United States Congress Joint Economic Committee

Nevada

October 2024

Labor Market (BLS/Haver)
Most Recent Prior Month 12 Mo. Prior
Nevada Unemployment (U-3) 5.5% 5.5% 5.3%
U.S. Official Rate (U-3) 3.7% 3.7% 3.4%
U.S. "Real" Rate (U-6) 7.0% 7.1% 6.7%
Nevada Labor Force Participation Rate 61.4% 61.4% 60.3%
U.S. Labor Force Participation Rate 62.7% 62.7% 62.8%
Prices (BLS/Haver, AAA)
Most Recent Prior Month 12 Mo. Prior
CPI-U Inflation 3.4% 3.1% 6.5%
"Core" CPI Inflation 3.9% 4.0% 5.7%
National Gas/gal. Updated 10/3/24 12:00 AM $3.19 $3.33 $3.80
Nevada Gas/gal. $3.90 $3.97 $5.12
West Region: Loaf of Bread $2.36 $2.25 $2.23
West Region: Milk/gal. $3.97 $3.97 $4.27
Economic Growth (BEA, WSJ/Haver)
U.S. Real GDP
Q2/2024 (3rd Estimate)
3.0%
NV Real GDP
Q2/2024
1.8%
S&P 500 (YTD)
0.29% Updated 1/16/24 5:00 AM
Minimum Wage (DOL/WHD)
National Hourly Rate
$7.25
NV Hourly Rate
$10.50
Last Generated: 10/3/24 10:05 AM