In its most recent release, the United States Department of Labor, Bureau of Labor Statistics noted, “Nevada continued to record the highest unemployment rate among the states, 12.0 percent, in March.” The same release went on to say, “Mississippi and Oklahoma experienced the largest over-the-month unemployment rate declines in March (-0.6 percentage point each). Five other states also had statistically significant rate decreases: Florida and Massachusetts (-0.4 percentage point each), Nevada (-0.3 point), North Carolina (-0.2 point), and Vermont (-0.1 point)” [emphasis added]. This trend of relatively weak, but improving, economic indicators is the hallmark of the state’s current economic condition.

Statewide, employment rose in 14 of Nevada’s 17 counties, according to the State of Nevada’s most recent Quarterly Survey of Employment and Wages, with mining-heavy Storey County reporting the largest year-over-year rate of increase. Nevada mining employment was up 14.5 percent, adding a total of 1,827 jobs during the past 12 months. Churchill County (-2.5 percent), Mineral County (-1.2 percent) and Carson City (-0.9 percent) were the three regions reporting employment losses. Clark and Washoe counties, which together account for 88.2 percent of statewide employment, reported growth rates of 0.7 percent and 0.1 percent, respectively. The state’s largest employment sector, accommodation and food services (includes casino-hotels), added more than 6,300 positions and posted a 2.2-percent growth rate over the year.

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