Unemployment Rates Declined in the Metro Areas in August

Transcription

1 For Immediate Release Sept.18, 2017 Unemployment Rates Declined in the Metro Areas in August CARSON CITY, NV Unemployment rates were down in all of the state s major population centers, both on a monthover-month and year-over-year basis in August. In Las Vegas, the unemployment rate is at 5.2 percent, down 0.2 of a percentage point from July, and down 0.5 of a percentage point from August Reno s unemployment rate is at 4.1 percent, down 0.1 of a percentage point from July and down 0.6 of a percentage point from last year. The unemployment rate in Carson City dropped 0.2 of percentage point over the month to 4.7 percent, a decline of 0.9 percentage point over the year. Metro area rates are not adjusted for seasonality, which explains why the statewide rate reported last week rose slightly, while the metro area rates declined, said Bill Anderson, chief economist for Nevada s Department of Employment, Training and Rehabilitation. The Silver State continues to show positive results with the decline in the unemployment rates for the metro areas and positive job growth, Anderson said. Employers are showing confidence in the economy by adding more jobs, while more people are joining the workforce in search of jobs. KEY POINTS The State added 38,800 jobs relative to August 2016, a 3 percent growth rate. Las Vegas added 28,400 jobs over the year, a 3 percent growth rate. Reno added 4,200 jobs over the year, a 1.9 percent growth rate. Unemployment rates were down in all of the State s major population centers, both on a month-over-month and year-over-year basis in August. All counties remain below 7 percent unemployment in August. Visit us and Follow us on Twitter: -##- ABOUT THE RESEARCH AND ANALYSIS BUREAU The Research and Analysis Bureau is Nevada s premier source for labor market information. A part of DETR, the Bureau is responsible for creating, analyzing, and reporting Nevada s labor market information, in cooperation with the United States Bureau of Labor Statistics

2 (BLS).

3 RESEARCH AND ANALYSIS BUREAU BRIAN SANDOVAL GOVERNOR DON SODERBERG DIRECTOR WILLIAM D. ANDERSON CHIEF ECONOMIST NEVADA SUB-STATE LABOR MARKET OVERVIEW August 2017 Nevada Las Vegas Reno Carson City Job Growth by Metro Area Nevada Nonfarm Jobs: July - August Change Expected Seasonally Unadjusted Seasonal Adjusted Change Movement Change Las Vegas 5,600 1,400 4,200 Reno 1,100 1,100 0 Carson City Job numbers remained strong throughout the Silver State in August with growth heavily concentrated in the Las Vegas metropolitan statistical area (MSA). Las Vegas employment saw a seasonally-adjusted increase of 4,200 jobs relative to July, the result of increasing by 5,600 jobs when only 1,400 were expected to be added. Reno employment remained steady as actual job gains matched the expected seasonal increase of 1,100. Carson City saw a slight seasonally-adjusted gain of 100 jobs, the result of realizing no change in employment when 100 jobs were expected to be lost. Year-over-year employment increased or remained neutral across the State s MSAs this month. The State as a whole has added 38,800 jobs relative to August 2016, a growth rate of three percent. Las Vegas has gained 28,400 jobs over the year, also resulting in a growth rate of three percent. Specifically, goods-producing industries added 11,800 jobs to payrolls while service-providing industries added 18, In Reno, 4,200 jobs were added over the year, corresponding to a growth rate of 1.9 percent. That area saw an increase -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)

4 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 of 1,800 goods-producing jobs and 3,300 service-providing jobs. A flat growth rate in Carson City resulted in employment numbers remaining unchanged from last August. The Quarterly Census of Employment and Wages (QCEW) Program publishes the most accurate, albeit less-timely, measure of jobs. It represents a comprehensive count of employment based on information reported by all businesses covered under the Unemployment Insurance System, but is not available until several months following the end of a calendar quarter. As such, QCEW is the principal source of benchmark data for the more timely Current Employment Statistics (CES) monthly estimates--which are revised at the end of every calendar year. Job growth ranged from -1.2 percent in Lincoln County to 44 percent in Storey County. In the latter, 2,600 new jobs were generated over the year, leaving employment at 8,700. Construction leads the way with just over 1,000 new jobs. Gains were concentrated in the special trades. As for Nevada s major population centers, Washoe County, at 2.9 percent, falls slightly below the Statewide average. Clark County experienced a growth rate nearly identical to that for the Silver State, at 3.5 percent. Finally, Carson City experienced a 3.4 percent growth rate. 2017:IQ QCEW information shows employment in firms with less than 100 employees (our definition of small business ) accounted for 53.2 percent of total private sector employment in Nevada. Small business establishments account for more than half of total employment in 12 of 17 counties. The lowest rate is in Eureka, at eight percent. This is attributable to large mining operations in the County. In Esmeralda and Lincoln counties, 100 percent of employment is in establishments with less than 100 employees in the absence of any large employers in these counties. As for Nevada s major population centers, in Clark County, exactly half of employment is accounted for by small business, slightly below the Statewide average. Small business shares in Carson City (75 percent) and Washoe County (62.1 percent) are both higher than in the State as a whole. The most recent QCEW information shows that total employment in Nevada as a whole increased 3.5 percent over the first three months of the year, relative to the same period in the preceding year. This translates into a gain of 43,700 jobs. Information from QCEW also shows Nevada wages averaged $931 per week, as of 2017:IQ. Weekly wages range from $690 (Lincoln) to $2,170 (Eureka). Six counties have payrolls above $1,000 per week. This can be attributed to the high concentration of mining jobs in these counties as a whole. As for Nevada s major population centers, wages come in just below the Statewide average. Carson City wages totaled $905 per week during the first three months of the year. Clark County and Washoe County come in at $922 and $910, respectively.

5 Average weekly wages in Nevada 8.0% as a whole increased 6.4 percent over the first three months of 2017, 7.0% relative to the same period in Changes in weekly wages range from -2.6 percent (Esmeralda) to 6.0% 25.5 percent (Storey). In the latter, growth is being driven by construction and manufacturing. Fifteen 5.0% of 17 counties experienced an increase in average weekly wages in 4.0% this year s first quarter. As for Nevada s major population centers, 3.0% both Clark County (6.5 percent) and Washoe County (6.7 percent) saw wage increases greater than in the Silver State as a whole. Wages in Carson City grew 6.3 percent. Unemployment Insurance Initial Claims By County August 2017 (Year-to-Date) Change Clark 75,660 78,937-3,277 Washoe 11,574 12, Carson City 1,542 1, Elko 986 1, Douglas 935 1, Lyon 1,625 1, Humboldt Churchill Nye 940 1, Lander Mineral Lincoln Pershing White Pine Eureka Esmeralda Storey *County level totals are not directly comparable to Statewide monthly totals due to reporting differences. unemployment rate Unemployment Rate by Metro Area J J A S O N D J F M A M J J A S O N D J F M A M J J A '15 '16 '17 Las Vegas Reno Carson City The Census Bureau s Longitudinal Employer-Household Dynamics (LED) On the Map tool allows for the analysis of worker inflows/outflows comprising the employment base in Nevada s 17 counties, providing insight into commuting patterns and the structure of the State s labor markets. More than 80 percent of workers in major population centers live in the county of work. In Clark, 94 percent of the workforce resides in the County (821,500 of 875,000 workers). In Washoe, 81 percent (158,400) of workers reside in the County. The results in Carson City are of interest, as just 42 percent the workforce actually lives there. Neighboring counties, including Washoe, account for more than half of the workforce. All told, eight of the Silver State s counties have less than half of its workforce living in the county, the lowest being Storey County with less than six percent. Specifically, less than 200 of Storey s 3,400 workers live within the County. These findings suggest that, in general, commuting patterns are a function of where the jobs are, and where residential opportunities exist. Initial claims for unemployment insurance (UI) at the county level continue to reflect the declines seen on the Statewide level. Through August, initial claims

6 are down in all but one of Nevada s counties compared to the same months last year. The largest nominal declines have come in Nevada s largest counties, with Clark falling by 3,280 claims and Washoe falling by 935 claims compared to last year s total. Twelve of Nevada s counties have seen claims fall by ten percent or more. Storey County continues to be the only county that has seen an increase in claims from last year. August 2017 (Year-to-Date) Change Elko, NV 4,586 3, Douglas, NV 3,102 2, Nye, NV 1,987 1, White Pine, NV 1, Lyon, NV 1,908 1, Lincoln, NV Mineral, NV Humboldt, NV 1,210 1, Clark, NV 103, , Esmeralda, NV Lander, NV Pershing, NV Storey, NV Carson City, NV 5,508 5, Eureka, NV Churchill, NV 1,580 1, Washoe, NV 24,141 26,842-2,701 Nye Lyon Clark Mineral Nevada Carson City Storey Douglas Pershing Lincoln Churchill Humboldt Lander Washoe White Pine Esmeralda Elko Eureka Online Job Posting Activity by County Unemployment Rate by County 0% 1% 2% 3% 4% 5% 6% 7% unemployment rate Unemployment rates were down in all of the State s major population centers, both on a month-overmonth and year-over-year 2 basis in August. In Las Vegas the unemployment rate is at 5.2 percent, down 0.2 percentage point from July, and down 0.5 percentage point from August of last year. Reno s unemployment rate is at 4.1 percent, down 0.1 percentage point from July and down 0.6 percentage point from last year. The unemployment rate in Carson City dropped 0.2 percentage point over the month to 4.7 percent, a decline of 0.9 percentage point over the year. Unemployment rates have declined on a overthe-year basis in all 17 of the State s counties this month. Rate declines ranged from 1.7 percentage points (Eureka) to 0.4 percentage point (White Pine). All counties remain below seven percent unemployment in August. Eureka, at three percent, is home to the State s lowest unemployment rate. Esmeralda, White Pine, and Elko (all below four percent) also maintain relatively low unemployment rates. Nye, at 6.4 percent, has the highest unemployment rate in the Silver State, followed by Lyon at 5.8 percent. Year-to-date online job posting activity is up in 14 of 17 counties in August 3. 2 The State s seasonally adjusted unemployment rate is 4.8 percent in July, up from 4.7 percent in June and down from 5.6 percent in July 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 5.1 percent in July, up from 4.9 percent in June and down from 5.8 percent in July ³ 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.

7 Elko (+870), Douglas (+640), and Nye (+570) experienced the largest increases in ad volume over last year. There have been 103,200 online job ads so far in 2017 for positions in Clark County, resulting in an increase (+120) over this time last year. Washoe has experienced the greatest decline in job postings, with 2,700 less ads than in August last year. Carson City has realized an increase (+20) of ads over last year, totaling 5,500 through August 2017.

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

9 13 of 17 Counties Realize Job Gains from 2016 to 2017; Storey, Pershing, and Clark Lead the Way; All Told, Jobs up Nearly 44,000 Over the Year Storey Pershing Clark Nevada Carson City Mineral Washoe Nye Lyon Elko White Pine Humboldt Churchill Lander Esmeralda Eureka Douglas Lincoln -5% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% job growth The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency

10 Small Businesses Account for 53% of Employment Statewide; 100% in Lincoln and Esmeralda; Relatively Small Shares in Eureka, Storey, and Lander; Clark County at 50% Lincoln Esmeralda Churchill Lyon Carson City Humboldt Elko Douglas Washoe White Pine Nye Nevada Clark Pershing Mineral Lander Storey Eureka 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% share of total employment The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency

11 Eureka/Lander/Humboldt/White Pine Pay Highest Weekly Wages in Nevada; Driven by Mining Eureka Lander Humboldt White Pine Pershing Storey Elko Nye Esmeralda Nevada Clark Washoe Carson City Mineral Churchill Douglas Lyon Lincoln $0 $500 $1,000 $1,500 $2,000 $2,500 The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency

12 Almost All Counties Realize Pay Increases from 2016 to 2017; Storey, Elko, and White Pine Lead the Way Storey Elko White Pine Pershing Mineral Churchill Washoe Clark Nevada Carson City Lincoln Douglas Lyon Lander Humboldt Nye Eureka Esmeralda -5% 0% 5% 10% 15% 20% 25% 30% 2016:IQ :IQ wage growth The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency

13 In Eight Nevada Counties, Worker Inflows Account for More Than Half of the Workforce; Commuting Patterns Driven by Proximity of Residential Opportunities to Job Opportunities 2014 Employment 2014 Employment Total Living In County Living Outside County Pct. Living In County Pct. Living Outside County Clark 874, ,500 53, % 6.1% Washoe 195, ,401 37, % 19.1% Elko 25,097 18,142 6, % 27.7% Churchill 7,254 4,950 2, % 31.8% White Pine 4,536 2,816 1, % 37.9% Nye 9,361 5,773 3, % 38.3% Humboldt 8,458 5,110 3, % 39.6% Mineral 1, % 44.5% Lyon 11,597 6,336 5, % 45.4% Lincoln 1, % 50.8% Lander 2,869 1,324 1, % 53.9% Douglas 17,439 7,954 9, % 54.4% Pershing 1, % 54.5% Carson City 26,849 11,379 15, % 57.6% Eureka % 58.9% Esmeralda % 78.2% Storey 3, , % 94.4% The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency

14 2017 NEVNEVADA (Estimates Employment & Unemployment August 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) 4.9% Nevada 5.0% Las Vegas MSA 5.2% Reno\Sparks MSA 4.1% Carson City MSA 4.7% 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)

15 Nevada Labor Force Summary (Estimates In Thousands) LABOR FORCE SUMMARY Aug-17 Aug-16 CHANGE % CHANGE Jul-17 NEVADA STATEWIDE Seasonally Adjusted LABOR FORCE % EMPLOYMENT % UNEMPLOYMENT % 69.3 UNEMPLOYMENT RATE 4.9% 5.5% % NEVADA STATEWIDE Non Seasonally Adjusted LABOR FORCE % EMPLOYMENT % UNEMPLOYMENT % 74.4 UNEMPLOYMENT RATE 5.0% 5.5% % Las Vegas-Paradise MSA Includes Clark County LABOR FORCE % EMPLOYMENT % UNEMPLOYMENT % 57.4 UNEMPLOYMENT RATE 5.2% 5.7% % Reno-Sparks MSA Carson City MSA Includes Washoe and Storey Counties LABOR FORCE % EMPLOYMENT % UNEMPLOYMENT % 9.9 UNEMPLOYMENT RATE 4.1% 4.7% % LABOR FORCE % 24.9 EMPLOYMENT % 23.7 UNEMPLOYMENT % 1.2 UNEMPLOYMENT RATE 4.7% 5.6% % 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

16 Establishment Based Industrial Employment Nevada - Seasonally Adjusted (Estimates In Thousands) Aug-17 Aug-16 CHANGE % CHANGE Jul % Nevada- Non-Seasonally Adjusted Aug-17 Aug-16 CHANGE % CHANGE Jul % Las Vegas-Paradise MSA * Aug-17 Aug-16 CHANGE % CHANGE Jul % Reno/Sparks MSA * Aug-17 Aug-16 CHANGE % CHANGE Jul % Carson City MSA * Aug-17 Aug-16 CHANGE % CHANGE Jul % 28.8 * Seasonally Adjusted

17 Non-Seasonally Adjusted Establishment Based Industrial Employment Las Vegas-Paradise MSA Includes Clark County (Estimates In Thousands) Aug-17 Aug-16 CHANGE % CHANGE Jul % Goods Producing % 87.6 Natural Resources & Mining % 0.4 Construction % 64.7 Construction of Buildings % 9.0 Specialty Trade Contractors % 50.2 Building Foundation & Exterior Contractors % 13.2 Building Finishing Contractors % 13.2 Manufacturing % 22.5 Durable Goods % 12.6 Other Miscellaneous Manufacturing % 4.1 Non-durable Goods % 9.9 Service Providing % Private Service Providing % Trade, Transportation & Utilities % Wholesale % 21.7 Retail % Food & Beverage Stores % 17.8 Health and Personal Care Stores % 7.9 Trans, Warehousing & Utilities % 39.2 Utilities % 2.6 Transportation & Warehousing % 36.6 Air % 6.5 Transit and Ground Passenger % 12.9 Taxi and Limousine Service % 9.7 Information % 11.0 Telecomunications % 2.8 Financial Activites % 50.8 Finance and Insurance % 27.9 Credit Intermediation & Related % 15.8 Real Estate and Rental and Leasing % 22.9 Professional & Business Services % Professional, Scientific and Technical % 40.4 Management of Companies % 20.4 Administrative & Support and Waste Mgt % 79.9 Administative and Support Services % 77.9 Employment Services % 14.7 Other Support Services % 10.3 Education and Health Services % 94.8 Health Care and Social Assistance % 85.4 Ambulatory Health Care Services % 39.7 Hospitals % 20.8 Leisure and Hospitality % Arts, Entertainment and Recreation % 22.2 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 % 36.8 Other Services % 33.4 Government % 96.3 Federal % 13.0 State % 16.9 Local % 66.4 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.

18 Non-Seasonally Adjusted Establishment Based Industrial Employment Goods Producing Reno-Sparks MSA Includes Washoe and Storey Counties (Estimates In Thousands) Aug-17 Aug-16 CHANGE % CHANGE Jul % % 31.2 Natural Resources & Mining % 0.2 Construction % 16.2 Manufacturing % 14.8 Miscellaneous Manufacturing % 2.4 Service Providing % Private Service Providing % Trade, Transportation & Utilities % 51.0 Wholesale % 9.1 Retail % 23.5 Food & Beverage Stores % 3.2 Trans, Warehousing & Utilities % 18.4 Information % 2.2 Financial Activities % 10.6 Finance and Insurance % 6.3 Professional & Business Services % 31.3 Administrative & Support and Waste Mgt % 17.9 Education and Health Services % 26.7 Leisure and Hospitality % 38.9 Accommodation and Food Service % 33.0 Accommodation % 16.2 Casino Hotels % 14.6 Food Services and Drinking Places % 16.8 Other Services % 6.3 Government % 27.2 Federal % 3.7 State % 9.7 Local % 13.8 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.

19 Non-Seasonally Adjusted Establishment Based Industrial Employment Goods Producing Aug-17 Aug-16 CHANGE % CHANGE Jul % % 3.8 Manufacturing % 2.4 Service Providing % 25.4 Private Service Providing % 16.0 Trade, Transportation & Utilities % 4.0 Retail % 3.2 Professional & Business Services % 1.9 Leisure and Hospitality % 3.6 Government % 9.4 Federal % 0.6 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.

20 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 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 updated Aug-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.

21 Non-Seasonally Adjusted Establishment Based Industrial Employment Las Vegas-Paradise MSA ands) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT 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 Aug-17

22 Non-Seasonally Adjusted Establishment Based Industrial Employment Reno-Sparks MSA ands) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT 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 Aug-17

23 Non-Seasonally Adjusted Establishment Based Industrial Employment Carson City MSA ands) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT 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 Aug-17 Data may not add due to rounding. Employment by place of work. Does not coincide with labor force concept. Includes multiple job holders.

24 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% 4.8% NEVADA- NSA LABOR FORCE EMPLOYMENT UNEMPLOYMENT UNEMPLOYMENT RATE 5.1% 5.1% 4.7% 4.6% 4.6% 4.9% 5.1% 5.0% 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% 5.0% 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% 4.2% 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% 5.2% 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% 3.7% 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

25 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 24,755 24,743 EMPLOYMENT 23,146 23,463 23,344 23,405 23,552 23,594 23,705 23,597 23,476 UNEMPLOYMENT 1,460 1,494 1,287 1,226 1,174 1,125 1,210 1,158 1,267 UNEMPLOYMENT RATE 5.9% 6.0% 5.2% 5.0% 4.7% 4.6% 4.9% 4.7% 5.1% CHURCHILL COUNTY* LABOR FORCE 10,078 10,378 11,124 10,484 10,565 10,702 10,488 10,368 10,523 EMPLOYMENT 9,523 9,879 10,654 10,063 10,131 10,254 10,028 9,920 10,057 UNEMPLOYMENT UNEMPLOYMENT RATE 5.5% 4.8% 4.2% 4.0% 4.1% 4.2% 4.4% 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 1,068,802 1,060,567 EMPLOYMENT 999,409 1,004,557 1,002,754 1,007,707 1,009,816 1,007,715 1,012,305 1,012,901 1,007,146 UNEMPLOYMENT 53,615 54,185 50,534 50,791 50,960 53,992 57,390 55,901 53,421 UNEMPLOYMENT RATE 5.1% 5.1% 4.8% 4.8% 4.8% 5.1% 5.4% 5.2% 5.0% DOUGLAS COUNTY* LABOR FORCE 22,636 22,956 22,303 21,965 22,222 22,522 22,667 22,448 22,465 EMPLOYMENT 21,444 21,748 21,216 20,924 21,167 21,534 21,638 21,435 21,388 UNEMPLOYMENT 1,192 1,208 1,087 1,041 1, ,029 1,013 1,077 UNEMPLOYMENT RATE 5.3% 5.3% 4.9% 4.7% 4.7% 4.4% 4.5% 4.5% 4.8% ELKO COUNTY* LABOR FORCE 26,872 27,279 27,341 26,720 26,957 27,403 27,433 27,217 27,153 EMPLOYMENT 25,723 26,179 26,332 25,796 26,034 26,428 26,375 26,286 26,144 UNEMPLOYMENT 1,149 1,100 1, , ,009 UNEMPLOYMENT RATE 4.3% 4.0% 3.7% 3.5% 3.4% 3.6% 3.9% 3.4% 3.7% Note: Unemployment rates are based on unrounded data. Employment adjusted by census relationships to reflect number of persons by place of residence.

26 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% 3.4% EUREKA COUNTY* LABOR FORCE 927 1,074 1,372 1,135 1,143 1,155 1,102 1,081 1,124 EMPLOYMENT 888 1,033 1,337 1,101 1,111 1,123 1,066 1,049 1,089 UNEMPLOYMENT UNEMPLOYMENT RATE 4.2% 3.8% 2.6% 3.0% 2.8% 2.8% 3.3% 3.0% 3.1% HUMBOLDT COUNTY* LABOR FORCE 7,806 8,193 8,879 8,258 8,335 8,452 8,294 8,148 8,296 EMPLOYMENT 7,430 7,808 8,523 7,943 8,022 8,122 7,916 7,807 7,946 UNEMPLOYMENT UNEMPLOYMENT RATE 4.8% 4.7% 4.0% 3.8% 3.8% 3.9% 4.6% 4.2% 4.2% LANDER COUNTY* LABOR FORCE 3,086 3,180 3,272 3,102 3,128 3,243 3,215 3,191 3,177 EMPLOYMENT 2,900 3,007 3,118 2,967 2,995 3,111 3,076 3,059 3,029 UNEMPLOYMENT UNEMPLOYMENT RATE 6.0% 5.4% 4.7% 4.4% 4.3% 4.1% 4.3% 4.1% 4.7% LINCOLN COUNTY* LABOR FORCE 1,912 2,028 2,242 2,053 2,078 2,113 2,055 2,031 2,064 EMPLOYMENT 1,814 1,928 2,156 1,973 1,997 2,029 1,961 1,941 1,975 UNEMPLOYMENT UNEMPLOYMENT RATE 5.1% 4.9% 3.8% 3.9% 3.9% 4.0% 4.6% 4.4% 4.3% Note: Unemployment rates are based on unrounded data. Employment adjusted by census relationships to reflect number of persons by place of residence.

27 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 21,152 21,231 EMPLOYMENT 19,446 19,830 20,196 19,870 20,066 20,192 20,010 19,929 19,942 UNEMPLOYMENT 1,506 1,476 1,292 1,198 1,149 1,195 1,267 1,223 1,288 UNEMPLOYMENT RATE 7.2% 6.9% 6.0% 5.7% 5.4% 5.6% 6.0% 5.8% 6.1% MINERAL COUNTY* LABOR FORCE 1,981 1,981 1,979 1,973 1,972 2,052 2,050 2,029 2,002 EMPLOYMENT 1,868 1,865 1,871 1,865 1,872 1,948 1,944 1,926 1,895 UNEMPLOYMENT UNEMPLOYMENT RATE 5.7% 5.9% 5.5% 5.5% 5.1% 5.1% 5.2% 5.1% 5.4% NYE COUNTY* LABOR FORCE 15,633 15,847 16,319 16,151 16,237 16,374 16,120 16,014 16,087 EMPLOYMENT 14,617 14,828 15,346 15,180 15,256 15,391 15,080 14,997 15,087 UNEMPLOYMENT 1,016 1, ,040 1,017 1,000 UNEMPLOYMENT RATE 6.5% 6.4% 6.0% 6.0% 6.0% 6.0% 6.5% 6.4% 6.2% PERSHING COUNTY* LABOR FORCE 2,316 2,473 2,808 2,517 2,525 2,633 2,607 2,568 2,556 EMPLOYMENT 2,187 2,337 2,685 2,407 2,419 2,524 2,491 2,453 2,438 UNEMPLOYMENT UNEMPLOYMENT RATE 5.6% 5.5% 4.4% 4.4% 4.2% 4.1% 4.4% 4.5% 4.6% STOREY COUNTY* LABOR FORCE 1,896 1,928 1,899 1,906 1,916 1,910 1,914 1,911 1,910 EMPLOYMENT 1,789 1,814 1,801 1,811 1,821 1,825 1,824 1,824 1,814 UNEMPLOYMENT UNEMPLOYMENT RATE 5.6% 5.9% 5.2% 5.0% 5.0% 4.5% 4.7% 4.6% 5.0% Note: Unemployment rates are based on unrounded data. Employment adjusted by census relationships to reflect number of persons by place of residence.

28 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, , , , , , , , ,903 EMPLOYMENT 218, , , , , , , , ,128 UNEMPLOYMENT 10,903 10,696 9,754 9,107 9,114 9,350 9,830 9,448 9,775 UNEMPLOYMENT RATE 4.8% 4.6% 4.2% 3.9% 3.9% 4.0% 4.2% 4.1% 4.2% WHITE PINE COUNTY* LABOR FORCE 4,546 4,613 4,545 4,463 4,521 4,738 4,707 4,669 4,600 EMPLOYMENT 4,344 4,413 4,362 4,284 4,349 4,564 4,524 4,486 4,416 UNEMPLOYMENT UNEMPLOYMENT RATE 4.4% 4.3% 4.0% 4.0% 3.8% 3.7% 3.9% 3.9% 4.0% Note: Unemployment rates are based on unrounded data. Employment adjusted by census relationships to reflect number of persons by place of residence.