Did Nevada experience 17 months of economic growth under Gov. Sisolak?
By Esther Tsvayg
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YES
From the second quarter of 2020 to the second quarter of 2022, gross domestic product in Nevada increased in each consecutive quarter.
The unemployment rate is considered one of the biggest indicators of economic health. Under Gov. Steve Sisolak, Nevada’s unemployment rate decreased for 21 consecutive months, after hitting a record high of 28.5 percent in April 2020, as the pandemic set in and Sisolak ordered business closures.
The state recovered more than 100% of the jobs lost between February 2020 and April 2020, surpassing its levels of pre-pandemic employment, although the recovery has not been even across all industries.
This fact brief is responsive to conversations such as this one.
Sources
FRED (Federal Reserve Bank Of St. Louis) Gross Domestic Product: All Industry Total in Nevada (NVNQGSP)
Steve Sisolak for Governor of Nevada Demonstrating Robust Recovery, Nevada Economy Ranked First in the Nation
US Bureau of Labor Statistics Bureau of Labor Statistics Data
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