Nevada jobless rate dips to 5.1 percent
March 16, 2017
Nevada's jobless rate finished January at 5 percent seasonally adjusted and 5.1 percent without that adjustment.
That's actually a tick higher than the 4.9 percent raw rate reported in December. Even so, that's more than a percent lower than a year ago when the raw rate was 6.5 percent.
Carson City, however, was up a half percent to 5.9 percent for the month, primarily due to a 200-worker reduction reported by the state and the normal seasonal reduction in holiday retail and other service employment. The state employs some 6,700 people in the capital, a quarter of the workforce.
The jobless rate was 5.1 percent in the Las Vegas metropolitan area but just 4.7 percent in Reno/Sparks.
Over the course of the year, Las Vegas gained 34,600 jobs, according to economist Bill Anderson. That's a 3.7 percent increase.
Carson City added 500 jobs over the year but Reno/Sparks had the fastest growth — 4.2 percent and 9,000 new jobs. Washoe County lists 230,017 in the labor force, 219,135 employed and just 10,882 without work.
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Carson's labor force was listed at 24,485 in January with 23,029 employed and 1,456 looking for work.
Churchill County reported a labor force of 10,069 workers, 9,521 with jobs and 548 looking — an unemployment rate of 5.4 percent.
Douglas County has 22,595 in the labor force and 1,187 seeking work. That translates to a jobless rate of 5.3 percent.
Lyon County has the state's worst unemployment rate at 7.2 percent. There are 1,509 workers jobless in a labor pool of 20,938.
In contrast, Esmeralda County, which is enjoying a mining boom, has a jobless rate of just 3.6 percent. Just 17 of that county's workers were listed as seeking work in a labor force of 474.