Esmeralda County vs. Nevada
Comparative Trends Analysis:
Total Employment Growth and Change, 1969-2019
Introduction
Esmeralda County:
2019 Jobs = 454
2019 Percent of State = 0.0%
Nevada:
2019 Jobs = 1,902,080
2019 Percent of State = 0.9%
Employment numbers remain the most popular and frequently cited statistics used for tracking local area economic conditions and trends. The Bureau of Economic Analysis (BEA) employment estimates reported measure the number of full- and part-time wage and salary employees, plus the number of proprietors of unincorporated businesses. People holding more than one job are counted in the employment estimates for each job they hold. This means BEA employment estimates represent a job count, not a people count. Also, BEA employment is by place-of-work, rather than by place-of-residence. Jobs held by neighboring county residents who commute to Esmeralda County to work are included in the employment count for Esmeralda County.
Data Definition:
The BEA employment series for states and local areas comprises estimates of the number of jobs, full-time plus part-time, by place of work. Full-time and part-time jobs are counted at equal weight. Employees, sole proprietors, and active partners are included, but unpaid family workers and volunteers are not included. Proprietors employment consists of the number of sole proprietorships and the number of partners in partnerships. The description "by place of work" applies to the wage and salary portion of the series and, with relatively little error, to the entire series. The proprietors employment portion of the series, however, is more nearly by place of residence because, for nonfarm sole proprietorships, the estimates are based on IRS tax data that reflect the address from which the proprietor's individual tax return is filed, which is usually the proprietor's residence. The nonfarm partnership portion of the proprietors employment series reflects the tax-filing address of the partnership, which may be either the residence of one of the partners or the business address of the partnership. The employment estimates are designed to be consistent with the estimates of wages and salaries and proprietors' income that are part of the personal income series. The employment estimates are based on the same sets of source data as the corresponding earnings estimates and are prepared with parallel methodologies. Two forms of proprietors' income-the income of limited partnerships and the income of tax-exempt cooperatives-have no corresponding employment estimates.
Total Employment, 1969-2019
Total Employment, 1969-2019
Figure 1.
Figure 1 traces Esmeralda County's annual total employment for the period 1969-2019 to illustrate total employment patterns over time. During this 51-year period, Esmeralda County's total employment rose from 338 in 1969 to 454 in 2019, for a net gain of 116, or 34.3%.
Total Employment, 1969-2019
Total Employment, 1969-2019
Figure 2.
Figure 2 tracks Nevada's annual total employment for the period 1969-2019 to illustrate total employment patterns over time. During this 51-year period, Nevada's total employment rose from 243,701 in 1969 to 1,902,080 in 2019, for a net gain of 1,658,379, or 680.5%.
Total Employment Indices (1969=100): 1969-2019
Total Employment Indices (1969=100): 1969-2019
Figure 3.
Figure 3 shows Esmeralda County's total employment growth in a broader context by offering direct comparisons across time with Nevada, the United States. The growth indices shown here express each region's total employment in 1969 as a base figure of 100, and the total employments in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in total employment growth between regions that may differ vastly in size.
Esmeralda County's overall total employment growth was 34.3% over 1969-2019 trailed Nevada's increase of 680.5%, and fell below the United States' increase of 123.8%.
Total Employment as a Percent of the Nevada Total: 1969-2019
Total Employment as a Percent of the Nevada Total: 1969-2019
Figure 4.
Another interesting and insightful way of contrasting the total employment growth of Esmeralda County is to trace its individual percentage contributions to Nevada's statewide total employment over time, as shown in Figure 4. A rising share means a region's total employment grew faster, or declined less, than Nevada's total employment, while a declining share shows it grew more slowly.
In 1969, Esmeralda County's total employment comprised 0.14% of Nevada's total employment, while in 2019 it comprised 0.02% thereby yielding a -0.11% share-shift.
   
 
Total Employment Share-Shift
2019 vs. 1969
 
Share-
Shift*
 
2019
vs.
1969
-0.11%
=
0.02%
-
0.14%
 
   
Esmeralda County Total Employment:
Annual Percent Change, 1970-2019
Esmeralda County Total Employment:
Annual Percent Change, 1970-2019
Figure 5.
Figure 5 shows the short-run pattern of Esmeralda County's total employment growth by tracking the year-to-year percent change over 1970-2019. The average annual percent change for the entire 50-year period is also illustrated on this chart to provide a benchmark for gauging periods of relative high--and relative low--growth against the backdrop of the long-term average.
On average, Esmeralda County's total employment grew at an annual rate of 1.04% over 1970-2019. The county recorded its highest growth in 1981 (32.96%) and posted its lowest growth in 1995 (-18.66%). In 2019, Esmeralda County's total employment grew by 2.02%
Esmeralda County Total Employment:
Annual Percent Change and Decade Averages Over 1970-2019
Esmeralda County Total Employment:
Annual Percent Change and Decade Averages Over 1970-2019
Figure 6.
Over the past five decades some counties have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again shows the annual percent change in Esmeralda County's total employment since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, and 2010-2019.
During the 1970s, Esmeralda County's annual total employment growth rate averaged 0.10%. It averaged 6.36% during the 1980s, -0.96% throughout the 1990s, -1.83% throughout the 2000s, and 1.56% thus far this decade (2010 to 2019).
Total Employment Growth:
Average Annual Percent Change by Decade
Total Employment Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Esmeralda County noted in the previous graph with the corresponding decade averages for Nevada and the nation. As the chart reveals, Esmeralda County's average annual total employment growth posted below Nevada's average throughout the 1970s (0.10% vs. 6.78%), topped Nevada's average during the 1980s (6.36% vs. 4.30%), lagged Nevada's average during the 1990s (-0.96% vs. 5.32%), amounted to less than Nevada's average throughout the 2000s (-1.83% vs. 2.51%), and recorded under Nevada's average over the 10 year period of the last decade, 2010-2019 (1.56% vs. 2.33%).
Finally, relative to nationwide total employment growth trends, Esmeralda County fell below the nation over the 1970s (0.10% vs. 2.21%), exceeded the nation in the 1980s (6.36% vs. 1.88%), recorded underneath the nation during the 1990s (-0.96% vs. 1.73%), lagged the nation throughout the 2000s (-1.83% vs. 0.74%), and recorded underneath the nation over 2010-2019 (1.56% vs. 1.62%).
   
 
Total Employment Growth:
Average Annual Percent Change
 
 
 
1.04
0.10
6.36
-0.96
-1.83
1.56
2.02
 
4.25
6.78
4.30
5.32
2.51
2.33
2.93
 
1.63
2.21
1.88
1.73
0.74
1.62
1.76
 
   
Job Ratios (Employment/Population): 1969-2019
Job Ratios (Employment/Population): 1969-2019
Figure 8.
The job ratios shown in Figure 8 for Esmeralda County, Nevada and the nation not only portray a number of important trends, they also serves as a thumbnail guide to evaluating an economy's capacity to generate enough jobs fast enough to absorb the increasing number of workers attendant to a growing population. The job ratio is the number of full-time and part-time jobs by place of work, divided by population.
Nationally, the job ratio rose from 0.45 to 0.62 between 1969 and 2019. Esmeralda County's job ratio registered 0.58 in 1969, and 0.52 in 2019. Underlying the rising job ratio over the past several decades have been the increases in the labor force participation rates, with the number and proportion of women in the labor market playing a leading role.
An assortment of other factors can contribute to regional differences in the job ratio. They include differences in the proportion of elderly and retirees who no longer work and participate in the labor force, differences in the number and proportion of part-time vs. full-time workers, differences in industry composition, and differences in age and sex distribution and degree of urbanization. Also, a disproportionate number of workers commuting to work outside a county tends to lower its local county job ratio, while a net inflow of workers commuting to work inside the county tends to augment its local county job ratio.
Avoid interpreting the job ratio as the fraction (or percent) of the local population employed. This interpretation should only apply to the "employment-population ratio" statistic compiled by the Bureau of Labor Statistics (BLS) from the Current Population Survey (CPS).
Job Ratios (Employment/Population)
as a Percent of the U.S. Average:
1969-2019
Job Ratios (Employment/Population)
as a Percent of the U.S. Average:
1969-2019
Figure 9.
To highlight trends in a local job ratio relative to nationwide trends, Figure 9 tracks Esmeralda County's, Nevada's job ratio as a percent of the national job ratio over 1969-2019.

Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Esmeralda County:
Total Employment, 1969-2019
 
1969
 
338
100.0
N
0.14
0.58
127.73
1970
 
350
103.6
3.55
0.14
0.56
125.43
1971
 
329
97.3
-6.00
0.12
0.56
125.72
1972
 
297
87.9
-9.73
0.11
0.52
115.22
1973
 
308
91.1
3.70
0.10
0.47
99.90
1974
 
332
98.2
7.79
0.10
0.50
105.91
1975
 
324
95.9
-2.41
0.10
0.48
104.57
1976
 
356
105.3
9.88
0.10
0.52
112.11
1977
 
363
107.4
1.97
0.09
0.53
111.19
1978
 
370
109.5
1.93
0.09
0.52
105.97
1979
 
334
98.8
-9.73
0.07
0.44
87.80
1980
 
361
106.8
8.08
0.07
0.43
85.98
1981
 
480
142.0
32.96
0.10
0.45
89.08
1982
 
565
167.2
17.71
0.11
0.47
94.52
1983
 
512
151.5
-9.38
0.10
0.37
75.77
1984
 
583
172.5
13.87
0.11
0.41
80.16
1985
 
544
160.9
-6.69
0.10
0.38
72.81
1986
 
537
158.9
-1.29
0.09
0.39
74.40
1987
 
540
159.8
0.56
0.09
0.41
76.98
1988
 
626
185.2
15.93
0.09
0.48
87.34
1989
 
575
170.1
-8.15
0.08
0.44
79.07
1990
 
512
151.5
-10.96
0.07
0.38
68.80
1991
 
534
158.0
4.30
0.07
0.42
77.60
1992
 
523
154.7
-2.06
0.07
0.40
74.40
1993
 
518
153.3
-0.96
0.06
0.44
81.74
1994
 
584
172.8
12.74
0.07
0.54
97.95
1995
 
475
140.5
-18.66
0.05
0.42
75.87
1996
 
447
132.2
-5.89
0.04
0.41
73.27
1997
 
495
146.4
10.74
0.05
0.47
83.33
1998
 
444
131.4
-10.30
0.04
0.43
74.38
1999
 
495
146.4
11.49
0.04
0.51
87.34
2000
 
407
120.4
-17.78
0.03
0.42
71.01
2001
 
421
124.6
3.44
0.03
0.44
75.03
2002
 
397
117.5
-5.70
0.03
0.43
74.69
2003
 
419
124.0
5.54
0.03
0.47
82.78
2004
 
407
120.4
-2.86
0.03
0.46
80.30
2005
 
415
122.8
1.97
0.03
0.47
80.32
2006
 
404
119.5
-2.65
0.03
0.46
77.63
2007
 
402
118.9
-0.50
0.02
0.48
81.36
2008
 
430
127.2
6.97
0.03
0.52
88.98
2009
 
401
118.6
-6.74
0.03
0.50
87.90
2010
 
434
128.4
8.23
0.03
0.55
99.03
2011
 
458
135.5
5.53
0.03
0.59
105.24
2012
 
518
153.3
13.10
0.03
0.65
114.83
2013
 
556
164.5
7.34
0.04
0.66
113.77
2014
 
590
174.6
6.12
0.04
0.72
122.38
2015
 
583
172.5
-1.19
0.04
0.70
118.33
2016
 
547
161.8
-6.17
0.03
0.66
110.59
2017
 
518
153.3
-5.30
0.03
0.61
101.71
2018
 
445
131.7
-14.09
0.02
0.54
87.77
2019
 
454
134.3
2.02
0.02
0.52
83.75
Source: Calculations by the Nevada Regional Economic Analysis Project (NV-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2020
REAP_PI_CA1400_1000_PSN
 
   

Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Nevada:
Total Employment, 1969-2019
 
1969
 
243,701
100.0
N
0.27
0.51
112.24
1970
 
256,145
105.1
5.11
0.28
0.52
115.95
1971
 
267,191
109.6
4.31
0.29
0.51
116.04
1972
 
280,037
114.9
4.81
0.30
0.51
113.65
1973
 
304,048
124.8
8.57
0.31
0.53
114.76
1974
 
317,204
130.2
4.33
0.32
0.53
113.28
1975
 
326,497
134.0
2.93
0.33
0.53
114.75
1976
 
348,995
143.2
6.89
0.34
0.54
115.54
1977
 
383,713
157.5
9.95
0.37
0.57
118.38
1978
 
432,318
177.4
12.67
0.39
0.60
121.69
1979
 
467,774
191.9
8.20
0.41
0.61
121.34
1980
 
488,628
200.5
4.46
0.43
0.60
120.22
1981
 
500,187
205.2
2.37
0.44
0.59
117.83
1982
 
493,889
202.7
-1.26
0.43
0.56
113.69
1983
 
498,533
204.6
0.94
0.43
0.55
111.74
1984
 
523,336
214.7
4.98
0.43
0.57
110.71
1985
 
545,389
223.8
4.21
0.44
0.57
110.21
1986
 
570,484
234.1
4.60
0.45
0.58
110.67
1987
 
615,830
252.7
7.95
0.48
0.60
112.55
1988
 
661,700
271.5
7.45
0.50
0.62
112.68
1989
 
709,928
291.3
7.29
0.52
0.62
113.13
1990
 
755,587
310.0
6.43
0.55
0.62
111.70
1991
 
768,885
315.5
1.76
0.56
0.59
109.05
1992
 
776,291
318.5
0.96
0.56
0.57
106.65
1993
 
818,727
336.0
5.47
0.58
0.58
107.12
1994
 
898,349
368.6
9.73
0.62
0.60
109.34
1995
 
952,615
390.9
6.04
0.64
0.60
108.43
1996
 
1,023,515
420.0
7.44
0.68
0.61
109.54
1997
 
1,088,804
446.8
6.38
0.70
0.62
108.89
1998
 
1,131,237
464.2
3.90
0.71
0.61
106.25
1999
 
1,189,071
487.9
5.11
0.74
0.61
106.17
2000
 
1,254,358
514.7
5.49
0.76
0.62
106.02
2001
 
1,285,310
527.4
2.47
0.78
0.61
105.45
2002
 
1,299,543
533.3
1.11
0.79
0.60
104.15
2003
 
1,353,123
555.2
4.12
0.82
0.60
105.20
2004
 
1,441,158
591.4
6.51
0.85
0.61
106.52
2005
 
1,533,724
629.3
6.42
0.89
0.63
108.13
2006
 
1,604,488
658.4
4.61
0.91
0.64
107.91
2007
 
1,643,860
674.5
2.45
0.92
0.63
106.03
2008
 
1,619,014
664.3
-1.51
0.90
0.61
103.53
2009
 
1,512,913
620.8
-6.55
0.87
0.56
99.56
2010
 
1,478,054
606.5
-2.30
0.85
0.55
97.85
2011
 
1,501,839
616.3
1.61
0.85
0.55
97.95
2012
 
1,519,198
623.4
1.16
0.85
0.55
97.08
2013
 
1,561,388
640.7
2.78
0.86
0.56
97.48
2014
 
1,608,494
660.0
3.02
0.86
0.57
97.57
2015
 
1,664,658
683.1
3.49
0.87
0.58
97.82
2016
 
1,725,136
707.9
3.63
0.89
0.59
98.75
2017
 
1,779,792
730.3
3.17
0.91
0.60
99.19
2018
 
1,847,969
758.3
3.83
0.92
0.61
99.57
2019
 
1,902,080
780.5
2.93
0.93
0.62
99.45
Source: Calculations by the Nevada Regional Economic Analysis Project (NV-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2020
REAP_PI_CA1400_1000_PSN
 
   

Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
United States:
Total Employment, 1969-2019
 
1969
 
91,053,200
100.0
N
0.45
1970
 
91,277,600
100.2
0.25
0.45
1971
 
91,581,400
100.6
0.33
0.44
1972
 
94,312,200
103.6
2.98
0.45
1973
 
98,427,500
108.1
4.36
0.47
1974
 
100,111,800
109.9
1.71
0.47
1975
 
98,900,600
108.6
-1.21
0.46
1976
 
101,591,200
111.6
2.72
0.47
1977
 
105,042,200
115.4
3.40
0.48
1978
 
109,686,600
120.5
4.42
0.49
1979
 
113,147,100
124.3
3.15
0.50
1980
 
113,983,200
125.2
0.74
0.50
1981
 
114,914,000
126.2
0.82
0.50
1982
 
114,163,300
125.4
-0.65
0.49
1983
 
115,645,700
127.0
1.30
0.49
1984
 
120,528,100
132.4
4.22
0.51
1985
 
123,796,700
136.0
2.71
0.52
1986
 
126,232,300
138.6
1.97
0.53
1987
 
129,548,400
142.3
2.63
0.53
1988
 
133,563,900
146.7
3.10
0.55
1989
 
136,177,800
149.6
1.96
0.55
1990
 
138,330,900
151.9
1.58
0.55
1991
 
137,612,800
151.1
-0.52
0.54
1992
 
138,166,100
151.7
0.40
0.54
1993
 
140,774,400
154.6
1.89
0.54
1994
 
144,196,600
158.4
2.43
0.55
1995
 
147,915,800
162.4
2.58
0.56
1996
 
151,056,200
165.9
2.12
0.56
1997
 
154,541,200
169.7
2.31
0.57
1998
 
158,481,200
174.1
2.55
0.57
1999
 
161,531,300
177.4
1.92
0.58
2000
 
165,370,800
181.6
2.38
0.59
2001
 
165,522,200
181.8
0.09
0.58
2002
 
165,095,100
181.3
-0.26
0.57
2003
 
165,921,500
182.2
0.50
0.57
2004
 
168,839,700
185.4
1.76
0.58
2005
 
172,338,400
189.3
2.07
0.58
2006
 
175,868,600
193.1
2.05
0.59
2007
 
179,543,700
197.2
2.09
0.60
2008
 
179,213,900
196.8
-0.18
0.59
2009
 
173,636,700
190.7
-3.11
0.57
2010
 
172,901,700
189.9
-0.42
0.56
2011
 
176,091,700
193.4
1.84
0.57
2012
 
178,979,700
196.6
1.64
0.57
2013
 
182,325,100
200.2
1.87
0.58
2014
 
186,233,800
204.5
2.14
0.59
2015
 
190,325,800
209.0
2.20
0.59
2016
 
193,378,900
212.4
1.60
0.60
2017
 
196,337,100
215.6
1.53
0.60
2018
 
200,284,200
220.0
2.01
0.61
2019
 
203,809,500
223.8
1.76
0.62
Source: Calculations by the Nevada Regional Economic Analysis Project (NV-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2020
REAP_PI_CA1400_1000_PN
 
   
Copyright © 2020. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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