Nevada Unemployment

According to the BLS current population survey (CPS), the unemployment rate for Nevada fell 0.0 percentage points in May 2023 to 5.4%. The state unemployment rate was 1.7 percentage points higher than the national rate for the month. The unemployment rate in Nevada peaked in April 2020 at 30.6% and is now 25.2 percentage points lower. From a post peak low of 5.2% in April 2022, the unemployment rate has now grown by 0.2 percentage points. You can also see Nevada unemployment compared to other states.

Unemployment Rate	May 2023	Month/Month	Year/Year
National	3.7%	+0.3	+0.1
Nevada	5.4%	0.0	+0.2

Note: All comparisons are made with May data as June state level unemployment data has not yet been released.

Unemployment Rate: Nevada, National

Nevada monthly unemployment rate chart from 1990 to May 2023

Note: Recessions shown in gray

Nevada Unemployed

The number of people unemployed in Nevada peaked in April 2020 at 450,178. There are now 365,026 fewer people unemployed in the state. From a recent trough of 80,660 in March 2022, the number of unemployed has now grown by 4,492. Nevada job growth data is also available.

Unemployed Persons	May 2023	Month/Month	Year/Year
Nevada	85,152	-573	+4,212

Number of Unemployed Persons