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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.


One Comment

  1. tom says:

    Mostly because a lot of people have run out of unemployment benefits, and have quit looking for work. Why don’t they publish the REAL unemp rate? If a conservative was running the country, they would. We have never taken this long to get out of a recession, and if Obama would have been in office instead of Bush, it would have started earlier with his disastrous policies and administration.

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