If you’re looking for a job in the Las Vegas area, you’ll be happy to hear that the unemployment rate have been showing a steady decline. As of June 2015, the Las Vegas unemployment rate is 7%, 
which is a drastic improvement from the 8% in June 2014. While this is much higher than the national average of 5.5%, it certainly shows the economy appears to be on the upswing.
2015 Las Vegas Job Market Breakdown
At first glance, the breakdown of the current job market is notably similar to the pre-recession period in December 2007. The sectors with the highest levels of employment are still (in numerical order):
- Leisure and Hospitality
- Trade Transportation and Utility
- Professional and Business Services
- Government
- Education and Health Services
Las Vegas Job Outlook by Industry
As of December 2014, the leisure and hospitality industry has managed to retain the largest portion of the Las Vegas job market, but it needs to add 7,100 jobs to make a full recovery. It has been re-ignited relatively quickly due at least in part to growth in the Asian economy and a rekindled interest in baccarat and nightlife.
The area’s second largest industry — trade, transportation and utilities — has actually skyrocketed to 2,700 more jobs than its 2007 peak. This is at least partially due to an increased demand in retail, as Nevada continues to be a logistical hub to move products.
Business and professional services have also surpassed 2007 numbers, up a total of 4,200 jobs since December 2007. Many companies, such has Zappos, have chosen to make their headquarters or maintain a substantial presence in the area. Government jobs are down 3,400 from pre-recession days, while education and health service jobs are up by a hearty 20,900.
One notable area that has yet to bounce back is construction. The industry has dropped from the region’s fourth-largest private sector market, to the number six spot on the list. The number of jobs have increased by more than 18% over the past four years, but as a whole, is still less than half of what it was during its pre-recession peak. However, this number isn’t too alarming, as it is currently hovering around the national average.
Get a Fresh Start in Vegas
If you’re tired of being stuck in dead-end jobs, contact PrideStaff Las Vegas. We’re here to help you find the type of job that supports your career ambitions and paves the way for a bright future.
