Nevada adds 4,700 jobs in July
August 17, 2016 - 3:39 pm
Nevada added 4,700 jobs in July, standing 31,900 higher than a year ago, officials from the state Department of Employment, Training and Rehabilitation said on Wednesday.
Job growth in Nevada has outpaced the nation, according to Bill Anderson, chief economist for the employment department. The trade/transportation/utilities supersector has experienced the most nominal growth so far in 2016, adding 9,100 jobs year-to-date, Anderson said in a statement.
The construction and healthcare sectors added 6,400 and 5,500 jobs respectively.
The employment rate inched up to a seasonally adjusted 6.5 percent but continues to be down over the year.
“Our expectations are that, once the annual benchmark (revision) process is complete in early-2017, updated estimates will likely show the opposite is more accurate, and that the unemployment rate is, in fact, trending down, as it has since 2011, alongside an improving employment situation,” said Anderson in a statement.
Gov. Brian Sandoval added in a statement, “The private sector continues to increase employment opportunities. … Despite this significant progress, our unemployment rate is still too high and we will continue our efforts so that more businesses can create jobs and every Nevadan who wants a full-time job can find one.”
Contact Alexander S. Corey at acorey@reviewjournal.com or 702-383-0270. Find @acoreynews on Twitter.