Nevada’s jobless rate improved slightly in March to 8.1%, according to updated monthly stats released April 15 by the Nevada Department of Employment, Training & Rehabilitation.
Nevada added back 4,700 jobs compared to February, for a statewide total of 1,296,000, according to DETR’s March report.
Of that number, the Las Vegas area added 4,400 jobs (mostly in the leisure and hospitality sector) while Reno-Sparks added 700; the Carson City area was unchanged, meaning the 400 other jobs lost were sprinkled throughout the state.
While the March rate of 8.1% is an improvement from February’s mark of 8.4%, the state is still up 1.7 percentage points when compared to March 2020, when there were 134,800 additional jobs filled. The U.S. jobless rate for March, meanwhile, came in at 6.0%.
“Although job growth from February to March is typical in leisure and hospitality, this month’s job growth and news about increased activity following relaxation of capacity restrictions on businesses is encouraging,” David Schmidt, Chief Economist for the state, said in a statement. “Additionally, the professional and business services industry continues to see job growth, as temporary help services and professional service firms add back staff, in part to support the leisure and hospitality industry. Las Vegas’s transportation industry also realized job gains, specifically in air freight and air passenger transport firms.”
Going by region, in Reno-Sparks, compared to March 2020, total nonfarm employment saw a decrease of 4,800 jobs (- 1.9%) in March 2021. Las Vegas has 126,200 fewer jobs YOY (12.1%), while Carson City had 300 fewer jobs (-1.0%).
Go to nevadaworkforce.com to read the full March report.