Nevada unemployment rate in August bounces up to 4.9 percent - FOX5 Vegas - KVVU

Nevada unemployment rate in August bounces up to 4.9 percent

Posted: Updated:

State officials say a growing number of workers may be behind a slight increase in the Nevada statewide jobless rate in August, to 4.9 percent.

The Nevada Department of Employment, Training and Rehabilitation said Wednesday the uptick of one-tenth of a percentage point since July puts the unemployment figure back to February levels.

The jobless rate bottomed out at 4.7 percent in March, April and May.

State economist Bill Anderson notes the August figure is still more than half-a-percent below the 5.5 percent of a year ago.

Anderson says the state's labor force has grown by more than 16,000 workers this calendar year.

Gov. Brian Sandoval says that suggests people see positive job prospects in Nevada.

Unemployment peaked in 2010, during the Great Recession, at nearly 14 percent.

Copyright 2017 Associated Press. All rights reserved. 

Powered by Frankly
Fox 5
Powered by WorldNow CNN
All content © 2018, 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, and Ad Choices.