NV Jobless Rate Holds Steady

By: Staff Email
By: Staff Email

LAS VEGAS (AP) - Nevada's unemployment rate held steady at 13.4
percent in September as jobless figures fell in all the state's
major metropolitan areas, state officials said Friday.

While unemployment held steady compared with August, the rate
was markedly lower than the figure of 14.9 percent in September one
year ago, the Nevada Department of Employment, Training and
Rehabilitation said.

Bill Anderson, the department's chief economist, said employers
added 10,000 jobs last month, but most were seasonal and the net
job gain was closer to 1,800.

Stabilizing numbers showed trends of improvement in the economy
in some areas, Anderson said.

"A number of economic indicators have trended positive this
year, particularly in relation to the tourism industry. Those
improvements are finally starting to translate into new jobs in
some sectors," he said.

Tourism is Nevada's largest industry given casino gambling in
Las Vegas and other cities. Leisure and hospitality employed nearly
321,000 people in September, state officials said.

Gov. Brian Sandoval said the stabilizing numbers are a good sign
but officials still need to work to spur job growth and
re-training.

The Las Vegas metropolitan area continued to have the highest
unemployment rate in Nevada, with 13.6 percent jobless last month,
compared with 12.6 percent in the Reno-Sparks area and 12.4 percent in Carson City.

Nevada lags behind the national jobless rate of 9.1 percent.

The drop in unemployment compared with a year ago is not because
more people have jobs. Instead, more people dropped out of the
workforce, either moving to other states or giving up on hunting
for work.

State officials said the total labor force in Nevada in
September was 1.31 million, nearly 28,000 fewer people than in
September 2010. Officials said 1.14 million people had jobs last
month, which is 4,000 fewer than September last year.


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