Overall unemployment rate moved up to 5.7% with the biggest shift in Restaurants & Hotels, which lost 6,300 roles, based on the most recently available information published in September 2022.

Total employment in the Las Vegas-Henderson-Paradise, NV market rose by 18,420 jobs in August and the unemployment rate increased compared to the prior month by 10 bps to 5.7%. The national unemployment rate stayed flat over the same time period at 3.8%.

  • Las Vegas-Henderson-Paradise, NV unemployment rate is 191 bps above the national rate which is a negative sign.
  • Unemployment in the market is 200 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in August versus prior month by 5.7% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Las Vegas-Henderson-Paradise, NV Unemployment August 2022

For key employment segments of the market, total jobs stayed flat. Key sectors include:

  • Restaurants & Hotels: 274,900; -6,300
  • Transportation & Utilities: 208,300; +1,100
  • Business Services: 157,900; -700
  • Education & Healthcare: 113,400; +1,200
  • Government: 101,700; +3,100
  • Construction, Mining: 76,300; +900
  • Financial Services: 58,300; +300
  • Manufacturing: 29,300; +400
  • Other Jobs: 29,200; no change
  • IT & Development: 11,400; -100
Las Vegas-Henderson-Paradise, NV Unemployment by Industry August 2022

Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.