Metro Areas See Improvement in April s Unemployment Numbers

Transcription

1 For Immediate Release May 23, 2017 Metro Areas See Improvement in April s Unemployment Numbers CARSON CITY, NV All three metro areas experienced positive results in the labor market for April. In Las Vegas, the jobless rate remained at 4.8 percent and is down 1.2 percentage points from April The unemployment rate in Reno/ Sparks, stands at 3.9 percent in April, and is below 4 percent for the first time since This is a decline of 0.3 percentage point from March and 1.4 percentage points from the same time last year. Carson City saw the largest overthe-year decline of 1.5 percentage points, with unemployment at 5 percent in April. All three metro areas followed the statewide trend with each unemployment rate experiencing a decline said Bill Anderson, chief economist for Department of Employment, Training and Rehabilitation. Additionally, all 17 counties are faring well with declining unemployment rates. Overall, the Silver State continues to show steady improvement in the labor market, with job growth on the rise. Key Points Job growth over the year: Statewide: 3.6 percent/46,200 Las Vegas: 3.4 percent/32,100 Reno: 3.1 percent/6,700 Carson City: 1.7 percent/500 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 (BLS).

2 RESEARCH AND ANALYSIS BUREAU BRIAN SANDOVAL GOVERNOR DON SODERBERG DIRECTOR WILLIAM D. ANDERSON CHIEF ECONOMIST NEVADA SUB-STATE LABOR MARKET OVERVIEW April 2017 Nevada saw notable employment gains in the month of April. Expected seasonal employment remained positive, in part due to the ramp-up for summer-related tourism. Together, the State s three metropolitan statistical areas (MSAs) increased employment by a seasonally-adjusted 8,200 jobs. Las Vegas alone saw employment increase by 11,300 when only 3,800 jobs were expected based upon historical trends, resulting in a seasonally-adjusted increase of 7,500. Reno Nevada Job Growth by Metro Area Nevada Nonfarm Jobs: March - April Change Expected Seasonally Unadjusted Seasonal Adjusted Change Movement Change Las Vegas 11,300 3,800 7,500 Reno 1,800 1, Carson City increased its seasonally-adjusted payrolls by 600, after adding 1,800 jobs when only 1,200 were expected to be added. Finally, Carson City expanded seasonally-adjusted employment by 100, after adding 300 jobs when only 200 were expected. April s robust employment figures top 2017 in month-overmonth unadjusted and seasonally-adjusted employment gains. Las Vegas Reno Carson City -10, ,000 20,000 30,000 40,000 50,000 YTD job growth Over-the-year job growth increased in the State as a whole and in all MSAs this month. Statewide, job growth increased by 3.6 percent, which correlates to 46,200 new jobs added since April of In terms of percentage increase, Las Vegas had the highest growth rate at 3.4 percent over the year. Las Vegas added 32,100 jobs in total; 22,000 ser- 500 E. Third St. Carson City, Nevada (775) Fax (775)

3 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 vice-providing and 9,000 goods-producing 1. Reno added 6,700 jobs over the same period, which equates to a 3.1 percent growth rate; payrolls gained 4,500 service-providing jobs and 1,500 good-producing jobs. In Carson City, 500 jobs were added over the year, a growth of 1.7 percent, including the addition of 300 service-providing jobs. ¹ References to total MSA employment are adjusted for seasonality, whereas references to goods-producing and service-providing industries are not. A location quotient (LQ) expresses how concentrated an industry/sector is in a region as compared to the nation. An LQ of one indicates that an area has the same concentration of a specific industry as the national average, whereas a value of less than one indicates a lower concentration, and a value greater than one indicates a higher concentration. This month we focus on the concentration of retail trade employment in Nevada s counties relative to the nation. Statewide, the LQ for retail trade is 1.01, suggesting that the Silver State s share of employment in this sector is nearly identical to that in the nation as a whole. Of the State s counties, Lincoln has the highest LQ for retail trade, with a value This means that there is 33 percent more retail trade employment in the county than expected according to national averages. The State s major population centers each have an LQ very similar to the national average. The lowest LQ s are found in Eureka, Storey, and Esmeralda, suggesting that these counties have relatively low employment in the sector. The Occupational Employment Statistics (OES) survey is a semi-annual mail survey measuring occupational employment and wage rates for wage and salary workers in nonfarm establishments in Nevada and all states. Statewide, the average hourly wage is $ This compares to $23.23 in the nation as a whole. As for Nevada s metropolitan areas, both Carson City ($22.23/hr.) and Reno ($21.35/hr.) have mean wages above the Statewide norm. Las Vegas, at $20.23/hr., comes in below. The highest median wage is found in a group of rural counties (Elko, Esmeralda, Eureka, Humboldt, Lander, Lincoln, Nye, Pershing and White Pine) including our northeastern counties with a heavy mining presence. As a group, this region has a median wage of $23.09/hr. Although county-specific information for the region is not available, those counties where mining plays a significant role in the economy certainly have higher wages. A group of west central counties (Churchill, Douglas, Lyon and Mineral), at $20.23/ hr., come in just below the Statewide mean. Following continuing reductions in the Statewide unemployment rate, all three metro areas saw over-the-year declines in unemployment of over one percent in April. In Las Vegas, the jobless rate held steady over the month at 4.8 percent, down 1.2 percentage points from April of last year 2. The jobless rate in Reno/Sparks, at 3.9 percent in April, is below four percent for the first time since This is a decline of 0.3 percentage point from March and 1.4 percentage ² The State s seasonally adjusted unemployment rate is 4.7 in April, down from 4.8 percent in March and down from 5.9 percent in April 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 4.6 in April, down from 4.7 in March and down from 5.9 percent in April 2016.

4 points from the same time last year. Carson City saw the largest over-the-year decline, of 1.5 percentage points, with unemployment at five percent in April. 8.0% 7.0% Unemployment Rates by Metro Area 6.0% This month, all 17 of Nevada s counties saw declines in unemployment over the year, ranging from 2.2 percentage points 5.0% (Storey) to 0.7 percentage point 4.0% (White Pine). Lyon and Lander counties also saw large declines, 3.0% of 2.1 and two percentage points, respectively. Six counties (Eureka, Esmeralda, Elko, Humboldt, Washoe, and Lincoln) have unemployment rates below four percent in April. Nye, Lyon, and Mineral counties have the highest jobless rates, ranging from six percent to 5.5 percent in April. Unemployment Insurance Initial Claims By County April 2017 (Year-to-Date) Change Clark 37,750 41,396-3,646 Washoe 6,989 7, Elko Carson City 996 1, Lyon 982 1, Humboldt Douglas Nye Lander Pershing Mineral Churchill Eureka Lincoln Esmeralda White Pine Storey *County level totals are not directly comparable to Statewide monthly totals due to reporting differences. unemployment rate M J J A S O N D J F M A M J J A S O N D J F M A '15 '16 '17 Las Vegas Reno Carson City Initial claims for unemployment insurance at the county level continue to reflect the declines seen Statewide. Through April, 15 of Nevada s 17 counties have seen year-todate declines in the number of initial claims. Twelve of those counties have seen declines of ten percent or more. On a nominal basis, Clark County has seen the largest decline, with 3,650 fewer claims than last year. This is followed by Washoe, which has 590 fewer claims year-to-date, and Elko which has 200 fewer initial claims. Only two counties, Storey and White Pine, have seen increases in claims compared to last year. Year-to-date online job posting activity is up in 13 of 17 counties in April 3. Churchill is the lone rural county with a year-to-date job posting deficit (-170) from the same time last year. Douglas has seen the largest positive nominal change over last year, with 530 more online postings year-to-date. Elko (+470), Nye (+340), and White Pine (+250) have also shown nota- 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.

5 ble gains. All metro areas in the State realized over-the-year declines in job postings. Clark post- Lyon Nye ed over 48,500 ads for jobs, which Mineral Storey summed to 5,500 less than last Carson City year. Washoe recorded 12,000 Clark Douglas and Carson City posted 2,700 job Nevada ads this month. From the same Lander Pershing period last April, job ads declined Churchill by 2,300 in Washoe and were 140 White Pine less in Carson City. Nationally, Washoe Lincoln online job ads have decreased by Humboldt ten percent year to date. Some Elko Esmeralda of this difference is likely attributable to Craigslist, a major source Eureka of online job ads, expanding job posting fees to all of their U.S. markets. Despite the decline in job ad volume in the large metro areas, we are encouraged by the growth of online job postings in many of Nevada s rural counties. Science, Technology, Engineering and Math (STEM) occupations, including clinical Online Job Posting Activity by County April 2017 (Year-to-Date) Change Douglas 1,666 1, Elko 2,357 1, Nye White Pine Lincoln Lyon Esmeralda Mineral Humboldt Eureka Pershing Storey Lander Carson City 2,662 2, Churchill Washoe 11,984 14,332-2,348 Clark 48,528 54,023-5,495 Unemployment Rates by County 0% 1% 2% 3% 4% 5% 6% 7% unemployment rate healthcare jobs that require science training, made up about 32 percent of online job ad volume in the United States from January through April of this year. In Nevada, those same STEM occupations comprised about 30 percent of all online job ads. In three of Nevada s rural counties (Lincoln, Esmeralda, and Eureka), over half of job postings were for STEM occupations. The majority of these were in the healthcare field. Clark County was the only major population center to surpass the Statewide average, at just over 30 percent. Carson City stands just below the State, with just under 30 percent of ads being for these STEM occupations. Washoe had the lowest portion amongst the metro areas, at just 24 percent.

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

7 Lincoln and Nye Have Highest Concentration of Retail Trade Employment; Metro Areas Match National Average Lincoln Nye Churchill Humboldt Clark Elko Nevada Douglas Lyon Washoe Carson City Pershing White Pine Mineral Lander Esmeralda Storey Eureka location quotient (1.0 = national average) The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency

8 Average Hourly Wages in Nevada Trail Slightly Behind National Average; Highest Wages in State Found in Rural/Mining Counties United States Balance of State (e.g. northeastern mining counties, several other rural counties) Carson City Reno Nevada West Central Counties Las Vegas $18.50 $19.00 $19.50 $20.00 $20.50 $21.00 $21.50 $22.00 $22.50 $23.00 $23.50 mean hourly wage The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency

9 STEM Occupations Comprise 30% of Online Job Ads in Nevada Lincoln Esmeralda Eureka Mineral White Pine Humboldt Nye Pershing Storey Lander Elko U.S. Clark Nevada Carson City Churchill Lyon Washoe Douglas 0% 10% 20% 30% 40% 50% 60% 70% share of job ads for STEM occupations, year-to-date The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency

10 2017 NEVNEVADA (Estimates Employment & Unemployment April 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) 4.7% Nevada 4.6% Las Vegas MSA 4.8% Reno\Sparks MSA 3.9% Carson City MSA 5.0% 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)

11 Nevada Labor Force and Unemployment (Estimates In Thousands) LABOR FORCE SUMMARY Apr-17 Apr-16 CHANGE % CHANGE Mar-17 NEVADA STATEWIDE Seasonally Adjusted LABOR FORCE % EMPLOYMENT % UNEMPLOYMENT % 68.5 UNEMPLOYMENT RATE 4.7% 5.9% % NEVADA STATEWIDE LABOR FORCE % EMPLOYMENT % UNEMPLOYMENT % 67.6 UNEMPLOYMENT RATE 4.6% 5.9% % Las Vegas-Paradise MSA Includes Clark County LABOR FORCE % EMPLOYMENT % UNEMPLOYMENT % 50.5 UNEMPLOYMENT RATE 4.8% 6.0% % Reno-Sparks MSA Carson City MSA Includes Washoe and Storey Counties LABOR FORCE % EMPLOYMENT % UNEMPLOYMENT % 9.9 UNEMPLOYMENT RATE 3.9% 5.3% % LABOR FORCE % 24.6 EMPLOYMENT % 23.3 UNEMPLOYMENT % 1.3 UNEMPLOYMENT RATE 5.0% 6.5% % 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

12 Establishment Based Industrial Employment Nevada - Seasonally Adjusted (Estimates In Thousands) Apr-17 Apr-16 CHANGE % CHANGE Mar % Nevada- Non-Seasonally Adjusted Apr-17 Apr-16 CHANGE % CHANGE Mar % Las Vegas-Paradise MSA * Apr-17 Apr-16 CHANGE % CHANGE Mar % Reno/Sparks MSA * Apr-17 Apr-16 CHANGE % CHANGE Mar % Carson City MSA * Apr-17 Apr-16 CHANGE % CHANGE Mar % 29 * Seasonally Adjusted

13 Las Vegas-Paradise MSA Includes Clark County (Estimates In Thousands) ESTABLISHMENT BASED INDUSTRIAL EMPLOYMENT Apr-17 Apr-16 CHANGE % CHANGE Mar % Goods Producing % 81.7 Natural Resources & Mining % 0.3 Construction % 59.1 Construction of Buildings % 8.8 Specialty Trade Contractors % 44.9 Building Foundation & Exterior Contractors % 11.0 Building Finishing Contractors % 12.2 Manufacturing % 22.3 Durable Goods % 12.6 Other Miscellaneous Manufacturing % 4.1 Non-durable Goods % 9.7 Service Providing % Private Service Providing % Trade, Transportation & Utilities % Wholesale % 21.6 Retail % Food & Beverage Stores % 17.4 Health and Personal Care Stores % 7.7 Trans, Warehousing & Utilities % 40.2 Utilities % 2.6 Transportation & Warehousing % 37.6 Air % 6.5 Transit and Ground Passenger % 13.6 Taxi and Limousine Service % 9.9 Information % 10.8 Telecomunications % 2.8 Financial Activites % 49.9 Finance and Insurance % 27.5 Credit Intermediation & Related % 15.5 Real Estate and Rental and Leasing % 22.4 Professional & Business Services % Professional, Scientific and Technical % 40.5 Management of Companies % 19.6 Administrative & Support and Waste Mgt % 77.6 Administative and Support Services % 75.6 Employment Services % 14.3 Other Support Services % 10.9 Education and Health Services % 93.7 Health Care and Social Assistance % 84.6 Ambulatory Health Care Services % 38.9 Hospitals % 20.8 Leisure and Hospitality % Arts, Entertainment and Recreation % 21.4 Accommodation and Food Service % Accommodation % Casino Hotels and Gaming % Casino Hotels % Gaming Industries % 5.0 Food Services and Drinking Places % Full-Service Restaurants % 49.7 Limited-Service Restaurants % 37.1 Other Services % 31.6 Government % Federal % 12.8 State % 20.4 Local % 70.7 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.

14 Reno-Sparks MSA Includes Washoe and Storey Counties (Estimates In Thousands) ESTABLISHMENT BASED INDUSTRIAL EMPLOYMENT Apr-17 Apr-16 CHANGE % CHANGE Mar % Goods Producing % 28.4 Natural Resources & Mining % 0.2 Construction % 13.6 Manufacturing % 14.6 Miscellaneous Manufacturing % 2.4 Service Providing % Private Service Providing % Trade, Transportation & Utilities % 50.4 Wholesale % 9.1 Retail % 23.1 Food & Beverage Stores % 3.2 Trans, Warehousing & Utilities % 18.2 Information % 2.2 Financial Activities % 10.4 Finance and Insurance % 6.3 Professional & Business Services % 30.3 Administrative & Support and Waste Mgt % 16.6 Education and Health Services % 26.1 Leisure and Hospitality % 37.6 Accommodation and Food Service % 31.7 Accommodation % 15.4 Casino Hotels % 14.3 Food Services and Drinking Places % 16.3 Other Services % 6.0 Government % 31.3 Federal % 3.7 State % 11.1 Local % 16.5 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.

15 ESTABLISHMENT BASED INDUSTRIAL EMPLOYMENT Apr-17 Apr-16 CHANGE % CHANGE Mar-17 Goods Producing % % 3.6 Manufacturing % 2.5 Service Providing % 25.1 Private Service Providing % 15.6 Trade, Transportation & Utilities % 3.9 Retail % 3.1 Professional & Business Services % 1.9 Leisure and Hospitality % 3.5 Government % 9.5 Federal % 0.5 State % 7.0 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.

16 2017 Industrial Employment- Seasonally Adjusted (Estimates In Thousands) Nevada Statewide Estimates in thousands JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVERAGE Nevada Statewide (NSA) Estimates in thousands JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVERAGE Las Vegas MSA Estimates in thousands JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AVERAGE Estimates in thousands Estimates in thousands Reno/Sparks MSA Carson City MSA AVERAGE AVERAGE May-17 This information is embargoes until officially released May 16, 2014 (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.

17 Las Vegas-Paradise MSA 2017 Industrial Employment ands) Estimates in thousands JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 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. Apr-17

18 Reno-Sparks MSA 2017 Industrial Employment ands) Estimates in thousands JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 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. Apr-17

19 Carson City MSA 2017 Industrial Employment ands) Estimates in thousands JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 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. Apr-17 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 NEVADA 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% 4.8% NEVADA- NSA LABOR FORCE EMPLOYMENT 1/ UNEMPLOYMENT UNEMPLOYMENT RATE 5.1% 5.1% 4.7% 4.6% 4.9% LAS VEGAS MSA 2/ LABOR FORCE EMPLOYMENT 1/ UNEMPLOYMENT UNEMPLOYMENT RATE 5.1% 5.1% 4.8% 4.8% 4.9% RENO MSA 3/ LABOR FORCE EMPLOYMENT 1/ UNEMPLOYMENT UNEMPLOYMENT RATE 4.8% 4.6% 4.2% 3.9% 4.4% CARSON CITY MSA 4/ LABOR FORCE EMPLOYMENT 1/ UNEMPLOYMENT UNEMPLOYMENT RATE 5.9% 6.0% 5.2% 5.0% 5.6% ELKO MICROPOLITAN AREA 5/ LABOR FORCE EMPLOYMENT 1/ UNEMPLOYMENT UNEMPLOYMENT RATE 4.3% 4.0% 3.6% 3.5% 3.8% 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

21 2017 NEVADA 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 24,593 24,697 EMPLOYMENT 23,146 23,463 23,344 23,373 23,332 UNEMPLOYMENT 1,460 1,494 1,287 1,220 1,365 UNEMPLOYMENT RATE 5.9% 6.0% 5.2% 5.0% 5.5% CHURCHILL COUNTY LABOR FORCE 10,078 10,378 11,124 10,470 10,513 EMPLOYMENT 9,523 9,879 10,654 10,050 10,027 UNEMPLOYMENT UNEMPLOYMENT RATE 5.5% 4.8% 4.2% 4.0% 4.6% CLARK COUNTY LABOR FORCE 1,053,024 1,058,742 1,053,288 1,060,132 1,056,297 EMPLOYMENT 999,409 1,004,557 1,002,754 1,009,488 1,004,052 UNEMPLOYMENT 53,615 54,185 50,534 50,644 52,245 UNEMPLOYMENT RATE 5.1% 5.1% 4.8% 4.8% 4.9% DOUGLAS COUNTY LABOR FORCE 22,636 22,956 22,303 21,929 22,456 EMPLOYMENT 21,444 21,748 21,216 20,896 21,326 UNEMPLOYMENT 1,192 1,208 1,087 1,033 1,130 UNEMPLOYMENT RATE 5.3% 5.3% 4.9% 4.7% 5.0% ELKO COUNTY LABOR FORCE 26,872 27,279 27,341 26,690 27,046 EMPLOYMENT 25,723 26,179 26,332 25,761 25,999 UNEMPLOYMENT 1,149 1,100 1, ,047 UNEMPLOYMENT RATE 4.3% 4.0% 3.7% 3.5% 3.9% Note: Unemployment rates are based on unrounded data. Employment adjusted by census relationships to reflect number of persons by place of residence.

22 2017 NEVADA 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% 3.3% EUREKA COUNTY LABOR FORCE 927 1,074 1,372 1,134 1,127 EMPLOYMENT 888 1,033 1,337 1,100 1,090 UNEMPLOYMENT UNEMPLOYMENT RATE 4.2% 3.8% 2.6% 3.0% 3.3% HUMBOLDT COUNTY LABOR FORCE 7,806 8,193 8,879 8,247 8,281 EMPLOYMENT 7,430 7,808 8,523 7,933 7,924 UNEMPLOYMENT UNEMPLOYMENT RATE 4.8% 4.7% 4.0% 3.8% 4.3% LANDER COUNTY LABOR FORCE 3,086 3,180 3,272 3,098 3,159 EMPLOYMENT 2,900 3,007 3,118 2,963 2,997 UNEMPLOYMENT UNEMPLOYMENT RATE 6.0% 5.4% 4.7% 4.4% 5.1% LINCOLN COUNTY LABOR FORCE 1,912 2,028 2,242 2,052 2,059 EMPLOYMENT 1,814 1,928 2,156 1,972 1,968 UNEMPLOYMENT UNEMPLOYMENT RATE 5.1% 4.9% 3.8% 3.9% 4.4% Note: Unemployment rates are based on unrounded data. Employment adjusted by census relationships to reflect number of persons by place of residence.

23 2017 NEVADA 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 21,037 21,196 EMPLOYMENT 19,446 19,830 20,196 19,842 19,829 UNEMPLOYMENT 1,506 1,476 1,292 1,195 1,367 UNEMPLOYMENT RATE 7.2% 6.9% 6.0% 5.7% 6.5% MINERAL COUNTY LABOR FORCE 1,981 1,981 1,979 1,970 1,978 EMPLOYMENT 1,868 1,865 1,871 1,862 1,867 UNEMPLOYMENT UNEMPLOYMENT RATE 5.7% 5.9% 5.5% 5.5% 5.6% NYE COUNTY LABOR FORCE 15,633 15,847 16,319 16,137 15,984 EMPLOYMENT 14,617 14,828 15,346 15,169 14,990 UNEMPLOYMENT 1,016 1, UNEMPLOYMENT RATE 6.5% 6.4% 6.0% 6.0% 6.2% PERSHING COUNTY LABOR FORCE 2,316 2,473 2,808 2,515 2,528 EMPLOYMENT 2,187 2,337 2,685 2,404 2,403 UNEMPLOYMENT UNEMPLOYMENT RATE 5.6% 5.5% 4.4% 4.4% 4.9% STOREY COUNTY LABOR FORCE 1,896 1,928 1,899 1,902 1,906 EMPLOYMENT 1,789 1,814 1,801 1,807 1,803 UNEMPLOYMENT UNEMPLOYMENT RATE 5.6% 5.9% 5.2% 5.0% 5.4% Note: Unemployment rates are based on unrounded data. Employment adjusted by census relationships to reflect number of persons by place of residence.

24 2017 NEVADA 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, , , , ,991 EMPLOYMENT 218, , , , ,880 UNEMPLOYMENT 10,903 10,696 9,754 9,091 10,111 UNEMPLOYMENT RATE 4.8% 4.6% 4.2% 3.9% 4.4% WHITE PINE COUNTY LABOR FORCE 4,546 4,613 4,545 4,456 4,540 EMPLOYMENT 4,344 4,413 4,362 4,278 4,349 UNEMPLOYMENT UNEMPLOYMENT RATE 4.4% 4.3% 4.0% 4.0% 4.2% Note: Unemployment rates are based on unrounded data. Employment adjusted by census relationships to reflect number of persons by place of residence.