Las Vegas – Unemployment in the Silver State – and Las Vegas – continues to fall. The numbers for May were just released and show joblessness at its lowest level since 2008.
The Nevada Division of Employment and Training reports a tenth-of–a-percent drop statewide: 9.6 percent in April to 9.5 percent in May.
The unemployment rate also dropped here in Las Vegas – even more than the statewide numbers: April’s local joblessness was 9.6 percent and May’s was 9.3 percent.
Governor Brian Sandoval is quoted as saying that even though employment so far this year is nearly 25,000 jobs higher than a year ago, the pace of hiring activity remains cautious.
There were 131,400 Nevadans looking for work last month. And the state’s Chief Economist Bill Anderson says -quote- “Cautious optimism in Nevada’s economy is attracting more people into the labor force as May marks the fourth consecutive month of expansion.”