Las Vegas, NV (KXNT) - Nevada has added back 9,200 jobs since October 2020 for a current employment total of 1,317,800, according to the Department of Employment, Training and Rehabilitation’s (DETR) November 2020 economic report.
When compared to November 2019. though, jobs are still down by 109,500 (-7.7%). Nevada’s seasonally adjusted unemployment rate was 10.1 percent in November 2020 compared to 11.9 percent in October.
Las Vegas added 7,800 jobs (0.8%) since October 2020. Job losses in construction and leisure & hospitality offset the growth in the trade, transportation, and utilities sector which added 10,600 jobs (6.0%). Compared to November 2019, total employment declined by 107,100 jobs (-10.3%) with leisure and hospitality sector down the most by 62,400 jobs (-21.4%).
The unemployment rate for Las Vegas was 11.5%, the highest in the state.
By comparison, Reno's unemployment rate was 5.4%, Carson City's 5.8%
“Employment gains were mixed in November with the Las Vegas and Reno MSAs showing growth while the Carson City MSA remains mostly flat when accounting for seasonal patterns. Unemployment levels continued to decline across the state resulting in improvements in the unemployment rate in nearly all areas. Although the labor market continues to improve, Nevada remains one of the states most impacted by the COVID pandemic, with our economic outlook dependent on the response to COVID19 including treatments, policy responses, and public compliance with measures to slow the spread of the disease,” said David Schmidt, Chief Economist for DETR.