April 16, 2020
According to DETR, the 3.2 percent rate for Reno is nearly at pre-pandemic levels, which at its lowest was 2.8 percent in November 2019.
While Nevada's 7.5% jobless rate continues to lead the nation, the Reno-Sparks market is down to just 3.5%, according to the Department of Employment, Training and Rehabilitation.
The state’s unemployment rate in July is 7.7%, down slightly from 7.8% in June and down 8.9 percentage points from a year ago.
DETR Nevada is now requiring new applicants for regular unemployment claims to verify their identity through ID.me.
Reno's 4.6% jobless rate in March was a slight improvement from February's mark of 4.8% — and when looking year over year, nearly a full percentage point better than March 2020's rate of 5.5%.
The seasonally adjusted jobless rate in Nevada is 8.3% for February, with 153,500 fewer people working than in February 2020.
Through the week ending Feb. 13, there have been a total of 851,469 initial claims filed since the week ending March 14, 2020, according to Nevada DETR.
It's a trend consistent with the state's slow economic recovery since the start of the pandemic due to Northern Nevada's focus on diversifying the economy in recent years to have less reliance on gaming and tourism/hospitality.
The new figures released today bring the running total the past month to about 22 million out of a U.S. workforce of roughly 159 million — easily the worst stretch of U.S. job losses on record.
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