Unemployment Down Slightly in February

By: AP
By: AP

The number of jobless Nevadans dropped by about 4,700 from January to February but the state's economy isn't as strong as it was a year ago, according to a new state report.

The Department of Employment, Training and Rehabilitation report shows the seasonally adjusted unemployment rate decreased from 4.5% in January to 4.3% in February- but the latest rate is higher than the 3.8% rate in February 2006.

The low unemployment total indicates a strong economy but Terry
Johnson, the department director, says the economy has slowed from
a year ago when the state was experiencing robust employment growth.

Johnson's report shows that total employment in all industries increased by more than 13,000 to 1.3 million. There were about 60,500 unemployed Nevadans in February.

For the Las Vegas area, the non-seasonally adjusted unemployment
rate was 4.3%. Reno's rate was 4.7%. The Elko-Eureka rate was 4% percent.

(Copyright 2007 by The Associated Press. All Rights Reserved.)


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