Nevada Unemployment Hits 3-year Low
CARSON CITY, Nev. (AP) — Nevada’s unemployment rate has dipped below 12% for the first time in nearly three years.
The Department of Employment, Training and Rehabilitation says Friday that the state’s jobless rate was 11.7% in April, down from 12% the month earlier and 13.6% the year earlier.
Las Vegas’ jobless rate was 11.6% in April, down from 12% in March, and Reno’s rate was 11.4%, also down from 12%. Carson City’s unemployment is 11.8%, a drop from March’s rate of 12.4%.
State economist Bill Anderson says the job growth was positive at 0.5% in April, but notes that the unemployment figures are also going down because people are dropping out of the workforce.
National unemployment is lower than Nevada’s, at 8.1%.
Copyright 2012 The Associated Press.