Nevada now supports 1.5 million jobs, according to a new report.
The Nevada Department of Employment, Training and Rehabilitation's January 2023 economic report showed the number of jobs in the state is up 6% over the past year.
David Schmidt, chief economist for the department, said the state has continued to recover from the COVID-19 recession and is continuing to add jobs across various sectors. He noted the only exception is the leisure and hospitality industry, which is sitting at about 85% of the employment level it was pre-pandemic.
"We have also seen a shift in where jobs are," Schmidt pointed out. "We are growing in areas like transportation, warehousing and utilities. We are growing in the manufacturing industry. We are growing in construction and professional business services."
Schmidt emphasized the report also showed the state's seasonally adjusted unemployment rate rose to 5.5%, the highest unemployment rate of any state. Schmidt stated the high jobless rate and large number of available jobs reflects what he called an ongoing tight labor market.
Schmidt explained the report tells two stories: It shows the state's employment growth is strong, with the highest employment growth in the country over the last year, about one percentage point higher than Texas, which came in at 5%. Schmidt added many times unemployment is associated with a bad economy, but he thinks in Nevada's case it means people are engaged with the labor market and looking for the right gig.
"Nationally there is also this very high number of job openings relative to the number of people who are unemployed overall," Schmidt observed. "In Nevada that ratio is a little bit better than in most states. We only have about 20,000 more job openings than people looking for work."
Schmidt also pointed to data from the Bureau of Labor Statistics, which showed in both Nevada and the U.S., more people are quitting their jobs versus being laid off.
He said the ratio between separations has never been so high, which tells him workers have more power and more ability to go after preferred wages, benefits and working conditions.
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A new report finds Connecticut's state government can improve pay equity and representation.
The University of Connecticut School of Public Policy report examines demographic representation in proportion to statewide census data. Hispanic and Latino people have the lowest representation among new hires and long-term employees. White men and Black people are the majority of longer-term hires.
Mohamed Alkadry, professor and director of the school, said it is more than a human resources issue.
"There are also areas where the issues are stubborn like hiring female engineers is complicated by many things like the availability of female engineers in the workforce," Alkadry pointed out. "Engineering schools are still graduating not enough women by comparison to men."
Although female engineers are entering the field in record numbers, they are not remaining in the industry. Alkadry noted lawmakers can fund pathway programs for government employment, which can provide recent graduates with options to enter public service since it is harder to enter a field with little or no experience.
Despite this, Alkadry finds representation in government among all groups has improved in recent years.
While representation is fairly well-rounded, pay equity in Connecticut's government is not. The report showed pay for people of color, Hispanics and Latinos is lower than those of white workers. Alkadry emphasized pay equity plays a big role in representation, especially for minority workers.
"If half of the workforce is that, but then the pay equity data shows that these folks are only making 60% of what white men and white women are making in that same workforce, this means that the Hispanic and Black men and women are ending up in lower-echelon positions," Alkadry outlined.
One report recommendation called for the Department of Administrative Services to conduct an analysis on the diversity of statewide candidate pools. The data can uncover whether diverse candidates are entering the application process or if other barriers slow their progress.
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More than a year after City of Richmond workers filed to vote on a union contract, they are celebrating its implementation.
The contract provides workers with an established grievance process, updated health and safety guidelines, and labor management committees to help improve different departments. Workers described the moment as everything they have waited for.
Felicia Boney, management analyst associate in the Department of Social Services for the City of Richmond, said it sends a message to other cities about the efficacy of treating workers fairly.
"The economy has changed," Boney pointed out. "People are looking for better employment, better benefits. It will improve retention of the employees and if employers are treating their employees like they should, it would benefit them."
Cities like Alexandria, Portsmouth, and Newport News are all in different stages of the unionization process. A 2021 poll showed 68% of Virginians favored letting public employees unionize.
Boney noted there was plenty of give and take from the city and workers, making it quite a process to reach this point but with things in place, she emphasized the city is eager to start working with the Joint Labor Management Committee.
Another reason for the contract's implementation is making the city more competitive in hiring. The hope is to attract people to jobs in understaffed departments. She stressed workers are eager to see what lies ahead in a new chapter of Richmond's history.
"We love our jobs, we really do," Boney added. "We just want to be able to be better at doing what we're doing, and I think this gives us an opportunity to do just that. We want to make Richmond great again and I think this is one of the tracks we can take to do that."
Before the contract and unionization, one in 12 of the city's full-time employees could not support themselves on their salary. The city also saw high turnover rates across agencies. In all, it cost the city more than $6.5 million per year.
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Supporters of a new state-sponsored retirement savings program in Maine are celebrating a significant milestone.
More than six months after the launch of the Maine Retirement Investment Trust, or MERIT, enrolled employees have saved more than $1 million.
Alf Anderson, associate director for advocacy and outreach at AARP Maine, said the program was created to help the roughly 200,000 private sector workers without access to a retirement plan at their job.
"You know, one of the most important things for people as they plan for retirement," said Anderson, "is having that financial security to be able to do the things they want to do when they do get to that point in their lives. And so, that milestone was really exciting for us to see."
Anderson said businesses with at least five employees can register with MERIT to help set up savings for workers, who would otherwise seek out an independent financial planner.
More than 1,500 employers have already signed on.
Surveys show more than half of Americans are concerned they won't be able to achieve financial security in retirement.
At least 25 states introduced legislation last year to establish new, state-backed retirement plans.
Anderson said the successful rollout in Maine reveals the urgency people feel about planning for the future due to the high costs of food and housing.
"Do I cut back on my medications?" said Anderson. "Do I not eat a certain number of meals today? Like, it's really frightening to see some of the decisions people have to make."
Anderson said the pandemic didn't help - with even more Mainers facing depleted savings accounts and having only Social Security to fall back on when they reach retirement age.
State officials say MERIT could help Mainers for generations to come, and help reduce reliance on public assistance programs.
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