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The contrast between the unemployment rate and the labor force participation rate (sometimes referred to as LFPR) in Nevada is a great example of this tension. [...] • The leisure and hospitality sector, which accounts for over 22.7 percent of employment in Nevada, recorded the largest decrease in labor force participation rates (for those ages 16 and over), from 88.3 percent in 2019 to 82.4 percent in 2021. [...] o The labor force participation rate for individuals between the ages of 55 and 64 declined from 62.2 percent in 2019 to 61.8 percent in 2021. [...] o This decline is comparable to that for individuals between the ages of 21 and 54, with the LFPR of non-college degree holders declining from 79.5 percent in 2019 to 78.5 percent in 2021. [...] The decrease in Nevada’s labor force participation rate may be a function of the interplay between comparatively low levels of educational attainment and economic concentration in leisure and hospitality.