Nevada Comment on Latest NFIB Jobs Report
Nevada Comment on Latest NFIB Jobs Report
November 1, 2024
Nevada Comment on Latest NFIB Jobs Report
FOR IMMEDIATE RELEASE
Contact: Tray Abney, Nevada State Director, tray@abneytauchen.com
or Tony Malandra, Senior Media Manager, anthony.malandra@nfib.org
CARSON CITY, Nev., Nov. 1, 2024—From Tray Abney, state director for NFIB in Nevada, which released its monthly Jobs Report yesterday.
“Amidst the swirl of election season and political pandering, small business job creators are still struggling to fill job vacancies and provide the services that their customers deserve. When the dust settles after November 5th, we hope that the victors move past the ads and campaign slogans and get to work on the important issues. Every one of their constituents need food on their table and small businesses provide most of those meals.”
From NFIB Chief Economist Bill Dunkelberg on the Latest Jobs Report
“On Main Street, the job market remains challenging. Although the labor market appears to be softening overall, small business owners reported little success filling their plentiful vacancies in October.”
Highlights from the Latest Jobs Report
- 35% (seasonally adjusted) of small business owners reported job openings they could not fill in October, up one point from September’s lowest reading since January 2021.
- Job openings were the highest in the construction, transportation, and wholesale sectors, and the lowest in the agriculture and finance sectors. However, job openings in construction were down four points from last month with 49% having an open position they can’t fill.
- A seasonally adjusted net 15% of owners plan to create new jobs in the next three months, unchanged from September.
- A net 31% of small business owners reported raising compensation in October, down one point from September and the lowest reading since April 2021.
- A net 23% (seasonally adjusted) plan to raise compensation in the next three months, unchanged from September.
Keep up with the latest Nevada small-business news at www.nfib.com/nevada, where this news release can also be found, or by following NFIB on Twitter @NFIB_NV.
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For 80 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.
NFIB Nevada
Abney Tauchen Group
775-443-5561
Reno, NV
NFIB.com/NV
Twitter: @NFIB_NV
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.