Nevada unemployment rate unchanged in August


AdobeStock

Nevada’s seasonally adjusted unemployment rate in August was 4.4 percent — unchanged from July.
But that is significantly better than the 6 percent rate recorded in August 2021.
The non-seasonally adjusted rate — the “raw” rate — however, inched up two-tenths in August to 5.2 percent.
The problem area remains Clark County which is home to the vast majority of Nevada workers and remained at 5.7 percent.
A bit of good news, however, is that, for the first time since the onset of the pandemic, Clark County was not the highest jobless percentage in the state, but only because Nye County topped it at 5.9 percent.
Clark County continued to show recovery as more hospitality workers returned to their jobs.
After the pandemic shut down the hospitality and leisure industry in the Las Vegas area, unemployment topped out at 31 percent there.
The Carson City reporting area reported 3.8 percent of the labor force looking for work. That is actually up two-tenths from July, which translates to 986 people looking for work in the capital.
Reno’s jobless rate remains among the state’s lowest at 3.4 percent — 9,015 seeking work. That too is two-tenths higher than a month earlier.
The surrounding counties all reported slightly higher rates than Reno-Sparks. Churchill County was 3.8 percent and Storey County at 4.1 percent. Lyon County continued to struggle, reporting a 4.9 percent jobless rate in August.
Seasonally adjusted, Nevada’s total labor force was 1.52 million in August with 66,451 looking for work. Just under 1.1 million of those workers are in the Las Vegas Statistical Reporting Area and another 262,143 in the Reno reporting area and 26,246 in Carson City.
That leaves just 83,404 workers in the remaining 14 Nevada counties.

Comments

Use the comment form below to begin a discussion about this content.

Sign in to comment