Jul
3
Nevada’s Economy: Nevada Job Gains, Not as Bleak as They Appear

Nevada's Economy- Nevada Job Gains, Not as Bleak as They Appear

According to the establishment survey for employment, Nevada is experiencing fewer job gains than would be expected in this state of an economic recovery. Annualized data through May 2013 show employment growth of 0.2 percent. In comparison, the establishment survey showed annual employment growth of 1.0 and 2.6 percent in 2011 and 2012, respectively. For Nevada, growth of 0.2 percent would be the lowest growth of any non-recession year since 2000. With other economic indicators such as taxable sales and home prices pointing upward, should we believe the data?

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