Nevada jobless rate drops to 11.5 percent - FOX5 Vegas - KVVU

Nevada jobless rate drops to 11.5 percent

Posted: Updated:

New unemployment numbers show Nevada's unemployment rate for October dropped to 11.5 percent, which is down from 11.8 percent in September.

This is the lowest the unemployment rate has been in three and half years.

According to Nevada's Department of Employment, Training and Rehabilitation, the Las Vegas Metropolitan Police Department maintains the highest unemployment rate in the state at 11.1 percent.

Chief economist Bill Anderson of DETR estimates a gain of 4,700 new job openings in Nevada for the month of October. He says this is an increase of about 2,200 positions from what is typically expected relative to September.

Within the state, Las Vegas continues to lead when it comes to job gains. According to DETR's Research and Analysis Bureau, Las Vegas had a September-October employment gain of 4,500. The DETR reports Las Vegas' employment numbers have been trending since mid-2011.

Nationwide, the unemployment rate remains at 7.9 percent for October.

Copyright 2012 KVVU (KVVU Broadcasting Corporation). All rights reserved.

Powered by WorldNow
Fox 5
Powered by WorldNow CNN
All content © 2014, KVVU Broadcasting Corporation, Las Vegas, NV and WorldNow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service..