Nevada’s Unemployment Rate Hits 5.4% as Las Vegas, Henderson, and North Las Vegas See Sharp Increases

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Las Vegas, Henderson, and North Las Vegas, Nevada’s three largest cities, all had considerable rises in their unemployment rates during July, which contributed to the worsening of the state’s unemployment rate.

The city of North Las Vegas continues to have the highest unemployment rate in the state of Nevada, which is at 7.8%. Henderson’s unemployment rate was 6.3%, which is a significant increase from 5.8% in June. Las Vegas’s unemployment rate was at 7.4%.

The state’s unemployment rate may have reclaimed its position as the highest in the country having increased to 5.4%.

In June, the United States Bureau of Labor Statistics conducted comparisons that revealed Nevada and California both have 5.2% unemployment rates. Not even Washington, District of Columbia, had a higher rate of 5.4%. Comparisons for July will not be accessible until the following month.

Initial claims for unemployment for the entire state have increased by 13.1% since June, reaching 13,195 now.

During July, the state of Nevada paid out $47.7 million in unemployment claims, which is 32% more than the average amount given out during the previous year.

The average unemployment rate in the Las Vegas metropolitan region was 6.7%, which is an increase from 6.2% in June. As of June, the number of persons without jobs in Nevada increased by 5,866, reaching 80,470, according to the Department of Employment, Training, and Rehabilitation.

In Las Vegas, there are presently 1,210,040 people who are actively seeking employment. This is an increase of 7,794 persons compared to the previous month and a rise of 21,796 since July 2023.

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