NV Unemployment Rate Drops to 9.5% in July

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NEVADA - July’s unemployment rate ticked down by 0.1 percentage points to 9.5 percent, down from 9.6 percent in June.

While not directly comparable to Nevada’s adjusted rate, the non-seasonally adjusted unemployment rate in each of the state’s three metropolitan areas fell in July as well. Las Vegas registered the highest jobless rate at 9.7 percent, down from 10.1 percent in June. The Reno/Sparks metro area fell from 9.8 to 9.3 percent from June to July, and Carson City’s unemployment, at 9.5 percent, is down from 10.1 percent. Over the month, Elko’s unemployment rate fell from 6 to 5.7 percent.

While job growth is up year over year, Nevada suffered a loss of 10,200 jobs in the month of July.