News Column

Nevada Unemployment Rate Falls to 11.5 Percent in October

Nov 19, 2012

Cy Ryan

Nevada's unemployment rate fell to 11.5 percent in October, down from 11.8 percent the previous month and its lowest since May 2009. The jobless rate in Clark County was 11.1 percent.

Gov. Brian Sandoval said the need continues for sustained economic diversification and private-sector job growth.

The state Department of Employment, Training and Rehabilitation reported today there an estimated 156,600 people statewide out of work.

Department economist Bill Anderson said there was a gain of 4,500 jobs in October.

The national jobless rate was 7.9 percent.

Clark's jobless rate of 11.1 percent continues to lead the state in the metropolitan areas.

Employment in utilities, transportation and trade posted a gain of 1,500 jobs, to 155,000 in October, compared to the previous month. The number of jobs in casinos and hotels inched up to 163,200, an increase of 300 from September.

Construction employment in the Las Vegas area continues to struggle. The number of jobs in that category dropped from 36,500 in September to 34,600 in October. Manufacturing in Clark County registered a decline of 100 jobs in October to 20,000, compared to the previous month.

Unemployment in Washoe County fell from 10.8 percent to 10.6 percent; Carson City registered a jobless rate of 10.7 percent, down from 10.9 in September; and Elko County posted a 5.4 percent rate, down from 5.5 percent in September.



Source: (c)2012 the Las Vegas Sun (Las Vegas, Nev.). Distributed by MCT Information Services.