Unemployment Drops Slightly
Nevada’s unemployment rate tumbled for a second straight month in February to the seasonally adjusted 13.6 percent, down six-tenths from January. This equates 179,200 unemployed Nevadans.
In Las Vegas, the unemployment rate was unchanged at 13.7 percent.
“The fall in the state’s rate was again precipitated by a decline in the state’s labor force, as opposed to general economic improvement,” said Bill Anderson, chief economist for the Nevada Department of Employment, Training and Rehabilitation. “The labor force declined by 7,700, while the number of unemployed fell by 8,700, suggesting that many workers have given up looking for work.”