From December 2024 to March 2025, private-sector establishments in Nevada experienced a net loss of 6,561 jobs, according to data released by the U.S. Bureau of Labor Statistics (BLS). Gross job losses from closing and contracting businesses totaled 81,055, while gross job gains from opening and expanding businesses reached 74,494 during the first quarter of 2025.
Chris Rosenlund, Regional Commissioner for the BLS, stated that “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.” In comparison, the previous quarter saw gross job gains surpassing losses by 6,451 jobs.
Business Employment Dynamics (BED) statistics measure changes in employment at private businesses over time. The net change is calculated as the difference between gross job gains and losses each quarter.
During this period, gross job losses represented 5.9 percent of Nevada’s private-sector employment—higher than the national rate of 5.4 percent. Contracting establishments lost a total of 67,050 jobs in Nevada in the first quarter of 2025, an increase from the prior quarter. Closing establishments contributed to another loss of 14,005 jobs.
Gross job gains accounted for 5.4 percent of private-sector employment in Nevada; nationally they made up a slightly higher share at 5.6 percent. Expanding establishments in Nevada added 60,755 jobs—a decrease compared to the previous quarter—while opening establishments generated another 13,739 new positions.
Among industry sectors in Nevada during this period, seven out of ten recorded more gross job losses than gains. Professional and business services experienced the largest net decrease with a loss of 6,089 jobs; leisure and hospitality lost a net total of 2,352 positions; transportation and warehousing reported a net decline of 2,339 jobs. Education and health services posted a net gain—the highest among all sectors—with an increase of 1,838 jobs followed by retail trade with a gain of 1,752 positions.
The BED data series covers all states as well as certain territories and provides breakdowns by industry subsector and employer size class at both state and firm levels.
The next release for Business Employment Dynamics covering second quarter data is scheduled for February 26, 2026.
BED data are compiled through cooperation between federal agencies and state governments under the Quarterly Census of Employment and Wages program using existing records maintained by BLS.
Further details about definitions used or information on methodology can be found on the Business Employment Dynamics Home page or via their technical note.
