06/24/2025

Nevada Unemployment Rate

  • 5.5% unemployment rate (seasonally adjusted) in May 2025, down 0.1 percentage points from April 2025.

  • Unchanged from 5.5% in May 2024

Nevada vs. US Unemployment Rate

  • The gap between NV and US seasonally adjusted unemployment rates for May 2025 is 1.3 percentage points. The gap decreased by 0.1 percentage points from April 2025.

  • Nevada’s seasonally adjusted unemployment rate has exceeded that of the nation since July 2007.

Unemployment Insurance Activity

May 2025 Unemployment Insurance Activity
Measure May 2025 May 2024 % change April 2025 % change 12 month
average
Initial Claims 11,369 10,924 4.1% 11,770 −3.4% 11,758
Weeks Claimed 93,844 88,763 5.7% 96,786 −3.0% 103,766
Weeks Compensated 85,286 79,325 7.5% 88,851 −4.0% 94,438
Amount Compensated $39,286,850 $36,735,060 6.9% $40,663,279 −3.4% $43,498,445
Weeks Compensated Total Unemployment 75,568 72,886 3.7% 78,584 −3.8% 84,707
Amount Compensated Total Unemployment $36,631,681 $35,010,756 4.6% $37,929,607 −3.4% $40,821,637
First Payments 5,392 4,749 13.5% 5,374 0.3% 5,756
Final Payments (Exhaustions) 2,187 2,016 8.5% 2,342 −6.6% 2,350
Average Weekly Benefit $484.75 $480.35 0.9% $482.66 0.4% $481.70
Average Duration (in weeks) 14.72 14.18 3.8% 14.82 −0.7% 14.89
Exhaustion Rate 42.37% 36.20% 17.0% 42.09% 0.7% 40.44%
Source: ETA 5159

Unemployment Insurance Activity

Unemployment Insurance Activity

Unemployment Insurance Trust Fund

Current Employment Statistics

  • Total (Seasonally Adjusted) Employment: 1,580,400 in May 2025

  • Nonfarm job levels are up 9,900 or 0.6% over the year.

Current Employment Statistics

  • Employment grew by 1.10% nationally year-over-year, as of May 2025. While employment grew by 0.63% in Nevada over the same period.

  • Nevada’s employment growth year-over-year was below the growth of the United States by about 0.47 percentage points. Compared to April 2025, Nevada’s employment growth showed little to no change, with a marginal increase of less than 0.01 percentage points. While the United States’ employment growth decreased by about 0.04 percentage points over the same period.

Current Employment Statistics

Current Employment Statistics

  • May 2025 represents the 50th consecutive month where job levels were above the previous year’s level.

Current Population Survey (CPS)

Current Population Survey (CPS): Unemployment Rate by Education

12-Month Moving Average (MA) of Unemployment Rate Estimate by Educational Attainment
Educational Attainment May 2025 OTM Change in MA OTY Change in MA
Bachelor’s degree and higher 2.65% -0.12 -0.42
High school graduates, no college 5.76% -0.02 0.47
Less than a High school diploma 4.48% -0.1 -2.32
Some college or associate degree 3.89% -0.29 0.15
Notes:
1 Changes are measured in percentage points.
2 Positive changes are colored red to easily spot increases in the estimate of the unemployment rate.
Source:
Current Population Survey

CPS: Labor Force Statistics by Age Group

Employed Level,
12-Month Moving Average (MA)
Age Group May 2025* OTY Change*
16-19 46.08 -1.23
20-24 129.00 -10.03
25-34 343.75 11.66
35-44 368.33 22.33
45-54 329.83 13
55-64 249.08 -0.07
65+ 106.33 -7.03
* Values are reported in thousdandths of persons
Labor Force Participation Rate,
12-Month Moving Average (MA)
Age Group May 2025 OTY Change*
16-19 37.25% 2.9
20-24 76.13% -0.12
25-34 83.00% 0.65
35-44 84.33% 1.67
45-54 82.60% -1.64
55-64 67.55% 1.48
65+ 22.22% -0.76
* Values are reported in percentage points
Unemployment Rate,
12-Month Moving Average (MA)
Age Group May 2025 OTY Change*
16-19 21.77% 3.43
20-24 9.35% 1.3
25-34 5.95% 1.41
35-44 3.98% -1.83
45-54 3.30% -0.99
55-64 4.91% 0.18
65+ 15.73% 5.85
* Values are reported in percentage points

CPS: Labor Statistics by Gender and Race/Ethnicity (Ages 16+)

Employed Level,
12-Month Moving Average (MA)
Gender Race/Ethnicity* May 2025* OTY Change*
All All 1571.92 28.13
All Black 164.67 1.63
All Hispanic 517.67 56.32
All White 1177.25 39.12
Female All 727.58 8.87
Female Black 80.17 -0.39
Female Hispanic 219.83 8.36
Female White 529.75 9.8
Male All 844.50 19.53
Male Black 84.50 1.93
Male Hispanic 297.92 47.97
Male White 647.50 29.34
* Values are reported in thousdandths of persons
Labor Force Participation Rate,
12-Month Moving Average (MA)
Gender Race/Ethnicity May 2025 OTY Change*
All All 63.25% 0.35
All Black 67.70% 3.29
All Hispanic 69.99% -0.66
All White 63.03% 0.09
Female All 58.33% 0.35
Female Black 67.58% 3
Female Hispanic 62.45% -1.88
Female White 57.18% 0.02
Male All 68.24% 0.38
Male Black 68.48% 1.63
Male Hispanic 76.92% -0.23
Male White 68.79% 0.08
* Values are reported in percentage points
Unemployement Rate,
12-Month Moving Average (MA)
Gender Race/Ethnicity May 2025 OTY Change*
All All 5.07% 0.2
All Black 7.96% 1.94
All Hispanic 5.30% 0.27
All White 4.81% 0.57
Female All 5.28% 0.97
Female Black 8.00% -0.23
Female Hispanic 5.62% 0.59
Female White 5.20% 1.45
Male All 4.86% -0.49
Male Black 8.94% 1.75
Male Hispanic 4.98% 0
Male White 4.46% -0.21
* Values are reported in percentage points