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Archive for August, 2017

Automotive repair jobs in Vegas climb

Monday, August 7th, 2017

The newest labor data demonstrates how automotive repair jobs in Vegas are growing.

Nevada is once again at record-high employment in June, with a seasonally-adjusted gain of 10,600 jobs this month bringing total nonfarm employment to 1,342,100.

The seasonally-adjusted increase is a result of the State adding 9,800 jobs when 800 jobs were expected to be lost based upon historical trends.

The previously-reported decline of 6,500 jobs in May was additionally revised upward by 4,400 jobs, resulting in a seasonally-adjusted decline of just 2,100 last month. Coupled with this month’s gain, employment in the Silver State currently stands 230,600 higher than during the height of the recession.

Current employment, at 187,900 in June, is 16 percent higher than the pre-recession high seen in 2007. Other services, which includes sub-sectors such as automotive repair and maintenance, personal care, laundry services, etc., has also grown substantially, with current employment 13 percent higher than the pre-recession peak.

Trade/transportation/utilities and leisure/hospitality have also reached new record employment, surpassing their previous peaks by 11,600 and 6,600 jobs, respectively.

The largest year-to-date gains were found in professional and business services (+9,800 jobs), leisure and hospitality (+7,600), and construction (+7,500).

The growth in construction marks a ten percent increase over the first six months of last year. Information (-100) is the only sector to see a decline in employment year to date.

Administrative jobs in Vegas grow

Monday, August 7th, 2017

New labor data shows that administrative jobs in Vegas are growing.

The state continues to see strong job growth, steady unemployment rates, declining unemployment insurance claims, and increasing wages, small business jobs, and employer counts. Nevada is once again at record-high employment in June, with a seasonally-adjusted gain of 10,600 jobs this month bringing total employment to 1,342,100.

The seasonally-adjusted increase is a result of the State adding 9,800 jobs when 800 jobs were expected to be lost based upon historical trends.

Our previously-reported decline of 6,500 jobs in May was additionally revised upward by 4,400 jobs, resulting in a seasonally-adjusted decline of just 2,100 last month. Coupled with this month’s gain, employment in the Silver State currently stands 230,600 higher than during the height of the recession.

Professional and business services have grown the most over the recovery period, both in terms of jobs added and growth from the previous peak. This sector includes industries such as professional/scientific/technical services, management of companies, administrative support services, and employment services.

Current employment, at 187,900 in June, is 16 percent higher than the pre-recession high seen in 2007. Other services, which includes sub-sectors such as automotive repair and maintenance, personal care, laundry services, etc., has also grown substantially, with current employment 13 percent higher than the pre-recession peak. Trade/transportation/utilities and leisure/hospitality have also reached new record employment, surpassing their previous peaks by 11,600 and 6,600 jobs, respectively.