Las Vegas' Unemployment Rate Biggest In Nation

One In Every 3 Las Vegans Out Of Work

Mitch Kelly
June 04, 2020 - 6:03 am
Unemployment insurance form and clipboard on a desk.

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LAS VEGAS, NV (KXNT) - As Las Vegas attempts to return to some semblance of normalcy with Thursday's resumption of gaming operations, a new study shows just how hard we were hit by the closures put in place to slow the spread of COVID-19.

No city in America was hit harder. U.S. Bureau of Labor. April’s unemployment figure for Las Vegas was 33.5% which was far higher than any of the other 51 metro areas in the country with a population of at least 1-million people.

The financial website WalletHub compared 180 cities based on three key metrics, looking at the change in each city’s unemployment rate during the latest month for which they had data (April 2020) compared to April 2019 and January 2020. WalletHub also considered each city’s overall unemployment rate. 

Specific to Las Vegas:

602.68% Increase in Unemployment (April 2020 vs April 2019) 

90,815 unemployed people in April 2020 vs 12,924 in April 2019 (9th highest increase in the U.S.)

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609.38% Increase in Unemployment (April 2020 vs January 2020) 

90,815 unemployed people in April 2020 vs 12,802 in January 2020  (6th highest increase in the U.S.)

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31.60% Official Unemployment Rate (April 2020) (Adjusted Rate*: 42.03% - 3rd highest unemployment rate in the U.S)

 

Overall, the city with the highest unemployment rate since the start of the pandemic was Detroit, with North Las Vegas and Las Vegas coming in at #2 and #3, respectively. Henderson was #4

To views the full WalletHub study, click here.