Las Vegas Sun

November 21, 2017

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Nevada unemployment down in March to 4.8 percent

CARSON CITY — Nevada’s unemployment rate declined to 4.8 percent in March with an estimated 67,600 out of work or 8,400 fewer than February.

The state Department of Employment, Training and Rehabilitation reported Wednesday that the number of people working grew to 1,370,400, an increase of 2,400 from the previous month.

The jobless rate in February was 4.9 percent. And the nation’s unemployment was 4.5 percent.

Gov. Brian Sandoval said Nevada is now fourth in the nation in job growth and first-time filings for jobless benefits are the lowest in 20 years.

He said these figures are a “significant milestone.”

The number of those employed in construction statewide increased to 81,300 or 200 more than February. Government employment increased from 159,900 in February to 161,000 in February.

But those employed in trade, transportation and utilities dropped by 800 to 241,300. And the leisure and hospitality sector reported 351,000 employed, down 900 from the previous month.

Department economist Bill Anderson said Nevada lost 185,700 jobs during the recession but has gained 212,000 since then. And the number of employers since the recession has risen by 11,700 to a record 67,700.

The department is predicting that there will be an increase of 113,000 jobs in the three-year period from 2016 to 2019.

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