VegasJobs.com Local Jobs

 Employer: Log In | Register | Rates | Post a Job

 

Archive for May, 2019

Unemployment in Vegas drops

Wednesday, May 8th, 2019

New data shows that unemployment in Vegas has dropped.

Employment in Nevada increased by 1,700 jobs over the month and is up 47,200 over the year, according to the state Department of Employment, Training and Rehabilitation’s (DETR) March 2019 economic report.

The state’s unemployment rate in March declined over the month by 0.1 percentage point to 4.2 percent and is down half a percentage point when compared to last March.

“I am pleased to see that this month’s report highlights several positive employment measures, an encouraging economy for employers, a declining unemployment rate, and an increase in personal income,” Governor Steve Sisolak said. “As workforce outcomes continue to improve around the state, we must continue our efforts to ensure quality job opportunities for all Nevadans.”

Additional March Report Highlights:

Total employment rose by 3.4% over the year, in the middle of the range seen over the last year (2.9 – 4.1%), and more than double the current U.S. growth rate (1.7%).

The unemployment rate in Nevada dropped 0.1 percentage point over the month to 4.2 percent, the lowest rate since April 2007.

Initial claims for unemployment insurance benefits saw their first year-over-year uptick in fifteen months in March; rising by half a percent.

In March 2019, the Nevada and national long-term unemployment rate were approximately 0.8 percent. Additionally, both rates are returning to the historical rates that averaged 0.7 percent for Nevada and 0.9 percent for the nation from 1999 through 2008.

Healthcare jobs in Vegas climb

Wednesday, May 8th, 2019

As the economy grows, healthcare jobs in Vegas also continue to increase.

According to the Department of Employment, Training and Rehabilitation’s March 2019 statewide economic report, jobs increased by 3.4 percent, the fastest pace in the nation for the 6th consecutive month. In the state’s metropolitan areas (MSA), the Reno-Sparks area added jobs at a rate of 5.8 percent, while Las Vegas and Carson City grew by 2.8 and 3.3 percent respectively. All three areas grew faster than the national rate of 1.7 percent.

When compared to February, the only metropolitan area to lose jobs was Carson City with a decrease of 100 seasonally-adjusted jobs. The Las Vegas and Reno-Sparks areas had seasonally-adjusted increases of 1,700 jobs and 300 jobs in that period.

Additional March 2019 Economic Report Highlights:

Job Growth in March (Seasonally-Adjusted):

Las Vegas is up 1,700 jobs over the month and is up 27,500 over the year (2.8 percent).

Reno added 300 jobs over the month and 13,900 over the year (5.8 percent).

Carson City experienced a decrease of 100 jobs over the month, yet is up 1,000 jobs over the year (3.3 percent).

All 3 metro areas experienced faster employment growth than the Nation (up 1.7 percent)

Unemployment:

Las Vegas MSA: 3.8 percent; down 0.4 percentage point from February, and down 1.1 percentage points from a year ago.

Reno MSA: 3.1 percent; down 0.6 percentage point from February, down 0.9 percentage from this time last year.

Carson City MSA: 4.7 percent, down 0.6 percentage point from February, and down 1.4 percentage point from a year ago.

Las Vegas jobs grow

Wednesday, May 8th, 2019

More labor statistics are demonstrating how Las Vegas jobs are growing.

According to the Department of Employment, Training and Rehabilitation’s March 2019 statewide economic report, jobs increased by 3.4 percent, the fastest pace in the nation for the 6th consecutive month.

In the state’s metropolitan areas (MSA), the Reno-Sparks area added jobs at a rate of 5.8 percent, while Las Vegas and Carson City grew by 2.8 and 3.3 percent respectively.

All three areas grew faster than the national rate of 1.7 percent. When compared to February, the only metropolitan area to lose jobs was Carson City with a decrease of 100 seasonally-adjusted jobs.

The Las Vegas and Reno-Sparks areas had seasonally-adjusted increases of 1,700 jobs and 300 jobs in that period.

March’s report also shows unemployment down on a month-over-month and year-over-year basis within all the state’s metropolitan areas.

Decreases in unemployment ranged from 0.9 percent in the RenoSparks area to 1.4 percent in Carson City over the year, and between 0.4 percent in the Las Vegas area and 0.6 percent in both Carson City and Reno-Sparks areas on an over the month basis.

Unemployment also saw decreases in all 17 counties in Nevada on a year-over-year and month-over-month basis. Decreases in the counties over the year ranged from 0.1 percent in Lincoln to 1.4 percent in Carson City.

“This report shows an improving labor market around the state, with jobs rising faster than the nation in the state’s three metropolitan areas and unemployment declining in all seventeen counties over the year. Carson City did experience a seasonally-adjusted job loss over the month, while Las Vegas had the fastest rate of growth compared to February. Furthermore, unemployment in the Reno-Sparks area reached its lowest point in the last 19 years. Across the state, the labor market continues to be tight, with low unemployment and rapidly expanding job opportunities,” said David Schmidt, Chief Economist, for Nevada’s Department of Employment, Training & Rehabilitation.