Elko County’s economy remains strong, benefitting from broader trends that have led to increased economic growth throughout the country and across the state of Nevada. Employment in Elko County continues to fluctuate from month to month, but the long-term trend remains positive. Through December 2018, overall employment increased by 1.0 percent year over year in Elko. The labor force in Elko County increased by an equal 1.0 percent over the same timeframe, keeping the unemployment rate consistent at 3.3 percent from the prior year. Elko County’s 3.3 percent unemployment rate remains one of the lowest in Nevada, and it is significantly lower than Nevada’s overall unemployment rate (4.4 percent) as well as those of similarly sized counties such as Carson City (4.5 percent), Douglas County (4.4 percent), Lyon County (5.4 percent) and Nye County (5.7 percent).

While employment in Elko County has remained relatively consistent, the total wages earned by Elko workers have increased significantly over the past year. In the third quarter of 2018, private industry workers in Elko County collectively earned $235.7 million in wages and salaries, 9.5 percent more than during the third quarter of 2017. Over the past four quarters, total private wages earned are up 6.3 percent in Elko County.

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