Overall unemployment rate moved down to 5.0% with the biggest shift in Business Services, which gained 4,800 roles, based on the most recently available information published in April 2022.

Total employment in the Las Vegas-Henderson-Paradise, NV market declined by 227 jobs in March and the unemployment rate decreased compared to the prior month by 30 bps to 5.0%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.

  • Las Vegas-Henderson-Paradise, NV unemployment rate is 125 bps above the national rate which is a negative sign.
  • Unemployment in the market is 530 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in March versus prior month by 8.9% and are up 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 March 2022

For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:

  • Restaurants & Hotels: 267,700; +1,800
  • Transportation & Utilities: 203,900; -1,600
  • Business Services: 157,100; +4,800
  • Education & Healthcare: 110,700; -1,300
  • Government: 105,600; +100
  • Construction, Mining: 71,300; +2,300
  • Financial Services: 56,700; -400
  • Other Jobs: 28,900; -200
  • Manufacturing: 27,100; +200
  • IT & Development: 11,500; no change
Las Vegas-Henderson-Paradise, NV Unemployment by Industry March 2022

Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.