December 2024 | Released January 28, 2025

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United States Employment Snapshot

• In December, among the 50 states and the District of Columbia unemployment fell in 7, rose in 25, and remained unchanged in 19.

• The highest unemployment rate was 5.7 percent in Nevada, and the lowest was 1.9 percent in South Dakota. Nationally, the unemployment rate fell by 0.1 percentage point to 4.1 percent.

• In December, payroll jobs rose in 43 states and fell in 7. The largest payroll job percent increase was 0.4 percent in Missouri. The largest payroll job percent decline was 0.2 percent in Vermont.

Nevada Employment Snapshot

• In December, Nevada added 5,300 net payroll jobs and the unemployment rate remained unchanged at 5.7 percent. In the prior month, Nevada lost 900 net payroll jobs.

• Over the past 12 months, Nevada added 10,600 net payroll jobs and the unemployment rate rose by 0.4 percentage points from 5.3 percent.

• Nationally, nonfarm payrolls rose by 256,000 in December, or 0.2 percent. Nevada is tied for 43rd in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• In December, Nevada’s private sector added 5,200 net private payroll jobs, and over the past 12 months it added 6,300 private payroll jobs. In the prior month, Nevada lost 2,000 net private payroll jobs.

• In December, employment in Nevada rose by 509, and over the past 12 months it rose by 3,044.

• Nevada’s labor force participation rate remained steady at 62.6 percent in December and is tied for 29th in the nation. In the past 12 months, the labor force participation rate has fallen by 0.2 percentage points.

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Nevada Payroll Employment

• Nevada added 5,300 net payroll jobs, or 0.3 percent, on a seasonally adjusted basis during December. In the prior month, Nevada lost 900 jobs. Nevada nonfarm payroll employment has increased in 6 of the past 12 months.

• Nationally, nonfarm payrolls rose by 256,000 in December, or 0.2 percent. Nevada is tied for 43rd in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• Nevada added 5,200 private sector jobs, or 0.4 percent. on a seasonally adjusted basis during December. In the prior month, Nevada lost 2,000 jobs. Nevada private sector payroll employment has increased in 7 of the past 12 months.

• Nationally, private sector payroll jobs rose by 223,000 jobs in December, or 0.2 percent. Nevada is tied for 45th in the nation for percentage gain in private sector payroll employment over the past 12 months.

• The best performing sectors on a seasonally adjusted basis during December were Professional and Business Services (3,600) and Construction (1,100).

• The poorest performing sectors during the month were Financial Activities (-300) and Trade, Transportation, and Utilities (-1,500).

• The best performing sectors during the last 12 months were Construction (7,300) and Education and Health Services (6,800).

• The poorest performing sectors during the last 12 months were Trade, Transportation, and Utilities (-3,500) and Professional and Business Services (-3,900).

Nevada Labor Force

The labor force participation rate is the percentage of the civilian noninstitutionalized population age 16 and older who are employed or actively looking for work.

• The labor force participation rate in Nevada remained unchanged at 62.6 percent in December.

• Nevada is tied for 29th in the nation.

• The 10-year high for the labor force participation rate in Nevada was 64.4 percent occurring in December 2019, and the 10-year low was 56.6 percent in May 2020.

• The national labor force participation rate remained steady at 62.5 percent in December.