Eureka County vs. Nevada
Comparative Trends Analysis:
Total Employment Growth and Change, 1969-2022
Introduction
Eureka County vs. Nevada
Eureka County:
2022 Jobs = 4,890
2022 Percent of State = 0.24%
Nevada:
2022 Jobs = 2,061,871
2022 Percent of U.S. = 0.97%
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 Eureka County to work are included in the employment count for Eureka 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, 1969-2022
Total Employment, 1969-2022
Figure 1.
Figure 1 traces Eureka County's annual total employment for the period 1969-2022 to illustrate total employment patterns over time. During this 54-year period, Eureka County's total employment rose from 645 in 1969 to 4,890 in 2022, for a net gain of 4,245, or 658.14%.
Total Employment, 1969-2022
Total Employment, 1969-2022
Figure 2.
Figure 2 tracks Nevada's annual total employment for the period 1969-2022 to illustrate total employment patterns over time. During this 54-year period, Nevada's total employment rose from 243,701 in 1969 to 2,061,871 in 2022, for a net gain of 1,818,170, or 746.07%.
Total Employment Indices (1969=100): 1969-2022
Total Employment Indices (1969=100): 1969-2022
Figure 3.
Figure 3 portrays Eureka 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.
Eureka County's overall total employment growth was 658.14% over 1969-2022 trailed Nevada's increase of 746.07%, and topped the United States' increase of 133.32%.
Total Employment as a Percent of the Nevada Total: 1969-2022
Total Employment as a Percent of the Nevada Total: 1969-2022
Figure 4.
Another interesting and insightful way of contrasting the total employment growth of Eureka 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, Eureka County's total employment comprised 0.26% of Nevada's total employment, while in 2022 it equated to 0.24% thereby yielding a -0.03% share-shift.
   
 
Total Employment Share-Shift
2022 vs. 1969
 
Share-
Shift*
 
2022
vs.
1969
-0.03%
=
0.24%
-
0.26%
 
   
Eureka County Total Employment:
Annual Percent Change, 1970-2022
Eureka County Total Employment:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 displays the short-run pattern of Eureka County's total employment growth by tracking the year-to-year percent change over 1970-2022. The average annual percent change for the entire 53-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, Eureka County's total employment grew at an annual rate of 4.83% over 1970-2022. The county recorded its highest growth in 1988 (103.84%) and posted its lowest growth in 1970 (-14.42%). In 2022, Eureka County's total employment grew by 4.22%
Eureka County Total Employment:
Annual Percent Change and Decade Averages Over 1970-2022
Eureka County Total Employment:
Annual Percent Change and Decade Averages Over 1970-2022
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 Eureka 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, 2010s, and 2020-2022.
During the 1970s, Eureka County's annual total employment growth rate averaged 3.59%. It averaged 19.85% throughout the 1980s, 1.13% in the 1990s, 1.02% in the 2000s, -0.17% throughout the 2010s, 0.55% thus far this decade (2020-2022).
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 Eureka County noted in the previous graph with the corresponding decade averages for Nevada and the nation. As the chart reveals, Eureka County's average annual total employment growth lagged Nevada's average during the 1970s (3.59% vs. 6.78%), recorded above Nevada's average in the 1980s (19.85% vs. 4.30%), lagged Nevada's average throughout the 1990s (1.13% vs. 5.32%), recorded under Nevada's average in the 2000s (1.02% vs. 2.51%), amounted to less than Nevada's average throughout the 2010s (-0.17% vs. 2.23%), and recorded under Nevada's average over the 3 year period of the current decade, 2020-2022 (0.55% vs. 3.27%).
Finally, relative to nationwide total employment growth trends, Eureka County led the nation over the 1970s (3.59% vs. 2.21%), outperformed the nation throughout the 1980s (19.85% vs. 1.88%), posted below the nation in the 1990s (1.13% vs. 1.73%), led the nation during the 2000s (1.02% vs. 0.74%), fell below the nation throughout the 2010s (-0.17% vs. 1.51%), and lagged the nation over 2020-2022 (0.55% vs. 1.82%).
   
 
Total Employment Growth:
Average Annual Percent Change
 
 
 
4.83
3.59
19.85
1.13
1.02
-0.17
0.55
4.22
 
4.17
6.78
4.30
5.32
2.51
2.23
3.27
7.79
 
1.62
2.21
1.88
1.73
0.74
1.51
1.82
4.78
 
   
Job Ratios (Employment/Population): 1969-2022
Job Ratios (Employment/Population): 1969-2022
Figure 8.
The job ratios shown in Figure 8 for Eureka 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 0.64 between 1969 and 2022. Eureka County's job ratio registered 0.69 in 1969, and 2.62 in 2022. 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:
1969-2022
Job Ratios (Employment/Population)
as a Percent of the U.S. Average:
1969-2022
Figure 9.
To highlight trends in a local job ratio relative to nationwide trends, Figure 9 tracks Eureka County's, Nevada's job ratio as a percent of the national job ratio over 1969-2022.

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

   
 
Eureka County:
Total Employment, 1969-2022
 
1969
 
645
100.0
N
0.26
0.69
153.16
1970
 
552
85.6
-14.42
0.22
0.59
131.25
1971
 
551
85.4
-0.18
0.21
0.60
135.99
1972
 
544
84.3
-1.27
0.19
0.61
135.63
1973
 
540
83.7
-0.74
0.18
0.52
112.14
1974
 
574
89.0
6.30
0.18
0.54
115.50
1975
 
607
94.1
5.75
0.19
0.56
121.65
1976
 
649
100.6
6.92
0.19
0.58
125.10
1977
 
707
109.6
8.94
0.18
0.62
130.55
1978
 
815
126.4
15.28
0.19
0.87
176.88
1979
 
891
138.1
9.33
0.19
0.88
174.57
1980
 
940
145.7
5.50
0.19
0.77
153.72
1981
 
920
142.6
-2.13
0.18
0.71
141.21
1982
 
823
127.6
-10.54
0.17
0.61
123.71
1983
 
841
130.4
2.19
0.17
0.68
138.11
1984
 
955
148.1
13.56
0.18
0.74
143.85
1985
 
1,240
192.2
29.84
0.23
1.02
195.34
1986
 
1,308
202.8
5.48
0.23
1.09
206.83
1987
 
1,719
266.5
31.42
0.28
1.35
251.96
1988
 
3,504
543.3
103.84
0.53
2.47
452.35
1989
 
4,180
648.1
19.29
0.59
2.66
482.25
1990
 
4,297
666.2
2.80
0.57
2.79
503.84
1991
 
4,275
662.8
-0.51
0.56
2.65
487.23
1992
 
4,591
711.8
7.39
0.59
3.00
557.09
1993
 
4,842
750.7
5.47
0.59
3.43
633.15
1994
 
5,363
831.5
10.76
0.60
4.06
741.38
1995
 
4,957
768.5
-7.57
0.52
3.66
658.08
1996
 
5,287
819.7
6.66
0.52
3.64
648.48
1997
 
5,319
824.7
0.61
0.49
3.07
542.11
1998
 
4,936
765.3
-7.20
0.44
2.68
466.94
1999
 
4,584
710.7
-7.13
0.39
2.70
466.63
2000
 
4,561
707.1
-0.50
0.36
2.79
476.85
2001
 
4,255
659.7
-6.71
0.33
2.59
446.41
2002
 
4,006
621.1
-5.85
0.31
2.46
428.43
2003
 
3,905
605.4
-2.52
0.29
2.59
453.67
2004
 
3,948
612.1
1.10
0.27
2.69
465.76
2005
 
4,206
652.1
6.53
0.27
2.87
491.63
2006
 
4,733
733.8
12.53
0.29
3.00
508.55
2007
 
5,453
845.4
15.21
0.33
3.24
543.60
2008
 
4,904
760.3
-10.07
0.30
2.76
468.01
2009
 
4,929
764.2
0.51
0.33
2.56
452.14
2010
 
4,714
730.9
-4.36
0.32
2.37
424.93
2011
 
4,850
751.9
2.89
0.32
2.49
440.46
2012
 
5,203
806.7
7.28
0.34
2.68
470.31
2013
 
5,149
798.3
-1.04
0.33
2.60
451.98
2014
 
4,827
748.4
-6.25
0.30
2.54
434.61
2015
 
4,910
761.2
1.72
0.29
2.55
430.85
2016
 
4,929
764.2
0.39
0.29
2.72
455.41
2017
 
4,945
766.7
0.32
0.28
2.73
454.37
2018
 
4,933
764.8
-0.24
0.27
2.67
438.34
2019
 
4,816
746.7
-2.37
0.26
2.56
419.77
2020
 
4,802
744.5
-0.29
0.27
2.59
439.92
2021
 
4,692
727.4
-2.29
0.25
2.46
402.50
2022
 
4,890
758.1
4.22
0.24
2.62
411.79
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 2023
REAP_PI_CA1400_1000_PSN
 
   

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

   
 
Nevada:
Total Employment, 1969-2022
 
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
 
1,299,544
533.3
1.11
0.79
0.60
104.15
2003
 
1,353,124
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
 
1,533,726
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
 
1,643,873
674.5
2.45
0.92
0.63
106.03
2008
 
1,619,016
664.3
-1.51
0.90
0.61
103.53
2009
 
1,512,925
620.8
-6.55
0.87
0.56
99.56
2010
 
1,478,082
606.5
-2.30
0.85
0.55
97.88
2011
 
1,501,861
616.3
1.61
0.85
0.55
98.12
2012
 
1,519,210
623.4
1.16
0.85
0.55
97.38
2013
 
1,561,287
640.7
2.77
0.86
0.56
97.91
2014
 
1,608,537
660.0
3.03
0.86
0.57
98.14
2015
 
1,664,654
683.1
3.49
0.87
0.58
98.52
2016
 
1,724,751
707.7
3.61
0.89
0.59
99.54
2017
 
1,780,614
730.7
3.24
0.91
0.60
100.19
2018
 
1,848,890
758.7
3.83
0.92
0.61
100.70
2019
 
1,884,148
773.1
1.91
0.93
0.61
100.55
2020
 
1,770,886
726.7
-6.01
0.91
0.57
96.49
2021
 
1,912,872
784.9
8.02
0.94
0.61
99.56
2022
 
2,061,871
846.1
7.79
0.97
0.65
101.79
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 2023
REAP_PI_CA1400_1000_PSN
 
   

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

   
 
United States:
Total Employment, 1969-2022
 
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
0.56
2012
 
178,979,700
196.6
1.64
0.57
2013
 
182,328,100
200.2
1.87
0.58
2014
 
186,239,800
204.5
2.15
0.58
2015
 
190,325,800
209.0
2.19
0.59
2016
 
193,425,900
212.4
1.63
0.60
2017
 
196,394,100
215.7
1.53
0.60
2018
 
200,292,200
220.0
1.98
0.61
2019
 
201,635,200
221.4
0.67
0.61
2020
 
195,286,600
214.5
-3.15
0.59
2021
 
202,752,100
222.7
3.82
0.61
2022
 
212,442,000
233.3
4.78
0.64
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 2023
REAP_PI_CA1400_1000_PN
 
   
Copyright © 2024. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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