1. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Nevada Labor Market Briefing Department of Employment. Training & Rehabilitation Don Soderberg, Director Dennis Perea, Deputy Director Bill Anderson, Chief Economist David Schmidt, Supervising Economist Prepared by the Research and Analysis Bureau for Presentation to the ESD Leadership

2. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Unemployment Rate at 7.1% for 4 th -Straight Month; Labor Force is Surging NV vs. the U.S. Unemployment Rate (SA)

3. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency No. of Long-Term Unemployed Peaked at 93,000; Currently Under 40,000 Number of Unemployed for 27+ Weeks (12-mo. avg.)

4. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Only DC has a Higher Unemployment Rate than Nevada Unemployment Rate Rankings (SA)

5. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Including Discouraged Workers Adds 0.6 Point to the “Official” Rate Alternative Measures Of Labor Underutilization

6. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Job Levels Surge in April; Highest Since September 2008 Nonfarm Jobs in Nevada (SA)

7. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Job Levels up 41,100 from Year-Ago; Growth Rebounds from February and March Job Growth (SA; year-over-year)

8. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Job Gains>Losses in 16 Straight Qtrs. Business Employment Dynamics: Private Sector Gross Job Gains vs. Gross Job Losses (SA)

9. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Opening Gains>Closing Losses Last 12 Qtrs. Business Employment Dynamics: Gross Job Gains vs. Gross Losses in New & Closing Establishments (SA)

10. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Close to 100K New Private Sector Jobs Over 2010-2014; Trending 39K Higher This Year Nevada Job Growth Since 2010

11. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency 9,000 Full-Time Nevada Job Postings vs. 1,100 Part-Time Ads Online Job Postings in Nevada (April info from Burning Glass/Labor Insight)

12. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Full-Time Employment Continues to Trend Up; Part-Time Remains Steady Full-Time vs. Part-Time Employment (CPS data; 12-month moving average)

13. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency NV Job Growth Exceeds Nation in 33 Straight Months; 3.4% vs. 2.2% in April Job Growth (year-over-year)

14. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Job Growth 3 rd -Strongest in Nation QCEW Job Growth Rankings (# of states with slower private sector job growth than NV; 2014 YTD through IIIQ)

15. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Wages Expand for 4 th -Straight Year; Consistent Growth at Just Below 1.5% Avg. Weekly Wage Growth (Year-Over-Year)

16. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Job Levels Exceed Pre-Recession Peak by 97K at Year-End 2017 Total Jobs: History and Forecast

17. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency By the End of 2017, 46K Construction Jobs Added Since Bottoming Out Construction Jobs: History and Forecast

18. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Growth to Strengthen for Manufacturing Jobs; 5,100 New Jobs through 2017 Manufacturing Jobs: History and Forecast

19. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Retail Trade Should Continue Adding About 5,000 Jobs Annually Retail Trade Jobs: History and Forecast

20. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Expectations are for an Additional 4,500 Healthcare Jobs per Year Healthcare/Social Assistance Jobs: History and Forecast

21. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency AFS Jobs Have Reached Historical High; More than 40K Additional Jobs Expected Accommodation/Food Services Jobs: History and Forecast

22. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency NV’s Unemployment Rate Trending Down…6.6% in ‘15; 5.6% in ‘16; 5.2% in ‘17 Unemployment Rate: History and Forecast

23. The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency For Additional Information, Please Contact: Nevada Department of Employment, Training and Rehabilitation Research and Analysis Bureau Bill Anderson Chief Economist wdanderson@nvdetr.org Christopher Robison Supervising Economist c-robison@nvdetr.org (775) 684-0450 http://www.nevadaworkforce.com follow us on Twitter @nvlabormarket