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10 States With the Fastest Rates of Job Growth, 2020

U.S. job growth in 2019 is likely to average 170,000 jobs per month, down from 223,000 in 2018. The decline is partly attributable to fewer available workers to hire with the low unemployment rate. Also, businesses are reluctant to aggressively pursue growth, given increasing economic uncertainty from the trade war with China.

Hiring in some sectors --particularly health care-- remains robust. Services associated with a growing economy, such as computers, restaurants, and temporary help, are also up.

The weak spots? Retail is shedding workers as stores continue to close. The telecom sector also continues its long decline. The drop in oil prices has led to job cuts in the oil and gas sector.

As a result, some states buoyed by thriving industries are adding jobs at much faster clips than others. Every year, The Kiplinger Letterforecasts economic growth in all 50 states (plus the District of Columbia). Check out the 10 states with the fastest projected rates of job growth for 2020.

T-1. Nevada

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Population: 3,034,000

Unemployment rate: 4.1%

2019 job growth: 3.0% (42,400 new jobs)

2020 job growth: 2.0% (29,200 new jobs)

Full speed ahead for Nevada's thriving economy, gaining momentum in the south from a continuing Las Vegas construction boom. East of Reno, electric-car maker Tesla and partner Panasonic are building out a multi-billion-dollar plant called the Gigafactory that makes batteries and parts for Tesla's Model 3. It currently has 10,000 employees, but plans for further expansion may depend on the success of the Model 3.

Nevada is a standout regionally and nationally with payrolls set to grow 3.0% this year. Hiring for construction is soaring, so much so that employers are having trouble finding skilled workers they need with some $23 billion worth of projects under way in Las Vegas alone. Work is just starting

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