shopping season.

Macy’s, Inc.’s 2018 seasonal hiring plan includes the following:

Approximately 23,500 of the 80,000 total seasonal positions will be based in direct-to-consumer fulfillment facilities that support sales generated by the company’s omnichannel business strategy.

This is an increase of 5,500 positions compared to 2017 to ensure customers receive the service and seamless omnichannel experience that they expect during this important time of year.

These positions are located in megacenters in Goodyear, AZ; Cheshire, CT; Tulsa, OK; Portland, TN; and Martinsburg, WV, as well as in product-specific fulfillment centers in Sacramento, CA; Stone Mountain, GA; Secaucus, NJ; and Joppa, MD.

Approximately 1,500 colleagues will be hired to interact with customers via telephone, email and online chat at customer service centers in Mason, OH; Clearwater, FL; and Tempe, AZ.

Approximately 1,000 people will be hired across the country to support the 92nd annual Macy’s Thanksgiving Day Parade, Santalands and other iconic holiday events.

 

Las Vegas jobs grow

October 4th, 2018

The number of Las Vegas jobs are growing year over year, according to recent labor statistics.

Statewide, jobs increased by 3.3 percent, which correlates to 44,800 new jobs added since August of last year. The largest over the month job gain in the metropolitan statistical areas (MSAs) was realized in Reno, at 700. Las Vegas saw a slight reduction in jobs over the month while Carson City remained unchanged and in line with seasonal expectations.

“In August, Las Vegas saw a small decline in employment losing 500 jobs over the month, likely due to a statistical correction following July’s very large gain of 10,300 jobs. Despite the slight reduction in employment in Las Vegas and minor upticks in the Reno and Las Vegas unemployment rates over the month, metro area economic indicators continue to follow positive Statewide trends over the year. Wages and employment have increased and unemployment rates have decreased since this same time last year in the Silver State’s MSA’s which reflects positive signs of growth and diversification in those areas,” said David Schmidt, Chief Economist, for Nevada’s Department of Employment, Training & Rehabilitation.

Additional August 2018 Economic Report Highlights:

Job Growth in August (Seasonally-Adjusted): o Las Vegas lost 500 jobs over the month but is up 32,300 over the year (3.3 percent).

o Reno added 700 jobs over the month and 9,100 over the year (3.9 percent), adding jobs at a faster rate that the State as a whole (3.3 percent).
o Carson City remained unchanged from July but is up 700 jobs over the year (2.3 percent).

Unemployment:

o Las Vegas: 4.9 percent; up 0.2 percentage point from July, and down 0.4 percentage point from a year ago.

o Reno: 3.7 percent, up 0.1 percentage point from July; down 0.3 percentage from this time last year.

o Carson City: 4.3 percent, unchanged from July; down 0.2 percentage point from a year ago.

Manufacturing jobs in Vegas may be climbing

October 4th, 2018

The number of manufacturing jobs in Vegas may be increasing, according to recent labor statistics.

The state’s unemployment rate decreased by another 0.1 percentage point in August 2018 to 4.5 percent, the lowest rate seen since July 2007. Overall job growth is up 44,800 jobs and grew by 3.3 percent year-over-year.

The last time Nevada experienced a stronger over the year growth rate was in June 2017, according to the state Department of Employment, Training and Rehabilitation’s (DETR) August 2018 economic report.

Additional August Economic Report Notes:

The Statewide unemployment rate declined by 0.1 percentage point over the month, the fourth decline seen so far this year.

Unemployment in all age groups is on the downward trend.

Over the month, seasonally-adjusted employment grew by 1,200 jobs to 1,389,400.

The state added 44,800 jobs over the year (seasonally-adjusted).

As of August 2018, Nevadans employed full-time totaled 1,128,760 representing a new all-time high. This is up from 1,036,030 a year ago.

The manufacturing industry’s year-to-date average employment growth is experiencing record highs and is up 14 percent (6,500 jobs) over the same period last year.

Transportation jobs in Vegas grow

September 9th, 2018

A number of transportation jobs in Vegas have been added, according to recent labor statistics.

Payroll employment increased by 201,000 in August, and the unemployment rate was unchanged at 3.9 percent, the U.S. Bureau of Labor Statistics reported. Job gains occurred in professional and business services, health care, wholesale trade, transportation and warehousing, and mining.

Payroll employment increased by 201,000 in August, in line with the average monthly gain of 196,000 over the prior 12 months. Over the month, employment increased in professional and business services, health care, wholesale trade, transportation and warehousing, and mining.

In August, health care employment rose by 33,000, with job gains in ambulatory health care services (+21,000) and hospitals (+8,000).

Health care has added 301,000 jobs over the year. Wholesale trade employment increased by 22,000 in August and by 99,000 over the year.

Durable goods wholesalers added 14,000 jobs over the month and accounted for about two-thirds of the over-the-year job gain in wholesale trade. Employment in transportation and warehousing rose by 20,000 in August and by 173,000 over the past 12 months.

Within the industry, couriers and messengers added 4,000 jobs in August. Mining employment increased by 6,000 in August, after showing little change in July. Since a recent trough in October 2016, the industry has added 104,000 jobs, almost entirely in support activities for mining.

Employment in construction continued to trend up in August (+23,000) and has increased by 297,000 over the year. Manufacturing employment changed little in August (-3,000).

Over the year, employment in the industry was up by 254,000, with more than three-fourths of the gain in the durable goods component. Employment showed little change over the month in other major industries, including retail trade, information, financial activities, leisure and hospitality, and government.