Nevada adds jobs in November; Unemployment rate falls
CARSON CITY, NV - Nevada added 2,600 jobs over the month as the state continues to recover from the COVID pandemic, according to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) November 2021 economic report. Employment remains below typical levels, but is up 94,100 since November 2020, an annual increase of 7.4 percent. The large increase in employment over the year reflects the significant effects of the pandemic over the last year. The total employment level in the state is 1,367,500. The state’s unemployment rate in November is 6.8 percent, down from 7.2 percent in October and decreased by 1.9 percentage points when compared to November 2020.“As we near the end of the year, I am encouraged to see the ongoing growth in employment and declines in unemployment. Nevada has now recovered more jobs than at the same point in the Great Recession, another sign that Nevada’s economy is resilient and continues to come back,” said Governor Sisolak. “As we look to the new year, we will continue to focus on helping Nevada’s employers provide good jobs for Nevada families.”
Metropolitan Statistical Area (MSA) Employment (Seasonally Adjusted):o Las Vegas employment increased by 1,700 jobs (0.2%) since October, an increase of 75,600 jobs (8.4%) since November 2020.o Reno employment had a decrease of 1,300 jobs (-0.5%) since October, an increase of 9,500 jobs (4.0%) since November 2020.o Carson City employment had an increase of 200 jobs (0.6%) since October, an increase of 1,500 jobs (5.1%) since November 2020.“November's report shows Nevada's ongoing recovery from the COVID recession. Nevada's job growth over the month was slower than in recent months and remains at roughly 95 percent of prerecession employment. The unemployment rate saw more significant improvement, falling by 0.4 percentage points, the largest decline so far this year,” said David Schmidt, Chief Economist.
To see additional labor market data view the department’s employment and unemployment dashboards located at www.nevadaworkforce.com.
Metropolitan Statistical Area (MSA) Employment (Seasonally Adjusted):o Las Vegas employment increased by 1,700 jobs (0.2%) since October, an increase of 75,600 jobs (8.4%) since November 2020.o Reno employment had a decrease of 1,300 jobs (-0.5%) since October, an increase of 9,500 jobs (4.0%) since November 2020.o Carson City employment had an increase of 200 jobs (0.6%) since October, an increase of 1,500 jobs (5.1%) since November 2020.“November's report shows Nevada's ongoing recovery from the COVID recession. Nevada's job growth over the month was slower than in recent months and remains at roughly 95 percent of prerecession employment. The unemployment rate saw more significant improvement, falling by 0.4 percentage points, the largest decline so far this year,” said David Schmidt, Chief Economist.
To see additional labor market data view the department’s employment and unemployment dashboards located at www.nevadaworkforce.com.
Ready for reliable and friendly service in a towing company? Combined with competitive rates? Call Force 1 Towing and Auto Body in Catasauqua at 610-266-6721