CARSON CITY, NV - According to the Nevada Department of Employment, Training and Rehabilitation’s May 2023 economic report, Nevada added about 1,500 jobs over the month and saw its labor force grow by about 4,000 people. The unemployment rate in the state, however, was unchanged at a figure of 5.4 percent.
That 5.4% rate is the highest in the nation.
“This month, Nevada's labor market continues to follow the same pattern as recent months, with both strong employment growth and unemployment that is higher than other states.” Said David Schmidt, Chief Economist.
Las Vegas employment increased by 1,400 jobs (0.1%) since April, an increase of 49,200 jobs (4.6%) since May 2022.
Reno employment had a decrease of 500 jobs (-0.2%) since April, an increase of 8,700 jobs (3.3%) since May 2022.
Carson City employment had an increase of 100 jobs (0.3%) since April, an increase of 1,500 jobs (4.9%) since May 2022.