Unemployment figures continue to improve in the Silver State, with the jobless rate in the Reno-Sparks region for March down to 4.6%, according to the Nevada Department of Employment, Training and Rehabilitation’s full March 2021 economic report, released April 20.
As DETR reported April 15, Nevada’s seasonally adjusted unemployment rate was 8.1% in March, down from 8.4% in February but still up from 6.4% in March 2020.
The April 20 report included regional information, highlighted by the Las Vegas Metropolitan Statistical Area’s state-high 8.8% jobless rate in March, compared to 4.6% in the Reno MSA and 5.1% in the Carson City MSA.All three numbers are an improvement from February, when each MSA reported unemployment rates of 9.2%, 4.8% and 5.4%, respectively.Compared to a year ago in March 2020, jobless rates were as follows: 6.9% in Vegas, 5.5% in Reno and 6.9% in Carson City.In the Reno MSA, the number of unemployed people last month decreased by 837 since February for a current level of 12,377 people, which is 1,955 less unemployed people than March 2020. The labor force in Reno is currently 270,600 people, which is 2,005 less people than February, and up 9,138 people since March 2020.
In Carson City, the number of unemployed people decreased by 102 since February for a current level of 1,388 people, which is 447 less unemployed people than March 2020. The labor force in Carson City is currently 27,285 people, which is 107 less people than February, and up 610 people since March 2020.
Meanwhile, when looking at Nevada’s counties, the lowest unemployment rate in March was in Eureka County at just 2.3%, compared to Clark County’s 8.8% high.
“Unemployment rates in all counties other that Clark County have decreased since March 2020,” according to the April 20 report. “Compared to the national unadjusted rate of 6.2%, only Clark County had an unemployment rather higher than the national average.”
Go here for a full breakdown of the March 2021 report from DETR.