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Nevada Job Growth vs. Year Ago Using a 12-month average through
60,000 5.0%
September of this year over the same
55,000
time last year, the manufacturing indus-
50,000
4.0% try experienced the fastest growth rate
45,000
of any industry, up 11.4 percent, after
annual percent change
40,000
3.0%
35,000
dustry is growing by 11.3 percent and
30,000
has added 9,900 jobs when compared
25,000 2.0% to the same period last year. The pro-
20,000
fessional and business services indus-
15,000
1.0% try has added the most jobs, with a gain
10,000
of 12,800 or 6.9 percent. Leisure and
5,000
hospitality grew by 1.5 percent and
0 0.0%
O N D J F M A M J J A S O N D J F M A M J J A S added 5,200 jobs. Using a 12-month
'18 '19 average through September 2019 over
jobs pct. change Figure 2
the same period last year, all industries
500 E. Third St. ● Carson City, Nevada 89713 ● (775) 684-0450 ● Fax (775) 684-0342
www.detr.nv.gov
Nevada Nonfarm Job Growth by Industry
come in Nevada reached $50,675
and was 90 percent of the national
Professional & Business Services
level of $56,541.
Construction
$44,000
ures: 4 & 5)
$41,000
10%
its geographic components are
contiguous. This month we ana- 8%
lyze the ASU’s within Nevada’s
northern and southern counties. 6%
their low LFPR. Those 55 years old Nevada UR Nevada LTUR National UR National LTUR
and over (55+), start entering retire- Figure 12
the LFPR of older Americans. With
Unemployment Rate by Race
18% Nevada having a large share of el-
derly population, the specified be-
16%
havioral and demographic shifts in
14%
the nation is most likely having a
12% similar positive effect on the LFPR
10% in the Silver State.
8%
Information from the monthly CPS
6%
also enables the analysis of the
4% long-term unemployment rate
2% (LTUR) by industry. The LTUR is
0%
defined as being unemployed for
'14 '15 '16 '17 '18 '19 27 weeks or more. This month we
White UR
American Indian & Alaskan Native UR
Black UR
Asian UR
analyze the LTUR in Nevada in
Hawaiian & Pacific Islander UR Nevada UR
Figure 13
both the goods producing and ser-
vice providing industries. (Refer to
for a job in the 55+ age group. Figure: 12)
Recent data also shows another behavioral From 1999 through the end of 2008 the LTUR
shift occurring in the 55+ age group. When in Nevada averaged 0.6 percent, and the un-
responding to labor surveys, less people in employment rate averaged 4.3 percent. In
the 55+ are claiming disability or illness as August 2019, the LTUR for the State was 0.8
their reason for not participating in the labor percent unchanged from August 2018. The
force and are more are selecting retirement. unemployment rate for the State was 4.4
In the second quarter of 2014, 8.6 percent percent in August 2018 decreasing to four
claimed disability or illness as their reason percent in 2019.
for nonparticipation and in second quarter of
2019 only 8.1 percent did. It is important to For the nation the average over the period
note that people in 55+ age group are not from 1999 through the end of 2008 was 0.9
less sick or disabled than they were in the percent for the LTUR, and 4.6 percent for
past but rather they are claiming re-
tirement as their reason for nonpar-
ticipation and not disability or illness. Hispanic & Non-Hispanic Unemployment Rate
18%
This behavioral shift may have a
positive effect on the LPFR moving 16%
forward if more people are classify- 14%
ing themselves as retired in the 55+
age group and are likely to return to 12%
the labor force. 10%
10,000
Nevada Job Connect offers em-
ployment services including help 5,000
with job searches, resume prepa-
ration, interview skills, resource 0
'12 '13 '14 '15 '16 '17 '18 '19
centers, skills assessment, profi- Job Postings 12-Month Moving Average Figure: 18
ciency testing, and training for a
new job. Their website has more
information at http://www.nevadajobconnect.
com/. Additional resources and information is
provided by Nevada’s Employment Security
Division available at www.employnv.gov.
1
Online job postings are obtained through DETR’s Silver State Solutions ini-
tiative. Online job posting volume does not necessarily correlate with the lev-
el of job openings or hiring. Internal company hiring and union hiring are of-
ten not captured by online ads. High ad volume often occurs for occupations/
industries that are having difficulty finding qualified candidates, high turnover
positions/recurring openings, or when companies are building large candi-
date pools. Online job postings should only be used with caution when devel-
oping/analyzing time series trends due to the constant changes in the rate of
online advertising usage and in the methods used for collecting the data.
2
Not all job ads specify whether the advertised position is full-time or part-time.
Prepared by the Research and Analysis Bureau with contributions from: Alex Capello, Jason Gor-
tari, Jeremey Hays, Michael La Rue, Dionny McDonnell, Christopher Robison, Dave Schmidt, Marianne Segurson, Tim Wilcox
This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration. The product was created by the
recipient and does not necessarily reflect the official position of the U.S. Department of Labor. The U.S. Department of Labor makes no guarantees, warranties, or assur-
ances of any kind, express or implied, with respect to such information, including any information on linked sites and including, but not limited to, accuracy of the informa-
tion or its completeness, timeliness, usefulness, adequacy, continued availability, or ownership. This product is copyrighted by the institution that created it. Internal use
by an organization and/or personal use by an individual for non-commercial purposes is permissible. All other uses require the prior authorization of the copyright owner.
NEVADA
Employment &
Unemployment
September 2019
Employment Growth
M/M Y/Y Y/Y%
Nevada 6.0 45.2 3.2%
(Seasonally Adjusted)
Unemployment Rates:
Nevada Statewide 4.1%
(Seasonally Adjusted)
Seasonally Adjusted
LABOR FORCE 1545.6 1511.1 34.5 2.3% 1539.8
EMPLOYMENT 1482.4 1443.7 38.6 2.7% 1476.5
UNEMPLOYMENT 63.2 67.3 -4.1 -6.1% 63.3
UNEMPLOYMENT RATE 4.1% 4.5% ------ ------ 4.1%
Non-Seasonally Adjusted
LABOR FORCE 1559.2 1511.3 47.9 3.2% 1551.9
EMPLOYMENT 1500.1 1443.7 56.4 3.9% 1486.6
UNEMPLOYMENT 59.1 67.6 -8.5 -12.6% 65.3
UNEMPLOYMENT RATE 3.8% 4.5% ------ ------ 4.2%
NEVADA NSA**
LABOR FORCE 1517.9 1524.6 1516.8 1521.1 1534.9 1544.5 1552.3 1551.9 1559.2 1535.9
EMPLOYMENT 1447.9 1461.4 1461.0 1466.1 1476.0 1475.2 1482.9 1486.6 1500.1 1473.0
UNEMPLOYMENT 70.0 63.2 55.8 55.0 58.9 69.3 69.4 65.3 59.1 62.9
UNEMPLOYMENT RATE 4.6% 4.1% 3.7% 3.6% 3.8% 4.5% 4.5% 4.2% 3.8% 4.1%
Note: Unemployment rates are based on unrounded data. Sep-19
Employment adjusted by census relationships to reflect number of persons by place of residence.
*Seasonally Adjusted
**Non-Seasonally Adjusted