7/19/2021

Nevada Unemployment Rate

  • 7.8% unemployment rate (seasonally adjusted) in June 2021, unchanged from April 2021.

  • Down from 15.4% in June 2020

Nevada vs. US Unmployment Rate

  • Gap of 1.9 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

Unemployment Insurance Activity

June 2021 Unemployment Insurance Activity
Measure May 2021 May 2020 % change April 2021 % change 12 month
average
Initial Claims 15,401 74,469 −79.3% 40,858 −62.3% 40,170
Weeks Claimed 313,562 1,571,599 −80.0% 305,622 2.6% 598,255
Weeks Compensated 178,945 1,436,268 −87.5% 264,361 −32.3% 565,100
Amount Compensated $83,303,613 $497,384,019 −83.3% $89,861,755 −7.3% $189,588,362
Weeks Compensated Total Unemployment 165,345 1,356,445 −87.8% 236,634 −30.1% 473,465
Amount Compensated Total Unemployment $74,523,297 $481,125,469 −84.5% $80,540,080 −7.5% $170,153,940
First Payments 10,108 75,542 −86.6% 32,490 −68.9% 18,923
Final Payments (Exhaustions) 4,275 3,037 40.8% 5,122 −16.5% 18,084
Average Weekly Benefit $450.71 $354.70 27.1% $340.36 32.4% $368.39
Average Duration (in weeks) 25.02 8.00 212.7% 23.50 6.5% 16.08
Exhaustion Rate 47.63% 38.16% 24.8% 47.72% −0.2% 57.85%
Source: ETA 5159

Unemployment Insurance Activity

Unemployment Insurance Activity

Unemployment Insurance Trust Fund

Current Employment Statistics

  • Total Employment of 1,336,000 in June 2021.

  • Nonfarm job levels up 138,700 or 11.6% over the year.

Current Employment Statistics

  • Annual employment change declined by 5.7% nationally while the Silver State saw a increase of 11.6% over the same time.

  • The 5.9 percentage point gap between Nevada and the US in May 2021 ends a trend that began in February 2020 where national job growth outpaced that of the Silver State.

Current Employment Statistics

Current Employment Statistics

  • Total nonfarm employment increased by 11.6% over the year.

  • June represents the second month since April 2020 where job levels were above the previous year’s level.

Current Employment Statistics