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Nevada's unemployment rate dropped slightly last month.
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Nevada's July jobs report shows gains in Reno and across the state, but the labor market also saw shifts.
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Inflation has exceeded the Fed’s 2% target since early 2021 when the U.S. economy overheated as it roared back from COVID-19 lockdowns.
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It's also well below the 215,000 new applications forecast by analysts surveyed by the data firm FactSet.
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The seasonally adjusted total number of nonfarm jobs in Nevada was 1,614,100, an increase of 2.3% over the past year and an increase of 3,800 jobs since May 2026.
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Home sales have been mostly hovering close to a 4-million annual pace going back to 2023.
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A new senior living complex offers dozens of one and two bedroom units, some reserved for affordable housing.
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Weekly jobless aid applications have stabilized in a range mostly between 200,000 and 250,000 since the economy emerged from the pandemic.
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U.S. employers posted 7.6 million job vacancies in April, up from 6.9 million in March and most since May 2024.
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The index follows a separate gauge of consumer sentiment released last week by the University of Michigan, which fell to a record low this month.