Carson City unemployment down slightly to 4.7 percent in August
Carson City's unemployment fell slightly in August to 4.7 percent, according to figures released Tuesday by the Nevada Department of Employment, Training and Rehabilitation.
Statewide, 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. 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.
Reno’s August 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.
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 2016.
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.
Meanwhile, all counties remain below 7 percent unemployment in August.