Nevada unemployment rate dips slightly in July

Nevada’s occupation marketplace continued its yearlong pandemic rebound during July, the authorities employment section reported.

The statewide unemployment complaint dipped to 7.7 percent past month, down a tick from 7.8 percent successful June, according to a study Thursday from the Department of Employment, Training and Rehabilitation. Nevada’s unemployment complaint successful July 2020 was 16.6 percent.

Unemployment rates passim the twelvemonth person fallen since a precocious of 8.5 percent successful January.

Nevada added 4,800 jobs crossed the authorities past period and present has recovered astir 68 percent of jobs mislaid during the recession. Overall employment has grown to wrong 92 percent of the pre-recession peak, the section said successful its monthly jobless report.

Chief Economist David Schmidt said the numbers supply the champion look truthful acold astatine the gait of employment betterment since the authorities afloat relaxed COVID-19 concern restrictions successful June.

“While July information is positive, determination is inactive important disruption to the system arsenic businesses and labour unit question to retrieve from the effects of the pandemic,” helium said, adding that caller COVID-19 variants inactive airs important hurdles for the state’s system recovery.

Some industries person exceeded their pre-recession highest employment portion others stay importantly lower, Schmidt said.

The casino-hotel manufacture is 62 percent recovered but remains down 67,000 jobs, portion nutrient services is 97 percent recovered and retail commercialized employment is present 100 percent, helium said.

Nevada’s unemployment complaint continued to transcend the nationalist mean past period of 5.4 percent. In June, Nevada trailed lone Connecticut and New Mexico — each astatine 7.9 percent — among states with the highest unemployment rate.

Total employment successful Nevada past period reached 1.3 million, the section said.

Las Vegas employment accrued by 6,500 jobs successful July, oregon an summation of 0.7 percent implicit June. Local employment past period totaled 72,200 much jobs than successful July 2020.

Contact Mike Shoro astatine mshoro@reviewjournal.com. Follow @mike_shoro connected Twitter. The Associated Press contributed to this report.