Initial NV jobless claims fall by 15 percent in April - FOX5 Vegas - KVVU

Initial NV jobless claims fall by 15 percent in April

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CARSON CITY, NV (FOX5) -

The amount of initial jobless claims in Nevada dropped by 15 percent in April, the state's labor officials said.

According to the Department of Employment, Training and Rehabilitation, 14,931 initial claims for unemployment insurance were filed, which was 17th straight month with a drop from the previous year.

"The double-digit decline in claims continues a trend that has been in place since August of 2013," DETR's chief economist Bill Anderson said.

Anderson noted the state's labor market has improved at a faster rate this compared to 2013, though, the trend coincides with a new unemployment insurance computer system.

Anderson also said the initial claim represents the first stage of filing for unemployment benefits. This data most closely related to the number of people who have recently lost jobs.

April 2014 also represented the 50th month in the last 53 to record a drop in initial claims, DETR noted.

Initial claims peaked during the recession at 36,414 in December 2008, and the low point for initial claims was 11,985 in September 2013, officials said.

You can get more details on jobless claims at www.nevadaworkforce.com.

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