The economic recovery in Nevada has shown few signs of slowing as many of the most important indicators have continued to demonstrate strong and steady growth in the wake of the Great Recession. In fact, many indicators are in the midst of extended positive trends that have continued for three years or more. Among them is employment, a key measure of the overall health of Nevada’s economy. Total employment climbed to 1.25 million in April 2015 (latest data available), which marked 52 consecutive months of year-to-year job growth. The sustained trend added 143,100 jobs in the Silver State, a 13.2-percent gain from the post-recession low-water mark of 1.10 million jobs reported in January 2010.

As a result of those job gains, the state’s year-over-year unemployment rate has fallen for 50 straight months, and the 7.1 percent mark in April 2015 is nearly half of the peak rate of 13.7 percent reported in November 2010. The number of private businesses in Nevada has grown along with employment. Since dipping to 69,812 in the third quarter of 2010, businesses have rebounded to 75,817 in the fourth quarter of 2014. That 8.6-percent growth included 14 straight quarters, or 42 months, of year-over-year improvement. Those trends were attributable to strong business growth in Clark County, which grew by 12.0 percent over the same time period. 

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