What does the job market look like for the class of 2024?

With graduation season in full swing, economists and hiring experts say graduates are entering into a positive but slower job market compared to recent years. The overall economy and job market are stable but has lost some momentum since the U.S. reopened after the pandemic, they say.

“For anyone going into the job market now, whether it be a recent graduate or someone who has not been in the job market for a while and is reentering, it’s a good time, but that doesn’t mean it’s perfect,” said Andrew Woods, director of the Center for Business and Economic Research at UNLV.

Woods said the current job market is well suited for entry-level jobs both for people with college and technical degrees as well as high school graduates, but it’s a tougher situation for those looking to get into high-wage and premium benefit positions.

“Getting a job is not so much of a question,” Woods said. “Certainly for any college grads, it’s probably more of a question of, what is the job, what’s the pay and what’s the career opportunities?”

Nevada’s unemployment rate is currently 5.1 percent, the third highest in the nation behind Washington D.C. and California, according to the U.S. Bureau of Labor Statistics.

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