Number of Employers in Nevada at Record High

CARSON CITY, NV— As of the fourth quarter of 2016, the number of employers registered in the unemployment insurance system totaled 67,700, setting a new record for the Silver State. The number of employers is up by 660, or 1 percent from the third quarter of 2016. Year-over-year, employer counts increased by 2,030, or 3 percent.

“From the recessionary low of 56,000, Nevada has seen the number of employers grow by 11,700, a 20.9 percent gain,” said Alessandro Capello, an economist with the Research and Analysis Bureau of Nevada’s Department of Employment, Training and Rehabilitation. “We have seen 22 consecutive quarters of year-over-year growth. The rise in the number of employers is on par with other positive indicators of the Silver State’s rebound from the economic downturn.”