Nevada February Unemployment Rate of 5.1%, Steady Decline from Previous Month

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According to the Nevada Department of Employment, Training and Rehabilitation (DETR)'s February 2022 economic report, Nevada added 6,300 jobs over the month. Employment remains below typical levels, but is up 126,700 since February 2021, an annual increase of 9.7%. The total employment level in the state is 1,434,100. The state’s unemployment rate in February is 5.1%, decreased by 0.1 from 5.2% in January.

Las Vegas MSA employment increased by 7,600 jobs (0.7%) since January, an annual increase of 116,400 jobs (12.6%) since February 2021.

"Nevada's strong over-the-month employment growth in February was led by the Las Vegas Metropolitan Statistical Area, with the number of jobs up 0.7 percent since last month. The State’s unemployment rate continues a steady decline, down from 5.2 percent in January to 5.1 percent in February. The State’s labor market is continuing its recovery as we emerge from the COVID recession, particularly in the industries that were hit hardest by the pandemic,” said David Schmidt, Chief Economist.

To see additional labor market data view the department’s employment and unemployment dashboards located at www.nevadaworkforce.com.

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