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Archive for February, 2019

Retail hiring in Vegas climbs

Saturday, February 9th, 2019

Several more retail jobs in Vegas have been added, according to recent labor surveys.

Nevada added 6,300 jobs over the month and 52,400 jobs over the year, according to the state Department of Employment, Training and Rehabilitation’s (DETR) December 2018 economic report. The 52,400 jobs over last year was the second largest annual increase in over 12 years, only behind last month’s numbers which were revised up by 700 jobs.

Additional December Report Highlights:

• Total employment rose by 3.9% over the year, at the high end of the range seen over the last year (2.8 – 3.9%), and more than double the current U.S. growth rate (1.8%).

• In 2018, holiday-related seasonal employment realized the addition of 12,500 jobs, the second largest on record. • Retail holiday hiring last month was the highest for any December since 2007.

• Information for the third quarter of 2018 shows personal income in Nevada reached $147 billion, up 5.6 percent from a year ago. Nevada’s year-over-year growth is the 3rd strongest in the U.S.

• From the first quarter of 2017 to the second quarter of 2018, there has been an increase of nearly 1,900 (2.4%) private sector establishments.

• Estimates show Nevada’s population at 3.03 million in 2018, up from 2.97 million in 2017, an increase of 61,990. This translates into a 2.08 percent gain, the strongest population growth in the nation.

• December 2018: Nevada veteran unemployment rate is 3.6 percent, down from 4.9 percent a year ago.

• The Nevada veteran unemployment rate in December 2018 was 3.6 percent decreasing from 4.9 percent