Overall unemployment rate moved up to 5.2% with the biggest shift in Restaurants & Hotels, which gained 4,500 roles, based on the most recently available information published in June 2022.

Total employment in the Las Vegas-Henderson-Paradise, NV market rose by 9,039 jobs in May and the unemployment rate increased compared to the prior month by 20 bps to 5.2%. The national unemployment rate increased by 4 bps over the same time to 3.4%.

  • Las Vegas-Henderson-Paradise, NV unemployment rate is 182 bps above the national rate which is a negative sign.
  • Unemployment in the market is 360 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in May versus prior month by 8.1% 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 May 2022

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

  • Restaurants & Hotels: 273,500; +4,500
  • Transportation & Utilities: 206,300; +1,500
  • Business Services: 156,400; -2,300
  • Education & Healthcare: 111,600; +600
  • Government: 105,500; no change
  • Construction, Mining: 74,200; +1,800
  • Financial Services: 57,300; +200
  • Other Jobs: 28,900; +100
  • Manufacturing: 27,500; no change
  • IT & Development: 11,600; +200
Las Vegas-Henderson-Paradise, NV Unemployment by Industry May 2022

Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.