According to data from the U.S. Bureau of Labor Statistics (BLS), Nevada experienced the third-largest drop in labor force participation among all states following the COVID-19 pandemic. To better understand why Nevada experienced this drop—and how Nevada’s labor force participation rate ranks compared to other states—the University of Nevada, Las Vegas (UNLV) Lee Business School’s Center for Business and Economic Research (CBER) and Kenny Guinn Center for Policy Priorities have compiled a joint report analyzing relevant economic indicators and other considerations framed within the context of labor force participation. This includes Nevada’s concentration on its leisure and hospitality sector, comparatively low wages in key industries, lower rates of educational attainment, and an aging population. The analysis uses, in part, data from the Nevada P-20 to Workforce Research Data System (NPWR).
To read the full report, please click here.