Executive Summary
Employment
- The total employment level in the state is 1,454,100.
- Nevada added back 9,100 jobs over the month but is up by 91,900 since June 2021, an annual increase of 6.7%.
- Las Vegas employment increased by 7,300 jobs (0.7%) since May 2022 and saw an increase of 76,500 jobs (7.8%) since June 2021.
- Reno employment had a increase of 1000 jobs (0.4%) since May 2022 and saw an increase of 10,400 jobs (4.2%) since June 2021.
- Carson City employment remained unchanged -since May 2022 and saw an increase of 1,200 jobs (4.0%) since June 2021.
- The state has the highest over-the-year employment growth rate ranking in the U.S. at 6.8 percent.
Unemployment
- The state’s unemployment rate in August is 4.4 percent, unchanged from July 2022 and down 1.6 percentage points when compared to August 2021.
- The unemployment rates were 5.7 percent in the Las Vegas metro area, 3.5 percent in Reno, and 3.8 percent in the Carson area in August 2022.
- The state has the sixth highest unemployment rate ranking in the U.S with the District of Columbia,New York,Alaska,Delaware, and Illinois having higher unemployment rates.
- In Nevada’s counties, the lowest unemployment rate was in Lander County at 3.1 percent, and Nye County had the highest rate at 5.9 percent.
- All but six counties’ unemployment rates declined significantly over the year with Clark County leading the way, down 2.0 percent.
- As of August 2022, veterans in Nevada have an unemployment rate of 4.6 percent (expressed as a 12-month moving average).
- As of August 2022, the unemployment rate for people with disabilities in the Silver State is 13.0 percent (expressed as a 12-month moving average).
Unemployment Insurance
- In August, 9,272 initial claims for unemployment insurance were filed in Nevada, a decrease of 532 claims, or 5.4 percent, from July when there were claims.
- The number of regular program weeks claimed and compensated increased from July, resulting in $22.6 million in benefit payments, an increase of 29.4 percent from the previous month.
- Nevada’s Unemployment Insurance Trust Fund balance stood at 816,101,482 as of August 31, 2022. This compares to April 2021 when the balance was 10,746,000.
Visitor Volumes/Taxable Sales/Gaming Win
- The Reno area received 354,736 visitors in August 2022.
- The Las Vegas area received 3,190,600 visitors in August 2022.
- Gaming win in Nevada was $1,208,504,956 in August 2022.
- Taxable sales in Nevada were $6,938,504,946 in July 2022.
Current Employment Overview
In August 2022, the state has seemingly recovered from the Covid-19 pandemic. The state’s current employment level of 1,459,500 is roughly 100.7 percent of its previous peak level realized in February 2020. The state has recovered 349,000 jobs or roughly 102.9 percent of the jobs lost during the pandemic. The monthly decrease of 3900 jobs ends a streak of 26 consecutive months of month over month increases with the average gain being 13,780 over that time. Of the major industries or supersectors, three of them have more than recovered from the pandemic with trade, transportation, and utilities having exceeded it’s pre-pandemic high by 21,700 jobs.
Seasonally Adjusted Recent Peak v Current Employment Levels
Aug-22 | Value | Recent Peak | Peak Date | Peak-Current | % Recovered | Recent High |
---|---|---|---|---|---|---|
Total nonfarm | 1,471.8 | 1,454.1 | Jun-22 | 17.7 | 101.2% | 1,471.8 |
Mining and logging | 14.7 | 15.2 | Nov-20 | -0.5 | 96.7% | 14.7 |
Construction | 103.6 | 101.4 | Jun-22 | 2.2 | 102.2% | 103.6 |
Manufacturing | 67.3 | 65.6 | Jun-22 | 1.7 | 102.6% | 67.3 |
Durable goods | 45.4 | 43.9 | Jun-22 | 1.5 | 103.4% | 45.4 |
Nondurable goods | 21.9 | 21.7 | NA | 0.2 | 100.9% | 21.9 |
Trade, transportation, and utilities | 293.3 | 293.2 | Jun-22 | 0.1 | 100.0% | 294.0 |
Wholesale Trade | 39.7 | 39.8 | NA | -0.1 | 99.7% | 39.7 |
Retail trade | 153.5 | 155.3 | Apr-22 | -1.8 | 98.8% | 154.9 |
Transportation, Warehousing, and Utilities | 100.1 | 98.3 | Jun-22 | 1.8 | 101.8% | 100.5 |
Information | 15.3 | 16.3 | May-18 | -1.0 | 93.9% | 15.7 |
Financial activities | 72.5 | 73.9 | Jun-22 | -1.4 | 98.1% | 73.6 |
Finance and insurance | 42.8 | 44.1 | NA | -1.3 | 97.1% | 43.7 |
Real estate and rental and leasing | 29.7 | 30.4 | Jun-22 | -0.7 | 97.7% | 29.9 |
Professional and business services | 204.3 | 206.2 | NA | -1.9 | 99.1% | 204.3 |
Professional and business services | 204.3 | 206.2 | Jun-22 | -1.9 | 99.1% | 204.3 |
Professional and technical services | 69.0 | 69.4 | Jun-22 | -0.4 | 99.4% | 69.8 |
Management of companies and enterprises | 27.8 | 28.2 | Dec-19 | -0.4 | 98.6% | 27.8 |
Administrative and waste services | 107.5 | 111.7 | Dec-19 | -4.2 | 96.2% | 107.5 |
Education and health services | 159.2 | 154.7 | Jun-22 | 4.5 | 102.9% | 159.2 |
Educational services | 14.2 | 14.0 | Oct-21 | 0.2 | 101.4% | 14.5 |
Educational services | 14.2 | 14.0 | NA | 0.2 | 101.4% | 14.5 |
Health care and social assistance | 145.0 | 140.8 | Jun-22 | 4.2 | 103.0% | 145.0 |
Leisure and hospitality | 342.2 | 361.7 | Feb-20 | -19.5 | 94.6% | 342.2 |
Arts, entertainment, and recreation | 34.8 | 35.9 | Jan-20 | -1.1 | 96.9% | 34.8 |
Accommodation and food services | 307.4 | 327.3 | NA | -19.9 | 93.9% | 307.4 |
Accommodation and food services | 307.4 | 327.3 | Mar-19 | -19.9 | 93.9% | 307.4 |
Other services | 38.1 | 43.4 | Feb-20 | -5.3 | 87.8% | 38.3 |
Government | 161.3 | 167.9 | Mar-20 | -6.6 | 96.1% | 162.9 |
Federal | 21.2 | 23.0 | Aug-20 | -1.8 | 92.2% | 21.3 |
State government | 38.4 | 42.6 | Aug-17 | -4.2 | 90.1% | 38.8 |
Local government | 101.7 | 106.4 | Mar-20 | -4.7 | 95.6% | 102.9 |
Current Employment Statisitics Data | ||||||
Recent High: April 2020-Current | Recent Peak: Jan 2017 - March 2020. | ||||||
Information compiled by DETR's Research & Analysis Bureau |
Current Unemployment Overview
The state’s June 2022 unemployment rate decreased by 0.2 percentage point from May’s revised level. The national rate was unchanged over this time, leaving the gap between Nevada and the United States at 1.1 percentage points. The state’s unemployment rate has dropped 23.8 percent since April 2020. In February 2020, the month before the virus outbreak, the Las Vegas MSA’s jobless rate was just 3.5 percent.
Las Vegas’ share of unemployed workers remained relatively high despite a notable bump in tourism according to the Las Vegas Convention and Visitor’s Authority. Las Vegas’ unemployment rate decreased by 0.5 percentage points from May 2022, but was still dramatically lower than its sky-high 31.1 percent jobless rate in April 2020.
Unemployment rates were lower in June in 28 states and the District of Columbia, stable in 16 states, and increased in 7 states, the U.S. Bureau of Labor Statistics reported today. Every state and the District had jobless rate decrease from a year earlier with an average decrease of 1.7 percentage points.
Unemployment History and Rankings
According to the BLS, Nonfarm payroll employment increased in 41 states and the District of Columbia, and decreased in 9 states in June 2022. The largest job gains occurred in Texas (+91,700), Florida (+45,700), and California (+37,300). The largest percentage increase occurred in Tennessee (+1.0 percent), followed by Montana (0.9 percent) and North Dakota (0.7 percent) . Employment decreased in West Virginia (-8,100, or -1.1 percent) and Alaska (-2,800, or -0.9 percent).
On an annual basis, the greatest employment increased were realized in California (+868,000), Texas (+787,900), and Florida (+468,700). On a percentage basis, the greatest increases were in Nevada (6.8 percent), Texas (6.2 percent), and Georgia (5.3 percent).
Transportation and Warehousing
The transportation and warehousing sector has long been one of Nevada’s most vital and important sectors. With the lack of an inventory tax and a strategic location for goods both going to California and leaving that state. From 2018 to present, this sector has averaged a 5.8 share of total employment statewide with that share increasing from 5.1 percent in first quarter of 2018 to 6.7 percent in first quarter of 2022.
The tranpsortation and warehousing sector is comprised of all industries whose NAICS start with 48 or 49. Some well known industries that fall under this larger grouping are Scheduled Air Transporation (4811), Rail Transportation (4821), General Freight Trucking (4842), Urban Transit Systems (4851), Postal Service (4911), Couriers and Express Delivery Services (4921), and Warehousing and Storage (4931).
Transportation and Warehousing in the Silver state has seen consistent and steady growth since 2010. Rising from just under 50,000 to its current level of 95,300 for a growth rate of 92.1 percent. This compares to the growth rate of total all industries of 28.9 percent.
Wages
The average weekly wage in this industry stands at $1169 as of first quarter of 2022. This represents an increase of /$369 since first quarter of 2010 or roughly 46 percent. Wages across all industries have risen by 42.5 percent.
Over the period, first quarter of 2010 to first quarter of 2022, sixteen of the seventeen counties in Nevada saw an increase in the average weekly wage in this industry with Eureka County being the exception. The average increase over this time was $333.3 Of those who saw an increase in the average weekly wage, the largest actual increase was realized in Lincoln County at $501 per week. The largest percentage increase in the average weekly wage was in Esmeralda County at 116.2 percent.
How many firms are in this industry?
Just as employment and the average weekly wage have since consistent increases, so has the number of firms. The number of firms in transportation and warehousing has grown from 1,873 in first quarter of 2010 to its current level of 2,330. This represents an increase of 24.6 percent over this period.
Projected Employment in Transportation and Warehousing
The industry is projected to grow by 5,255 from 2020 to 2030. This represents a growth of 8% over the next ten years. This contrasts to the 19.7 percent increase that is expected across all industries. The majority of the projected growth,88 percent, in this industry is to occur in the Warehousing and Storage sector (NAICS 493)
Appendix: Data Tables and Summary Information
Nevada Employment Summary
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Nevada Seasonally Adjusted CES Sector Summary | ||||||
August 2022 | Monthly Change | Annual Change | Annual Growth Rate | Series Maximum | Percent of Employment | |
---|---|---|---|---|---|---|
Total nonfarm | 1,459,500 | −3,900 | 68,600 | 4.9% | 1,463,400 | 100.0% |
Super Sectors | ||||||
Mining and logging | 14,600 | 0 | −200 | −1.4% | 15,800 | 1.0% |
Construction | 103,100 | 0 | 4,700 | 4.8% | 146,400 | 7.1% |
Manufacturing | 66,700 | 600 | 5,200 | 8.5% | 66,700 | 4.6% |
Trade, transportation, and utilities | 294,000 | 1,400 | 16,800 | 6.1% | 294,000 | 20.1% |
Information | 15,700 | 0 | −200 | −1.3% | 21,400 | 1.1% |
Financial activities | 73,500 | −500 | 2,200 | 3.1% | 74,000 | 5.0% |
Professional and business services | 203,300 | −3,600 | 9,800 | 5.1% | 206,900 | 13.9% |
Education and health services | 156,500 | 1,400 | 6,700 | 4.5% | 156,500 | 10.7% |
Leisure and hospitality | 330,900 | −3,000 | 21,800 | 7.1% | 361,700 | 22.7% |
Other services | 38,300 | −700 | −2,000 | −5.0% | 43,400 | 2.6% |
Government | 162,900 | 500 | 3,800 | 2.4% | 167,900 | 11.2% |
Nevada Non-Seasonally Adjusted CES Sector Summary | ||||||
August 2022 | Monthly Change | Annual Change | Annual Growth Rate | Series Maximum | Percent of Employment | |
---|---|---|---|---|---|---|
Total nonfarm | 1,456,300 | −1,100 | 62,300 | 4.5% | 1,457,400 | 100.0% |
Super Sectors | ||||||
Mining and logging | 14,900 | 0 | 0 | 0.0% | 16,100 | 1.0% |
Construction | 104,900 | 700 | 5,500 | 5.5% | 148,800 | 7.2% |
Manufacturing | 66,900 | 300 | 5,400 | 8.8% | 66,900 | 4.6% |
Trade, transportation, and utilities | 290,700 | 1,300 | 14,500 | 5.2% | 294,600 | 20.0% |
Information | 15,700 | 0 | −400 | −2.5% | 21,500 | 1.1% |
Financial activities | 73,600 | −500 | 2,200 | 3.1% | 74,100 | 5.1% |
Professional and business services | 203,800 | −2,500 | 9,300 | 4.8% | 206,300 | 14.0% |
Education and health services | 155,900 | 2,200 | 6,300 | 4.2% | 155,900 | 10.7% |
Leisure and hospitality | 335,700 | −4,400 | 18,200 | 5.7% | 360,400 | 23.1% |
Other services | 38,500 | −900 | −2,200 | −5.4% | 42,700 | 2.6% |
Government | 155,700 | 2,700 | 3,500 | 2.3% | 171,000 | 10.7% |
For more information visit our CES Page1, see the summary tables at the end of the document, or check out our industry dashboard2.
Nevada Unemployment Summary
Nevada Seasonally Adjusted LAUS Summary | ||||
Labor Force | Unemployed Individuals | Employed Individuals | Unemployment Rate | |
---|---|---|---|---|
Current | 1,508,783 | 75,559 | 1,433,224 | 5.0 |
Change Previous Month | 5,573 | 54 | 5,519 | 0.0 |
Change Previous Year | −8,696 | −54,713 | 46,017 | −3.6 |
Maximum | 1,558,067 | 406,325 | 1,499,069 | 28.5 |
Nevada Non-Seasonally Adjusted LAUS Summary | ||||
Labor Force | Unemployed Individuals | Employed Individuals | Unemployment Rate | |
---|---|---|---|---|
Current | 1,567,301 | 81,653 | 1,485,648 | 5.2 |
Change Previous Month | 29,802 | 4,823 | 24,979 | 0.2 |
Change Previous Year | 67,264 | −19,580 | 86,844 | −1.5 |
Maximum | 1,567,301 | 384,461 | 1,512,122 | 27.5 |
Figures for our unemployment estimates come from the Local Area Unemployment Statistics (LAUS) program sponsored by the Bureau of Labor Statistics3. This program produces monthly and annual estimates for numerous economic indicators based on place of residence.
Las Vegas MSA Area Summary
Las Vegas Non-Seasonally Adjusted CES Sector Summary | ||||||
August 2022 | Monthly Change | Annual Change | Annual Growth Rate | Series Maximum | Percent of Employment | |
---|---|---|---|---|---|---|
Total nonfarm | 1,060,400 | −400 | 51,800 | 5.1% | 1,063,400 | 100.0% |
Super Sectors | ||||||
Mining and logging | 400 | 0 | 0 | 0.0% | 700 | 0.0% |
Construction | 75,800 | 800 | 5,100 | 7.2% | 112,000 | 7.1% |
Manufacturing | 29,200 | 300 | 3,300 | 12.7% | 29,200 | 2.8% |
Trade, transportation, and utilities | 208,400 | 1,200 | 12,900 | 6.6% | 210,900 | 19.7% |
Information | 11,500 | 0 | −300 | −2.5% | 15,700 | 1.1% |
Financial activities | 57,700 | −300 | 2,700 | 4.9% | 58,000 | 5.4% |
Professional and business services | 156,600 | −2,000 | 8,600 | 5.8% | 158,700 | 14.8% |
Education and health services | 113,900 | 1,700 | 3,900 | 3.5% | 113,900 | 10.7% |
Leisure and hospitality | 276,600 | −4,600 | 15,400 | 5.9% | 297,300 | 26.1% |
Other services | 28,600 | −600 | −900 | −3.1% | 32,900 | 2.7% |
Government | 101,700 | 3,100 | 1,100 | 1.1% | 111,200 | 9.6% |
Las Vegas Non-Seasonally Adjusted LAUS Summary | ||||
Labor Force | Unemployed Individuals | Employed Individuals | Unemployment Rate | |
---|---|---|---|---|
Current | 1,155,735 | 66,386 | 1,089,349 | 5.7 |
Change Previous Month | 22,118 | 3,399 | 18,719 | 0.1 |
Change Previous Year | 51,420 | −18,289 | 69,709 | −2.0 |
Maximum | 1,155,735 | 321,394 | 1,110,825 | 31.1 |
Reno MSA Area Summary
Reno CES Sector Summary | ||||||
Current Employment | Monthly Change | Annual Change | Annual Growth Rate | Series Maximum | Percent of Employment | |
---|---|---|---|---|---|---|
Total nonfarm | 257,200 | 100 | 9,400 | 3.8% | 258,000 | 100.0% |
Super Sectors | ||||||
Mining and logging | 300 | 0 | 0 | 0.0% | 1,400 | 0.1% |
Construction | 21,800 | 0 | 1,300 | 6.3% | 25,500 | 8.5% |
Manufacturing | 30,300 | −300 | 2,600 | 9.4% | 30,600 | 11.8% |
Trade, transportation, and utilities | 57,500 | 0 | 1,600 | 2.9% | 58,900 | 22.4% |
Information | 3,000 | 0 | −100 | −3.2% | 3,800 | 1.2% |
Financial activities | 11,100 | −100 | −300 | −2.6% | 11,400 | 4.3% |
Professional and business services | 33,500 | −300 | 1,200 | 3.7% | 34,700 | 13.0% |
Education and health services | 28,800 | 300 | 1,500 | 5.5% | 28,800 | 11.2% |
Leisure and hospitality | 38,400 | 700 | 3,400 | 9.7% | 44,500 | 14.9% |
Other services | 6,500 | −200 | −800 | −11.0% | 7,400 | 2.5% |
Government | 26,000 | 0 | −1,000 | −3.7% | 32,000 | 10.1% |
Reno Non-Seasonally Adjusted LAUS Summary | ||||
Labor Force | Unemployed Individuals | Employed Individuals | Unemployment Rate | |
---|---|---|---|---|
Current | 261,820 | 9,051 | 252,769 | 3.5 |
Change Previous Month | 5,368 | 854 | 4,514 | 0.3 |
Change Previous Year | 11,984 | −1,147 | 13,131 | −0.6 |
Maximum | 262,415 | 41,615 | 253,298 | 18.2 |
Carson City MSA Area Summary
Carson City CES Sector Summary | ||||||
Current Employment | Monthly Change | Annual Change | Annual Growth Rate | Series Maximum | Percent of Employment | |
---|---|---|---|---|---|---|
Total nonfarm | 31,600 | 0 | 1,100 | 3.6% | 33,600 | 100.0% |
Super Sectors | ||||||
Manufacturing | 2,700 | 0 | 200 | 8.0% | 4,200 | 8.5% |
Trade, transportation, and utilities | 4,900 | 0 | 100 | 2.1% | 5,300 | 15.5% |
Professional and business services | 2,700 | 0 | 100 | 3.8% | 2,700 | 8.5% |
Leisure and hospitality | 3,900 | 0 | 400 | 11.4% | 4,500 | 12.3% |
Government | 8,600 | 0 | −300 | −3.4% | 10,900 | 27.2% |
Carson City Non-Seasonally Adjusted LAUS Summary | ||||
Labor Force | Unemployed Individuals | Employed Individuals | Unemployment Rate | |
---|---|---|---|---|
Current | 26,135 | 988 | 25,147 | 3.8 |
Change Previous Month | 406 | 70 | 336 | 0.2 |
Change Previous Year | 959 | −135 | 1,094 | −0.7 |
Maximum | 26,966 | 4,520 | 25,409 | 19.1 |
County Unemployment Rates
Demographics Data
In August 2022 the unemployment rate for women was 6.4 percent compared to the rate for men which was 5.4 percent.
In August 2022 the unemployment rates for hispanics, blacks, and whites were 4.7 percent, 11.6 percent, and 5.4 percent respectively.
The unemployment rates by different age groups in August 2022 were 54.2 percent for 16-24 year-olds, 5.5 percent for 25-34 year-olds, 5.2 percent for 35-44 year-olds, 2.9 percent for 44-54 year-olds, and 4.1 percent for 55 and up. A more comprehensive report on unemployment demographics by county can be found on nevadaworkforce.com4.
As of August 2022, veterans in Nevada have an unemployment rate of 4.6% (expressed as a 12-month moving average). This is down from 4.9% in July. In April 2020 the veteran unemployment rate was 4.8%. In comparison, the total unemployment rate is 5.3% this month (again, expressed as a 12-month moving average), down from 5.4% in July. In April 2020 the total unemployment rate was 6.3%.
People with Disabilities
Information from the monthly Current Population Survey (CPS), sponsored by the Census Bureau and the Bureau of Labor Statistics (BLS), allows us to analyze the unemployment rate of Nevadans with disabilities. Estimates for people with disabilities are available since 2009. Please note that, the CPS estimates in less populous states, are subject to rather large sampling error. Sampling error measures the variation that occurs by chance because a sample rather than the entire population is surveyed.
The unemployment rate of people with disabilities is a simple measure: the ratio of the people with disabilities who are unemployed relative to people with disabilities in the labor force (either as workers or job seekers). CPS classifies persons as having a disability if they have a physical, mental, or emotional conditions that cause serious difficulty with their daily activities.
In mid-2010 the unemployment rate for Nevadans with disabilities peaked at 24.9 percent (expressed as a 12-month moving average). Nationwide the rate peaked at 14.6 percent in late 2011. For the year ending August 2022, the unemployment rate for people with disabilities in the Silver State is 13.0 percent, this is down 11.9 percentage points from mid-2010. In the U.S. the rate stands at 8.3 percent, down 6.3 percentage points from late 2011.
Visitor Volumes
The Las Vegas area received 3,190,600 visitors in August 2022, August 2022. The Las Vegas Convention and Visitors Authority (LVCVA)5 compiles and distributes monthly LVCVA tourism data comes from several agencies including the LVCVA, McCarran International Airport, the Nevada Gaming Control Board and the NV Department of Transportation (NDOT).
The Reno area received 354,736 visitors in August 2022, August 2022. Reno-Sparks MSA visitor volume is provided by the Reno Sparks Convention and Visitors Authority (RSCVA)6. In addition, the RSCVA is a tax collection agency, responsible for the redistribution of public monies to various other governmental bodies.
Taxable Sales
Taxable sales in Nevada were $7,016,983,284 in August 2022. Taxable sales are provided by the Nevada Department of Taxation7.
R&A Dashboard: Taxable Sales by Area
Gaming Win
Gaming win in Nevada was $1,248,849,025 in September 2022. Gaming win data is provided by the Nevada Gaming Control Board8.
R&A Dashboard: Gaming Win by Area
Housing
Nevada House Price Growth | ||||||||||||
12-month % change in Freddie Mac House Price Index | ||||||||||||
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2011 | −7.2% | −7.9% | −9.0% | −10.6% | −12.0% | −12.7% | −12.5% | −11.4% | −10.2% | −9.2% | −8.7% | −8.4% |
2012 | −7.8% | −6.7% | −4.8% | −2.0% | 1.0% | 3.8% | 6.1% | 7.9% | 9.5% | 11.5% | 13.8% | 16.4% |
2013 | 19.6% | 22.4% | 24.5% | 26.0% | 26.9% | 27.2% | 27.1% | 27.0% | 26.8% | 26.4% | 25.7% | 24.5% |
2014 | 22.6% | 20.4% | 18.2% | 16.0% | 14.1% | 13.1% | 12.6% | 11.8% | 10.9% | 10.1% | 9.5% | 9.3% |
2015 | 9.2% | 9.1% | 9.0% | 9.2% | 9.7% | 9.8% | 9.6% | 9.6% | 9.9% | 10.2% | 10.3% | 10.2% |
2016 | 10.1% | 10.1% | 10.1% | 9.8% | 9.2% | 8.6% | 8.6% | 8.7% | 8.5% | 8.1% | 7.9% | 8.0% |
2017 | 8.2% | 8.3% | 8.4% | 8.6% | 9.1% | 9.7% | 10.1% | 10.5% | 10.9% | 11.6% | 12.3% | 12.8% |
2018 | 12.9% | 13.2% | 13.8% | 14.6% | 15.0% | 14.9% | 14.3% | 13.6% | 13.1% | 12.4% | 11.2% | 10.1% |
2019 | 9.4% | 8.7% | 7.6% | 6.4% | 5.5% | 4.7% | 4.0% | 3.6% | 3.2% | 3.1% | 3.3% | 3.7% |
2020 | 4.3% | 4.8% | 4.9% | 4.5% | 4.1% | 4.5% | 5.4% | 6.4% | 7.4% | 8.4% | 9.7% | 10.7% |
2021 | 11.1% | 11.8% | 13.5% | 16.2% | 19.2% | 21.7% | 23.4% | 24.5% | 25.1% | 25.3% | 25.2% | 25.2% |
2022 | 25.6% | 26.1% | 26.0% | 24.9% | 22.6% | 19.4% | 15.7% | 12.2% | 9.3% | NA | NA | NA |
Inflation
Consumer Price Index
Acknowledgements
Prepared by the Research and Analysis Bureau with contributions from: Jordan Ambrose, Bharman Gulati, Dionny McDonnell, Dave Schmidt, Marianne Segurson, and Tim Wilcox..
Special thanks to all the R and RStudio developers that built the packages to make this possible. Packages used in this report include tidyverse, tidyquant, readxl, cowplot, tigris, tidycensus, viridis, ggthemes, scales, data.table, RcppRoll, plotly, patchwork, knitr, ggforce, DT, and gt.
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 assurances 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 information 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.
CES Dashboard: http://nevadaworkforce.com/CES↩︎
Industry Dashboard: http://nvlmi.mt.gov/Portals/197/Dashboards/CES-Industry-Dashboard.html↩︎
Bureau of Labor Statistics LAUS program: https://www.bls.gov/lau/↩︎
Demographics Report: http://nevadaworkforce.com/Portals/197/Other%20Publications/Demographics%20Report/Current_Release.pdf↩︎
LVCVA: https://www.lvcva.com/↩︎
RSCVA: https://www.visitrenotahoe.com/event-venues/reno-sparks-convention-center/↩︎
Nevada Department of Taxation, Taxable Sales: https://tax.nv.gov/↩︎
Gaming Control Board, Gaming Win: https://gaming.nv.gov/index.aspx?page=172↩︎