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Nevada Jobless Claims Drop

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Photo Credit: Getty Images

Photo Credit: Getty Images

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CARSON CITY, Nev. (AP) — Initial claims for unemployment insurance in Nevada fell 15 percent in April compared with the same month last year.

State economic Bill Anderson says the double-digit decline continues a trend that began in August 2013.

Anderson on Thursday said while caution is needed interpreting the data, the ongoing decline suggestNevada’s labor market continues to recover at a slowly accelerating pace.

He adds that initial claims for jobless benefits tend to increase during the fall and winter months and then fall in the spring and summer.

Initial claims peaked during the recession at 36,414 in December 2008.

 

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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