Nevada Economy Continues Upward Trend

By: AP Email
By: AP Email

CARSON CITY, Nev. (AP) - Nevada is slowly crawling out of a deep jobless pit, adding jobs in a state that lost an estimated 200,000 during the Great Recession.

But a report Friday by the Nevada Department of Employment, Training and Rehabilitation says one troubling trend that has yet to rebound is wages, which have not kept pace with inflation.

Private sector average weekly wages averaged $824 during the first three months of the year, unchanged from a year ago.

The report says since 2007, weekly wages have grown just 5 percent, well short of what's needed to keep up with inflation.

It notes that over the same period, wages nationally rose 12 percent.


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