Jobs Numbers Throughout the Silver State Remain Strong This Month; Unemployment Rates Continue to Remain Relatively Low

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1 OCTOBER SUB-STATE PRESS RELEASE November 21 st, 2017 Jobs Numbers Throughout the Silver State Remain Strong This Month; Unemployment Rates Continue to Remain Relatively Low Statement from Bill Anderson, Chief Economist, Department of Employment, Training & Rehabilitation: Last week, we reported October labor market results for the State as a whole were encouraging. Job levels were at a record-high, the unemployment rate is holding relatively steady, and initial claims for unemployment insurance are at pre-recessionary levels. In looking at conditions within the State, we find that improvement is evident across nearly all of the State s metro areas and counties. Job levels continue to trend up in the State s major population centers, with record highs in Las Vegas and Reno. So far this year, unemployment rates are down in each of the Silver State s 17 counties. All things considered, labor market trends continue to point to a broad-based and diversified economic recovery. Highlights: Job Growth Since October 2016: o Statewide jobs are up 2.8 percent; 36,600 o Las Vegas jobs are up 2.5 percent; 24,200 o Reno jobs are up 1.5 percent; 3,300 o Carson City jobs are up 2.4 percent; 700 Unemployment Rates: o Las Vegas: 5.1 percent; down 0.2 point from a year ago o Reno: 3.9 percent; down 0.5 point from a year ago o Carson City: 4.8 percent; down 0.5 point from a year ago o For 14 consecutive months, unemployment rates have declined on a over-the-year basis in all 17 of the State s counties. o Unemployment rates in the State s major population centers all decreased on a year-over-year basis. o October unemployment rates ranged from 3.1 percent (Eureka) to 6.4 percent (Nye). Initial claims for unemployment insurance have declined in all but two counties in Nevada, relative to the same period last year. The State s largest population centers realized slightly reduced online job ad volume from last October.

2 RESEARCH AND ANALYSIS BUREAU BRIAN SANDOVAL GOVERNOR DON SODERBERG DIRECTOR WILLIAM D. ANDERSON CHIEF ECONOMIST NEVADA SUB-STATE LABOR MARKET OVERVIEW October 2017 Job numbers remained strong throughout the Silver State in October with growth heavily concentrated in the Las Vegas metropolitan statistical area (MSA). Las Vegas employment saw a seasonally adjusted increase of 2,600 jobs, the result of increasing by 4,300 jobs when only 1,700 were expected to be added. Reno, realized a seasonally adjusted increase of 200 jobs, the result of gaining 1,200 jobs when only 1,000 jobs were expected to be added. In Carson Nevada Las Vegas Reno Carson City Job Growth by Metro Area Nevada Nonfarm Jobs: September - October Change Expected Seasonally Unadjusted Seasonal Adjusted Change Movement Change Las Vegas 4,300 1,700 2,600 Reno 1,200 1, Carson City City, employment was expected to remain unchanged due to seasonal movements but actually increased, resulting in a seasonally adjusted employment gain of 400. Over-the-year job gains were positive in the State and in all three metropolitan areas this month. The State as a whole added 36,600 jobs relative to October 2016, a growth rate of 2.8 percent. Las Vegas experienced the largest nominal gain of 24,200 jobs, a growth rate of 2.5 percent. Specifically, goods-producing industries added 11,200 jobs to payrolls while service-providing industries added 13, Reno grew at 1.5 percent over the year, resulting in an increase of 3,300 jobs. Goods-pro- -10, ,000 20,000 30,000 40,000 50,000 YTD job growth ¹ References to total MSA employment are adjusted for seasonality, whereas references to goods-producing and service-providing industries are not. 500 E. Third St. Carson City, Nevada (775) Fax (775)

3 job growth; annual percentage change 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% -1.0% Job Growth by Metro Area '13 '14 '15 '16 '17 YTD Las Vegas Reno Carson City ducing industries in the area added 1,600 jobs while service providers gained 1,700. Carson City realized a slight improvement by adding 700 jobs, a growth rate of 2.4 percent. This growth resulted in a gain of 100 goods-producing and 600 service-providing jobs. Eureka has the highest LQ for mining, with a value of 206. Mining employment accounts for 90 percent of total jobs in the County. Lander is home to 3,300 mining jobs, more than 60 percent of total employment. This translates into an LQ of 139. This month, unemployment rates in the State s major population centers decreased on a year-overyear 2 basis but varied on monthover-month basis. In Las Vegas the rate is at 5.1 percent, down 0.1 percentage point from September and down 0.2 percentage point from October of last year. Reno s rate is down 0.1 percentage point relative to last month and declined 0.5 percentage point over the year, resulting in an unemployment rate of 3.9 percent. The unemployment rate in Carson City remains at 4.8 percent, unchanged from September, but down 0.5 percentage point from October last year. A location quotient (LQ) can be used to express how concentrated an industry is in a region as compared to the nation. An LQ of one indicates that an area has the same concentration of a specific industry as the national average, whereas a value of less than one indicates a lower concentration, and a value greater than one indicates a higher concentration. We focus on the concentration of mining employment in Nevada s counties relative to the nation, and highlight the relative importance of this industry in rural Nevada this month. Statewide, mining accounts for about 13,700 jobs (based upon information from Economic Modeling Specialists, Inc.), approximately 1.1 percent of total employment. The LQ for mining is 2.5, showing that the Silver State s share of employment in this industry is higher (over double) than that for the nation. For 14 consecutive months, unemployment rates have declined on a over-theyear basis in all 17 of the State s counties. Rate declines ranged from 1.7 percentage points (Lander) to 0.2 percentage point (Clark). All counties remain below 6.5 percent unemployment in October. Eureka, at 3.1 percent, is home to the State s lowest unemployment rate. In addition to Eureka, relatively low unemployment rates are also found in Elko and Esmeralda, both at 3.4 percent. The highest unemployment rates in the Silver State belong to Nye and Lyon at 6.4 percent and 5.6 percent, respectively. This month, we examine the growth/decline in each county s labor force, employment, unemployment and the jobless rate. Estimates show all counties in the Silver State have realized decreases in unemployment through 2 The State s seasonally adjusted unemployment rate is five percent in October, up from 4.9 percent in September and down from 5.3 percent in October Unemployment rates for the State s metropolitan areas and counties reported here are not adjusted for seasonality. Hence, comparisons to the State s seasonally adjusted rate should be avoided. Legitimate comparisons, however, can be made to the State s unadjusted rate 4.8 percent in October, down from five percent in September and down from 5.2 percent in October 2016.

4 the first ten months of 2017 relative to a year ago. Over the same period, 13 counties saw increases in employment. Labor force (those actively involved in the labor market, either employed or actively looking for work) growth is concentrated in the State s two largest population centers. Clark County s labor force is up 16,400, while Washoe s has increased 2,900 compared to the first ten months of last year. unemployment rate 8.0% 7.0% 6.0% 5.0% 4.0% Unemployment Rate by Metro Area 3.0% The unemployment rate in every county in the Silver State has declined relative to In fact, 14 counties have declined by at least one full percentage point. The largest declines in the jobless rate are found in Lander (down 1.8 percentage points), followed by Eureka and Storey, each with a decline of 1.7 percentage points. Washoe s rate is down by one percentage point relative to the first ten months of 2016, just barely above the Unemployment Insurance Initial Claims By County October 2017 (Year-to-Date) Change Clark 94,185 96,887-2,702 Washoe 14,172 15, Carson City 1,932 2, Elko 1,193 1, Douglas 1,141 1, Lyon 1,982 2, Humboldt Churchill Nye 1,165 1, Lander Lincoln Mineral Pershing White Pine Eureka Esmeralda Storey *County level totals are not directly comparable to Statewide monthly totals due to reporting differences. S O N D J F M A M J J A S O N D J F M A M J J A S O '16 '17 Las Vegas Reno Carson City 0.9 point decline registered in Clark County. The U.S. Department of Homeland Security administers the EB-5 Visa Program, created in 1990 to stimulate the U.S. economy through job creation and capital investment. Under this program, entrepreneurs are eligible to apply for a green card (permanent residence) if they make a minimum investment of one million dollars in a commercial enterprise in the United States; and plan to create or preserve ten permanent full-time jobs for qualified U.S. workers. Targeted Employment Areas (TEA) are part of the EB-5 Investment program. TEAs are defined either as areas of high unemployment (unemployment rate 150% of the national average), or as rural areas (any area not within either a metropolitan statistical area or the outer boundary of any city or town with a population of 20,000 or more according to the most recent decennial census of the U.S.). When an investment project is located within an area designated as a TEA, the investment requirement is lowered from one million dollars to a half-million. The Department of Employment, Training, and Rehabilitation s (DETR) Research and Analysis Bureau is the

5 appointed authority for designating TEA areas within the State of Nevada. DETR provides TEA designation at the census tract 3 level, and allows for combined multi-tract regions when forming TEA areas. TEA data is updated annually, with new information becoming available in early May. Lander All counties in Nevada qualify as rural areas, except for the White Pine Washoe Esmeralda State s Metros--Clark, Carson Elko City, Washoe/Storey. Clark County has 130 census tracts that meet Eureka the definition of high unemployment (dark blue areas on maps above), most located in the north east part of the Las Vegas Valley. Washoe County has 18 areas of high unemployment. Additional information about TEAs can be found at The year-to-date average of initial claims for Online Job Posting Activity by County October 2017 (Year-to-Date) Change Elko, NV 5,384 4, Nye, NV 2,261 1, Douglas, NV 3,521 3, White Pine, NV 1,312 1, Lyon, NV 2,205 2, Lincoln, NV Esmeralda, NV Pershing, NV Mineral, NV Lander, NV Storey, NV Humboldt, NV 1,392 1, Eureka, NV Churchill, NV 1,822 2, Carson City, NV 6,448 7, Washoe, NV 29,084 33,798-4,714 Clark, NV 123, ,209-5,427 Nye Lyon Clark Mineral Nevada Carson City Storey Douglas Pershing Lincoln Churchill Humboldt Unemployment Rate by County 0% 1% 2% 3% 4% 5% 6% 7% unemployment rate unemployment insurance at the county level continues to reflect the trends in the State as a whole. With data through the end of October, initial claims have declined in all but two counties in Nevada, relative to the same period last year. Eleven counties realized declines in excess of ten percent. As to the three largest counties in the State, Clark, Washoe, and Carson City, experienced year-to-date declines of 2,700, 900, and 330, respectively. The only counties with increased initial claims activity this month were Esmeralda and Storey counties, which increased by one and 18, respectively. Year-to-date online job posting activity is mixed amongst Nevada s counties this month 4. Elko (+710), Nye (+420), and Douglas (+220) saw the largest increases in ad volume over last year. The Silver State s largest population centers realized reduced ad volume from last October. Clark has received 3 Census tracts are small, relatively permanent statistical subdivisions of a county. Census tracts average about 4,000 inhabitants. 4 Online job postings are obtained through DETR s Silver State Solutions initiative. Online job posting volume does not necessarily correlate with the level of job openings or hiring. Internal company hiring and union hiring are often not captured by online ads. High ad volume often occurs for occupations/industries that are having difficulty finding qualified candidates, high turnover positions/recurring openings, or when companies are building large candidate pools. Online job postings should only be used with caution when developing/analyzing time series trends due to the constant changes in the rate of online advertising usage and in the methods used for collecting the data.

6 123,800 online job ads so far in 2017, but has decreased by 5,400 over this same time last year. Washoe postings have reached 29,100 through October this year, but are down by 4,700 postings from October Carson City has realized a decrease of 660 ads over last year, totaling 7,100 through October 2017.

7 Nevada Sub-State Labor Market Briefing: October 2017 Special Topics Slides The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency

8 Mining Employment Concentrated in Several Nevada Rural Counties, Especially in Eureka and Lander Location Mining Total Mining as a % Region Quotient Employment Employment of Total Eureka ,114 4, % Lander ,079 3, % Esmeralda % Pershing , % White Pine ,155 4, % Humboldt ,809 7, % Nye ,089 11, % Elko ,870 22, % Mineral , % Lyon , % Lincoln , % Storey , % Nevada ,924 1,319, % Churchill , % Douglas , % Washoe , % Clark , % Carson City , % The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency

9 Most Targeted Employment Areas Are Located in Clark County Clark Washoe The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency

10 So Far This Year Employment Up in 13 of 17 Counties; Unemployment Down Across the Board County Year-to-Date (through October) Change vs labor force employment unemployment unemployment rate Clark 16,413 24,872-8, % Washoe 2,948 5,115-2, % Eureka % Mineral % Elko % Pershing % Lincoln % White Pine % Storey % Esmeralda % Lander % Carson City % Nye % Douglas % Humboldt % Churchill % Lyon % The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency

11 2017 NEVNEVADA (Estimates Employment & Unemployment October 2017 Employment Growth: (Employment in thousands) M/M Y/Y Y/Y% Nevada % Nevada (Not Seasonally Adjusted) % Las Vegas MSA % Reno\Sparks MSA % Carson City MSA % Unemployment Rates: Nevada (Seasonally Adjusted) 5.0% Nevada 4.8% Las Vegas MSA 5.1% Reno\Sparks MSA 3.9% Carson City MSA 4.8% This information is embargoed until officially released on April 15,2015 Employment estimates are produced by the Current Employment Statistics program. Labor Force estimates are produced by the Local Area Unemployment Statistics program. Research and Analysis Bureau, Nevada Department of Employment, Training and Rehabilitation operates these programs in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics. Telephone (775)

12 Nevada Labor Force Summary (Estimates In Thousands) LABOR FORCE SUMMARY Oct-17 Oct-16 CHANGE % CHANGE Sep-17 NEVADA STATEWIDE Seasonally Adjusted LABOR FORCE % EMPLOYMENT % UNEMPLOYMENT % 71.8 UNEMPLOYMENT RATE 5.0% 5.3% % NEVADA STATEWIDE Non Seasonally Adjusted LABOR FORCE % EMPLOYMENT % UNEMPLOYMENT % 72.3 UNEMPLOYMENT RATE 4.8% 5.2% % Las Vegas-Paradise MSA Includes Clark County LABOR FORCE % EMPLOYMENT % UNEMPLOYMENT % 56.0 UNEMPLOYMENT RATE 5.1% 5.3% % Reno-Sparks MSA Carson City MSA Includes Washoe and Storey Counties LABOR FORCE % EMPLOYMENT % UNEMPLOYMENT % 9.5 UNEMPLOYMENT RATE 3.9% 4.4% % LABOR FORCE % 24.8 EMPLOYMENT % 23.6 UNEMPLOYMENT % 1.2 UNEMPLOYMENT RATE 4.8% 5.3% % UNEMPLOYMENT RATES BASED ON UNROUNDED DATA Employment adjusted by census relationships to reflect number of persons by place of residence. Information compiled by DETR's Research & Analysis Bureau

13 Establishment Based Industrial Employment Nevada - Seasonally Adjusted (Estimates In Thousands) Oct-17 Oct-16 CHANGE % CHANGE Sep % Nevada- Non-Seasonally Adjusted Oct-17 Oct-16 CHANGE % CHANGE Sep % Las Vegas-Paradise MSA * Oct-17 Oct-16 CHANGE % CHANGE Sep % Reno/Sparks MSA * Oct-17 Oct-16 CHANGE % CHANGE Sep % Carson City MSA * Oct-17 Oct-16 CHANGE % CHANGE Sep % 29.0 * Seasonally Adjusted

14 Non-Seasonally Adjusted Establishment Based Industrial Employment Las Vegas-Paradise MSA Includes Clark County (Estimates In Thousands) Oct-17 Oct-16 CHANGE % CHANGE Sep % Goods Producing % 89.8 Natural Resources & Mining % 0.4 Construction % 66.5 Construction of Buildings % 9.6 Specialty Trade Contractors % 51.3 Building Foundation & Exterior Contractors % 13.3 Building Finishing Contractors % 14.0 Manufacturing % 22.9 Durable Goods % 13.0 Other Miscellaneous Manufacturing % 4.1 Non-durable Goods % 9.9 Service Providing % Private Service Providing % Trade, Transportation & Utilities % Wholesale % 21.3 Retail % Food & Beverage Stores % 17.9 Health and Personal Care Stores % 7.8 Trans, Warehousing & Utilities % 39.4 Utilities % 2.6 Transportation & Warehousing % 36.8 Air % 6.5 Transit and Ground Passenger % 12.9 Taxi and Limousine Service % 9.7 Information % 10.7 Telecomunications % 2.9 Financial Activites % 49.9 Finance and Insurance % 27.2 Credit Intermediation & Related % 15.5 Real Estate and Rental and Leasing % 22.7 Professional & Business Services % Professional, Scientific and Technical % 39.4 Management of Companies % 20.5 Administrative & Support and Waste Mgt % 82.6 Administative and Support Services % 80.6 Employment Services % 15.7 Other Support Services % 11.7 Education and Health Services % 97.0 Health Care and Social Assistance % 86.3 Ambulatory Health Care Services % 39.8 Hospitals % 20.9 Leisure and Hospitality % Arts, Entertainment and Recreation % 21.6 Accommodation and Food Service % Accommodation % Casino Hotels and Gaming % Casino Hotels % Gaming Industries % 5.1 Food Services and Drinking Places % Full-Service Restaurants % 49.9 Limited-Service Restaurants % 36.6 Other Services % 32.7 Government % Federal % 13.0 State % 18.5 Local % 72.4 Non-Seasonally Adjusted Data. Data may not add due to rounding. Employment by place of work. Does not coincide with labor force concept. Includes multiple job holders.

15 Non-Seasonally Adjusted Establishment Based Industrial Employment Goods Producing Reno-Sparks MSA Includes Washoe and Storey Counties (Estimates In Thousands) Oct-17 Oct-16 CHANGE % CHANGE Sep % % 31.7 Natural Resources & Mining % 0.2 Construction % 16.7 Manufacturing % 14.8 Miscellaneous Manufacturing % 2.3 Service Providing % Private Service Providing % Trade, Transportation & Utilities % 51.3 Wholesale % 8.9 Retail % 23.6 Food & Beverage Stores % 3.3 Trans, Warehousing & Utilities % 18.8 Information % 2.2 Financial Activities % 10.6 Finance and Insurance % 6.3 Professional & Business Services % 31.2 Administrative & Support and Waste Mgt % 18.2 Education and Health Services % 26.7 Leisure and Hospitality % 38.8 Accommodation and Food Service % 32.7 Accommodation % 15.8 Casino Hotels % 14.3 Food Services and Drinking Places % 16.9 Other Services % 6.1 Government % 30.5 Federal % 3.7 State % 10.9 Local % 15.9 Non-Seasonally Adjusted Data. Data may not add due to rounding. Employment by place of work. Does not coincide with labor force concept. Includes multiple job holders.

16 Non-Seasonally Adjusted Establishment Based Industrial Employment Goods Producing Oct-17 Oct-16 CHANGE % CHANGE Sep % % 3.8 Manufacturing % 2.4 Service Providing % 25.4 Private Service Providing % 15.9 Trade, Transportation & Utilities % 4.0 Retail % 3.2 Professional & Business Services % 1.9 Leisure and Hospitality % 3.6 Government % 9.5 Federal % 0.7 State % 6.8 Local % 2.0 Non-Seasonally Adjusted Data. Carson City MSA Includes Carson City (Estimates In Thousands) Data may not add due to rounding. Employment by place of work. Does not coincide with labor force concept. Includes multiple job holders.

17 2017 Industrial Employment (Estimates in Thousands) Nevada Statewide (SA) Nevada Statewide (NSA) Las Vegas MSA (SA) Reno/Sparks MSA (SA) Carson City MSA (SA) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVERAGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVERAGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVERAGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVERAGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVERAGE Oct-17 (NSA)-Non-Seasonally Adjusted Data. Data may not add due to rounding. Employment by place of work. Does not coincide with labor force concept. Includes multiple job holders.

18 Non-Seasonally Adjusted Establishment Based Industrial Employment Las Vegas-Paradise MSA ands) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVERAGE Goods Producing Natural Resources & Mining Construction Construction of Buildings Specialty Trade Contractors Building Foundation & Exterior Contrac Building Finishing Contractors Manufacturing Durable Goods Other Miscellaneous Manufacturing Non-durable Goods Service Providing Private Service Providing Trade, Transportion & Utilites Wholesale Retail Food & Beverage Stores Health and Personal Care Stores Trans, Warehousing & Utilities Utilities Transportation & Warehousing Air Transit and Ground Passenger Taxi and Limousine Service Information Telecomunications Financial Activities Finance and Insurance Credit Intermediation & Related Real Estate and Rental and Leasing Professional & Business Services Professional, Scientific and Technical Management of Companies Administrative & Support and Waste Mgt Administative and Support Services Employment Services Other Support Services Education and Health Services Health Care and Social Assistance Ambulatory Health Care Services Hospitals Leisure and Hospitality Arts, Entertainment and Recreation Accommodation and Food Service Accommodation Casino Hotels and Gaming Casino Hotels Gaming Industries Food Services and Drinking Places Full-Service Restaurants Limited-Service Restaurants Other Services Government Federal State Local Non-Seasonally Adjusted Data. updated Oct-17

19 Non-Seasonally Adjusted Establishment Based Industrial Employment Reno-Sparks MSA ands) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVERAGE Goods Producing Natural Resources & Mining Construction Manufacturing Miscellaneous Manufacturing Service Providing Private Service Providing Trade, Transportion & Utilites Wholesale Retail Food & Beverage Stores Trans, Warehousing & Utilities Information Financial Activites Finance and Insurance Professional & Business Services Administrative & Support and Waste Mgt Education and Health Services Leisure and Hospitality Accommodation and Food Service Accommodation Casino Hotels Food Services and Drinking Places Other Services Government Federal State Local Non-Seasonally Adjusted Data. updated Oct-17

20 Non-Seasonally Adjusted Establishment Based Industrial Employment Carson City MSA ands) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVERAGE Goods Producing Manufacturing Service Providing Private Service Providing Trade, Transportion & Utilites Retail Professional & Business Services Leisure and Hospitality Government Federal State Local Non-Seasonally Adjusted Data. updated Oct-17 Data may not add due to rounding. Employment by place of work. Does not coincide with labor force concept. Includes multiple job holders.

21 2017 LABOR FORCE SUMMARY DATA (Estimates in Thousands) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVG NEVADA- SA LABOR FORCE EMPLOYMENT 1/ UNEMPLOYMENT UNEMPLOYMENT RATE 5.0% 4.9% 4.8% 4.7% 4.7% 4.7% 4.8% 4.9% 4.9% 5.0% 4.8% NEVADA- NSA LABOR FORCE EMPLOYMENT UNEMPLOYMENT UNEMPLOYMENT RATE 5.1% 5.1% 4.7% 4.6% 4.6% 4.9% 5.1% 5.0% 5.0% 4.8% 4.9% LAS VEGAS MSA* LABOR FORCE EMPLOYMENT 1/ UNEMPLOYMENT UNEMPLOYMENT RATE 5.1% 5.1% 4.8% 4.8% 4.8% 5.1% 5.4% 5.2% 5.2% 5.1% 5.1% RENO MSA* LABOR FORCE EMPLOYMENT 1/ UNEMPLOYMENT UNEMPLOYMENT RATE 4.8% 4.6% 4.2% 3.9% 3.9% 4.0% 4.2% 4.1% 4.0% 3.9% 4.2% CARSON CITY MSA * LABOR FORCE EMPLOYMENT 1/ UNEMPLOYMENT UNEMPLOYMENT RATE 5.9% 6.0% 5.2% 5.0% 4.7% 4.6% 4.9% 4.7% 4.8% 4.8% 5.1% ELKO MICROPOLITAN AREA * LABOR FORCE EMPLOYMENT 1/ UNEMPLOYMENT UNEMPLOYMENT RATE 4.3% 4.0% 3.6% 3.4% 3.4% 3.5% 3.8% 3.4% 3.3% 3.4% 3.6% Note: Unemployment rates are based on unrounded data. 1/ Adjusted by census relationships to reflect number of persons by place of residence. 2/ Clark County 3/ Washoe and Storey Counties 4/ Carson City 5/ Elko and Eureka Counties

22 2017 LABOR FORCE SUMMARY DATA (Estimates In Thousands) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVG CARSON CITY COUNTY* LABOR FORCE 24,606 24,957 24,631 24,631 24,726 24,719 24,915 24,761 24,809 25,031 24,779 EMPLOYMENT 23,146 23,463 23,344 23,405 23,552 23,594 23,705 23,601 23,629 23,839 23,528 UNEMPLOYMENT 1,460 1,494 1,287 1,226 1,174 1,125 1,210 1,160 1,180 1,192 1,251 UNEMPLOYMENT RATE 5.9% 6.0% 5.2% 5.0% 4.7% 4.6% 4.9% 4.7% 4.8% 4.8% 5.0% CHURCHILL COUNTY* LABOR FORCE 10,078 10,378 11,124 10,484 10,565 10,702 10,488 10,371 10,466 10,324 10,498 EMPLOYMENT 9,523 9,879 10,654 10,063 10,131 10,254 10,028 9,922 10,024 9,877 10,036 UNEMPLOYMENT UNEMPLOYMENT RATE 5.5% 4.8% 4.2% 4.0% 4.1% 4.2% 4.4% 4.3% 4.2% 4.3% 4.4% CLARK COUNTY* LABOR FORCE 1,053,024 1,058,742 1,053,288 1,058,498 1,060,776 1,061,707 1,069,695 1,068,706 1,073,809 1,077,435 1,063,568 EMPLOYMENT 999,409 1,004,557 1,002,754 1,007,707 1,009,816 1,007,715 1,012,305 1,012,779 1,017,771 1,022,871 1,009,768 UNEMPLOYMENT 53,615 54,185 50,534 50,791 50,960 53,992 57,390 55,927 56,038 54,564 53,800 UNEMPLOYMENT RATE 5.1% 5.1% 4.8% 4.8% 4.8% 5.1% 5.4% 5.2% 5.2% 5.1% 5.1% DOUGLAS COUNTY* LABOR FORCE 22,636 22,956 22,303 21,965 22,222 22,522 22,667 22,452 22,301 22,067 22,409 EMPLOYMENT 21,444 21,748 21,216 20,924 21,167 21,534 21,638 21,438 21,295 21,061 21,347 UNEMPLOYMENT 1,192 1,208 1,087 1,041 1, ,029 1,014 1,006 1,006 1,063 UNEMPLOYMENT RATE 5.3% 5.3% 4.9% 4.7% 4.7% 4.4% 4.5% 4.5% 4.5% 4.6% 4.7% ELKO COUNTY* LABOR FORCE 26,872 27,279 27,341 26,720 26,957 27,403 27,433 27,224 27,099 26,862 27,119 EMPLOYMENT 25,723 26,179 26,332 25,796 26,034 26,428 26,375 26,291 26,190 25,958 26,131 UNEMPLOYMENT 1,149 1,100 1, , UNEMPLOYMENT RATE 4.3% 4.0% 3.7% 3.5% 3.4% 3.6% 3.9% 3.4% 3.4% 3.4% 3.6% Note: Unemployment rates are based on unrounded data. Employment adjusted by census relationships to reflect number of persons by place of residence.

23 2017 LABOR FORCE SUMMARY DATA (Estimates In Thousands) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVG ESMERALDA COUNTY* LABOR FORCE EMPLOYMENT UNEMPLOYMENT UNEMPLOYMENT RATE 3.6% 3.3% 3.0% 3.5% 3.1% 2.9% 4.0% 3.9% 3.7% 3.4% 3.4% EUREKA COUNTY* LABOR FORCE 927 1,074 1,372 1,135 1,143 1,155 1,102 1,081 1,078 1,003 1,107 EMPLOYMENT 888 1,033 1,337 1,101 1,111 1,123 1,066 1,049 1, ,073 UNEMPLOYMENT UNEMPLOYMENT RATE 4.2% 3.8% 2.6% 3.0% 2.8% 2.8% 3.3% 3.0% 2.8% 3.1% 3.1% HUMBOLDT COUNTY* LABOR FORCE 7,806 8,193 8,879 8,258 8,335 8,452 8,294 8,151 8,152 7,970 8,249 EMPLOYMENT 7,430 7,808 8,523 7,943 8,022 8,122 7,916 7,809 7,821 7,646 7,904 UNEMPLOYMENT UNEMPLOYMENT RATE 4.8% 4.7% 4.0% 3.8% 3.8% 3.9% 4.6% 4.2% 4.1% 4.1% 4.2% LANDER COUNTY* LABOR FORCE 3,086 3,180 3,272 3,102 3,128 3,243 3,215 3,192 3,142 3,079 3,164 EMPLOYMENT 2,900 3,007 3,118 2,967 2,995 3,111 3,076 3,060 3,021 2,957 3,021 UNEMPLOYMENT UNEMPLOYMENT RATE 6.0% 5.4% 4.7% 4.4% 4.3% 4.1% 4.3% 4.1% 3.9% 4.0% 4.5% LINCOLN COUNTY* LABOR FORCE 1,912 2,028 2,242 2,053 2,078 2,113 2,055 2,030 2,018 1,964 2,049 EMPLOYMENT 1,814 1,928 2,156 1,973 1,997 2,029 1,961 1,941 1,931 1,874 1,960 UNEMPLOYMENT UNEMPLOYMENT RATE 5.1% 4.9% 3.8% 3.9% 3.9% 4.0% 4.6% 4.4% 4.3% 4.6% 4.3% Note: Unemployment rates are based on unrounded data. Employment adjusted by census relationships to reflect number of persons by place of residence.

24 2017 LABOR FORCE SUMMARY DATA (Estimates In Thousands) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVG LYON COUNTY* LABOR FORCE 20,952 21,306 21,488 21,068 21,215 21,387 21,277 21,163 21,575 21,514 21,295 EMPLOYMENT 19,446 19,830 20,196 19,870 20,066 20,192 20,010 19,933 20,350 20,303 20,020 UNEMPLOYMENT 1,506 1,476 1,292 1,198 1,149 1,195 1,267 1,230 1,225 1,211 1,275 UNEMPLOYMENT RATE 7.2% 6.9% 6.0% 5.7% 5.4% 5.6% 6.0% 5.8% 5.7% 5.6% 6.0% MINERAL COUNTY* LABOR FORCE 1,981 1,981 1,979 1,973 1,972 2,052 2,050 2,029 2,126 2,104 2,025 EMPLOYMENT 1,868 1,865 1,871 1,865 1,872 1,948 1,944 1,926 2,029 1,997 1,919 UNEMPLOYMENT UNEMPLOYMENT RATE 5.7% 5.9% 5.5% 5.5% 5.1% 5.1% 5.2% 5.1% 4.6% 5.1% 5.2% NYE COUNTY* LABOR FORCE 15,633 15,847 16,319 16,151 16,237 16,374 16,120 16,012 16,171 16,129 16,099 EMPLOYMENT 14,617 14,828 15,346 15,180 15,256 15,391 15,080 14,998 15,105 15,096 15,090 UNEMPLOYMENT 1,016 1, ,040 1,014 1,066 1,033 1,010 UNEMPLOYMENT RATE 6.5% 6.4% 6.0% 6.0% 6.0% 6.0% 6.5% 6.3% 6.6% 6.4% 6.3% PERSHING COUNTY* LABOR FORCE 2,316 2,473 2,808 2,517 2,525 2,633 2,607 2,568 2,582 2,471 2,550 EMPLOYMENT 2,187 2,337 2,685 2,407 2,419 2,524 2,491 2,454 2,464 2,363 2,433 UNEMPLOYMENT UNEMPLOYMENT RATE 5.6% 5.5% 4.4% 4.4% 4.2% 4.1% 4.4% 4.4% 4.6% 4.4% 4.6% STOREY COUNTY* LABOR FORCE 1,896 1,928 1,899 1,906 1,916 1,910 1,914 1,912 1,934 1,946 1,916 EMPLOYMENT 1,789 1,814 1,801 1,811 1,821 1,825 1,824 1,825 1,847 1,858 1,822 UNEMPLOYMENT UNEMPLOYMENT RATE 5.6% 5.9% 5.2% 5.0% 5.0% 4.5% 4.7% 4.6% 4.5% 4.5% 4.9% Note: Unemployment rates are based on unrounded data. Employment adjusted by census relationships to reflect number of persons by place of residence.

25 2017 LABOR FORCE SUMMARY DATA (Estimates In Thousands) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVG WASHOE COUNTY* LABOR FORCE 229, , , , , , , , , , ,693 EMPLOYMENT 218, , , , , , , , , , ,005 UNEMPLOYMENT 10,903 10,696 9,754 9,107 9,114 9,350 9,830 9,461 9,400 9,270 9,689 UNEMPLOYMENT RATE 4.8% 4.6% 4.2% 3.9% 3.9% 4.0% 4.2% 4.1% 4.0% 3.9% 4.2% WHITE PINE COUNTY* LABOR FORCE 4,546 4,613 4,545 4,463 4,521 4,738 4,707 4,670 4,676 4,577 4,606 EMPLOYMENT 4,344 4,413 4,362 4,284 4,349 4,564 4,524 4,487 4,499 4,405 4,423 UNEMPLOYMENT UNEMPLOYMENT RATE 4.4% 4.3% 4.0% 4.0% 3.8% 3.7% 3.9% 3.9% 3.8% 3.8% 4.0% Note: Unemployment rates are based on unrounded data. Employment adjusted by census relationships to reflect number of persons by place of residence.

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