CARSON CITY, Nev. (AP) — Nevada’s unemployment rate has dropped to its lowest level in nearly five years after adding more than 7,000 jobs in October.
State officials say the jobless rate was 9.3 percent in October, down from 9.4 percent in September. It’s the lowest level since December 2008.
Officials initially said September’s jobless rate was 9.3 percent, but later revised those figures upward.
Chief economist Bill Anderson of the Nevada’s Department of Employment, Training and Rehabilitation says the state added 7,400 jobs in October, after a loss of 8,800 in September.
Las Vegas employment grew by 4,800 jobs in the month of October, and is up 2.1 percent year over year. Reno-Sparks employment grew by 1,600 jobs.
Anderson predicts the state will match or exceed last year’s holiday job growth.
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