CARSON CITY, NV - June 16, 2022
Hi all -
Passing along a press release from DETR this morning in case you missed it.
STATE & METRO AREA PRESS RELEASE
For Immediate Release
June 16, 2022
Nevada adds jobs in May; manufacturing employment in Reno area reaches 30,000
CARSON CITY, NV - According to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) May 2022 economic report, Nevada added 2,600 jobs over the month. Employment is up 96,300 since May 2021, an annual increase of 7.1%. The total employment level in the state is 1,446,600. The state’s unemployment rate in May is 4.9 percent, down 0.1 percentage point from 5.0 percent in April and down 2.9 percentage points when compared to May 2021.
“I’m pleased to see that Nevadans are continuing to find work and that the employment figures reflect a growing diversity of businesses in the state. We remain committed to helping Nevada’s workers and employers connect to keep building a more resilient state,” said Governor Steve Sisolak.
Metropolitan Statistical Area (MSA) Employment (Seasonally Adjusted):
- Las Vegas employment increased by 4,800 jobs (0.5%) since April and an increase of 86,100 jobs (8.9%) since May 2021.
- Reno employment had an increase of 800 jobs (0.3%) since April and an increase of 10,300 jobs (4.2%) since May 2021.
- Carson City employment had a decrease of 200 jobs (-0.6%) since April and an increase of 1,100 jobs (3.6%) since May 2021.
“This report reflects Nevada’s ongoing transition from a recovery mode to economic expansion. Most industries in the state and metropolitan areas now have more jobs than before the pandemic. For the first time, employment in the manufacturing industry in the Reno area has reached 30,000 jobs, up more than 14 percent compared to before the pandemic. The unemployment rate fell slightly, and the share of the population working or looking for work rose slightly to 60 percent,” said David Schmidt, Chief Economist.
To see additional labor market data view the department’s employment and unemployment dashboards located at www.nevadaworkforce.com.
ABOUT THE RESEARCH AND ANALYSIS BUREAU:
The Research and Analysis Bureau is Nevada’s premier source for labor market information. A part of DETR, the Bureau is responsible for creating, analyzing, and reporting Nevada’s labor market information, in cooperation with the United States Bureau of Labor Statistics (BLS).
Visit us http://www.nevadaworkforce.com and Follow us on Twitter: https://twitter.com/detrnevada