5.0% unemployment rate (seasonally adjusted) in March 2022, down 0.1 percentage point from February 2022.
Down from 9.2% in March 2021
4/15/2021
Nevada Unemployment Rate
Nevada vs. US Unemployment Rate
Gap of 1.4 percentage points between Nevada and US compares with .1 in January 2020
Nevada’s seasonally adjusted unemployment rate has exceeded that of the nation since July 2007.
Unemployment Insurance Activity
| March 2022 Unemployment Insurance Activity | ||||||
|---|---|---|---|---|---|---|
| Measure | March 2022 | March 2021 | % change | February 2022 | % change | 12 month average |
| Initial Claims | 8,055 | 42,498 | −81.0% | 8,155 | −1.2% | 12,266 |
| Weeks Claimed | 58,508 | 286,386 | −79.6% | 65,279 | −10.4% | 151,433 |
| Weeks Compensated | 47,905 | 254,728 | −81.2% | 50,332 | −4.8% | 113,883 |
| Amount Compensated | $17,182,943 | $81,540,355 | −78.9% | $17,963,871 | −4.3% | $42,895,664 |
| Weeks Compensated Total Unemployment | 41,236 | 208,446 | −80.2% | 42,472 | −2.9% | 101,759 |
| Amount Compensated Total Unemployment | $15,920,208 | $72,532,864 | −78.1% | $16,441,008 | −3.2% | $38,624,831 |
| First Payments | 3,521 | 24,743 | −85.8% | 2,928 | 20.3% | 7,326 |
| Final Payments (Exhaustions) | 1,354 | 9,018 | −85.0% | 1,759 | −23.0% | 3,524 |
| Average Weekly Benefit | $386.08 | $347.97 | 11.0% | $387.10 | −0.3% | $378.63 |
| Average Duration (in weeks) | 13.89 | 17.18 | −19.1% | 12.72 | 9.2% | 17.61 |
| Exhaustion Rate | 29.47% | 48.03% | −38.6% | 33.35% | −11.6% | 38.88% |
| Source: ETA 5159 | ||||||
Unemployment Insurance Activity
Unemployment Insurance Activity
Unemployment Insurance Trust Fund
Current Employment Statistics
Total Employment of 1,440,400 in March 2022.
Nonfarm job levels up 120,600 or 9.1% over the year.
Current Employment Statistics
Annual employment change increased by 4.5% nationally while the Silver State saw a increase of 9.1% over the same time.
The 4.6 percentage point gap between Nevada and the US in March 2022 is in contrast to a trend that began in April 2020 and ended in March 2021 where national job growth outpaced that of the Silver State.
Current Employment Statistics
Current Employment Statistics
Total nonfarm employment increased by 9.1% over the year.
March represents the thirteenth consecutive where job levels were above the previous year’s level.
Current Employment Statistics
