Nevada sees net loss in private-sector jobs during first quarter of 2025

William J. Wiatrowski, Deputy Commissioner
William J. Wiatrowski, Deputy Commissioner - Bureau of Labor Statistics New York
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From December 2024 to March 2025, Nevada experienced a net loss of 6,561 private-sector jobs, according to data released by the U.S. Bureau of Labor Statistics (BLS). Gross job losses from closing and contracting establishments totaled 81,055, while gross job gains from opening and expanding businesses reached 74,494 during this period.

Regional Commissioner Chris Rosenlund stated, “The difference between the number of gross job gains and the number of gross job losses yielded a net employment loss of 6,561 jobs in the private sector during the first quarter of 2025. During the previous quarter, gross job gains exceeded gross job losses by 6,451.”

Business Employment Dynamics (BED) statistics monitor changes in employment at private-sector establishments over time. The net change in employment is calculated as the difference between gross job gains and gross job losses.

In Nevada’s first quarter of 2025, gross job losses represented 5.9 percent of private-sector employment compared to a national figure of 5.4 percent. Contracting establishments in Nevada lost 67,050 jobs—an increase from the prior quarter—while closing establishments accounted for an additional loss of 14,005 jobs.

Gross job gains in Nevada made up 5.4 percent of private-sector employment; nationally this figure was slightly higher at 5.6 percent. Expanding establishments added 60,755 jobs in Nevada during this period—a decrease from the previous quarter—and opening establishments contributed another 13,739 jobs gained.

Seven out of ten major industry sectors in Nevada saw more job losses than gains during this timeframe. Professional and business services had the largest net decrease with a loss of 6,089 jobs; leisure and hospitality followed with a net loss of 2,352 jobs; transportation and warehousing posted a net loss of 2,339 jobs. In contrast, education and health services reported a net gain of 1,838 jobs—the highest among all sectors—followed by retail trade with a gain of 1,752.

The BED data series provides information on gross job gains and losses by industry subsector for all states as well as U.S. territories and includes breakdowns by employer size class at the firm level.

The next release for Business Employment Dynamics covering the second quarter of 2025 is scheduled for February 26, 2026.

BED data are produced through collaboration between federal and state agencies under the Quarterly Census of Employment and Wages program using existing QCEW records. More details about definitions used in these reports can be found in technical notes provided by BLS.

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