10/27/2021

Nevada Unemployment Rate

  • 7.5% unemployment rate (seasonally adjusted) in September 2021, down 0.2 percentage point from August 2021.

  • Down from 13.0% in September 2020

Nevada vs. US Unmployment Rate

  • Gap of 2.7 percentage points between Nevada and US compares with .1 in January 2020

  • Nevada’s seasonally adjusted unemployment rate has exceeded that of the nation since July 2007.

Unemployment Insurance

Unemployment Insurance Activity

September 2021 Unemployment Insurance Activity
Measure September 2021 September 2020 % change August 2021 % change 12 month
average
Initial Claims 6,852 34,370 −80.1% 7,826 −12.4% 26,520
Weeks Claimed 134,593 735,190 −81.7% 146,315 −8.0% 287,920
Weeks Compensated 103,875 695,950 −85.1% 98,934 5.0% 235,490
Amount Compensated $32,798,884 $235,126,234 −86.1% $45,414,062 −27.8% $81,836,198
Weeks Compensated Total Unemployment 96,898 599,838 −83.8% 89,553 8.2% 184,039
Amount Compensated Total Unemployment $28,951,990 $215,053,592 −86.5% $40,364,136 −28.3% $69,118,221
First Payments 6,181 12,491 −50.5% 5,252 17.7% 11,956
Final Payments (Exhaustions) 4,069 54,520 −92.5% 5,238 −22.3% 11,939
Average Weekly Benefit $298.79 $358.52 −16.7% $450.73 −33.7% $377.93
Average Duration (in weeks) 15.39 14.74 4.4% 18.10 −15.0% 18.52
Exhaustion Rate 33.18% 94.54% −64.9% 41.19% −19.5% 46.14%
Source: ETA 5159

Unemployment Insurance Activity

Unemployment Insurance Activity

Unemployment Insurance Trust Fund

Current Employment Statistics

  • Total Employment of 1,349,300 in September 2021.

  • Nonfarm job levels up 84,100 or 6.6% over the year.

Current Employment Statistics

  • Annual employment change increased by 4.0% nationally while the Silver State saw a increase of 6.6% over the same time.

  • The 2.6 percentage point gap between Nevada and the US in September 2021 is in contrast to a trend that began in April 2020 and ended in March 2021 where national job growth outpaced that of the Silver State.

Current Employment Statistics

Current Employment Statistics

  • Total nonfarm employment increased by 6.6% over the year.

  • September represents the sixth month since April 2020 where job levels were above the previous year’s level.

Current Employment Statistics