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Silver State Times

Wednesday, October 16, 2024

Sisolak on record job growth: ‘Nevada’s economy passed another benchmark’

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The state’s employment recovery is due to stronger employment gains in other industries other than hospitality, according to a chief economist. | Clark County, Nevada/Facebook

The state’s employment recovery is due to stronger employment gains in other industries other than hospitality, according to a chief economist. | Clark County, Nevada/Facebook

Governor Steve Sisolak recently announced that employment in the state has recovered beyond pre-pandemic levels.

According to a news release, Sisolak, along with the Department of Employment Training and Rehabilitation, reported that there were 1,452,600 jobs in the state during July.

“Nevada has never had more jobs than we do today, and we will keep working to keep Nevada moving forward,” Sisolak said in the release.

The record job growth accounts for 3,000 more than the previous high the state recorded in February 2020.

“Nevada’s economy passed another benchmark this month, recovering all of the jobs that were lost during the COVID pandemic and doing so in a way that has more Nevadans working in better-paying jobs than before the pandemic,” the governor said.

According to the Nevada government, the state is doing better than the rest of the country when it comes to job growth as the entire county is roughly 500,000 jobs short of pre-pandemic levels.

“This month, employment in Nevada reached a new milestone, reflecting the rapid growth employment the state has been experiencing as we recover from the COVID recession," Chief Economist David Schmidt said. "This also reflects the growing diversification of the state’s economy, as the leisure and hospitality sector is still 30,000 jobs below the peak. The state’s employment recovery is due to the stronger employment gains in other industries, which often pay significantly higher average wages.”

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