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Nevada Unemployment At 5-Year Low

9% In November
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Photo Credit: Getty Images

Photo Credit: Getty Images

Nate Tannenbaum Nathan Tannenbaum
Email Nathan at nathan.tannenbaum@cbsradio.com
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CARSON CITY, Nev. (AP) — Nevada’s jobless rate has dropped to 9 percent in November to reach its lowest level in five years.

Officials with the state Department of Employment, Training and Rehabilitation released the latest figures Friday. November’s rate is down from 9.3 percent in October. Jobless rates in the each of the state’s three major metropolitan areas also fell.

Gov. Brian Sandoval says he’s encouraged by the November data, which shows a 35th consecutive month of improvement in employment.

State economist Bill Anderson says the state added 9,500 jobs in November compared with October.

But he says recovery in Nevada is happening slower than in other states. Only about one-quarter of the jobs lost from 2007 to 2011 have returned.

 

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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