Nevada’s Unemployment Rate Dropped to 11.5 Percent in October

By: Staff Email
By: Staff Email

New unemployment numbers Monday morning show the largest drop in three and a half years. Nevada's unemployment rate in October dropped to a seasonally adjusted 11.5 percent, down from 11.8 percent in September, the lowest it’s been in three and a half years.

The Las Vegas metro still holds the highest unemployment rate
in the state, at 11.1 percent, dropping 0.4 point from September.

In Reno/Sparks the rate fell 0.2 point over the month, to 10.6 percent.

Carson City recorded a similar decline, from 10.9 percent to 10.7 percent.

Las Vegas and both Northern Nevada metro all recorded their lowest October readings since 2008.

“October’s unemployment rate is the lowest rate since May of 2009, a significant step for our state,” Governor Brian Sandoval said. “While this news is welcome, our state’s unemployment rate remains at a high level and continues to indicate the need for sustained economic diversification and private sector job growth.”

The national unemployment rate stands at 7.9%

U.S. Senator, Dean Heller says the unemployment rate is encouraging, but more needs to be done.

"Unemployment in the Silver State continues to far exceed the national average, which is why jobs, the economy, and getting Nevadans back to work continue to be my top priorities. Nevadans deserve good-paying jobs so they can provide for their families and stay in their homes. This begins with Washington providing the certainty job creators need to thrive and grow jobs. It is past time for Democrats and Republicans to come together to develop a plan to get the millions of unemployed Americans back to work. I am confident that by working together, we can develop solutions that get our nation and Nevada moving in the right direction,” he said.

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