LAS VEGAS STRIP MASS SHOOTING: Latest Updates; How You Can Help

Nevada Jobless Rate Falls to 5.1 Percent; Lowest in 9 Years

CARSON CITY, Nev. (AP) — Nevada’s unemployment rate ended 2016 at 5.1 percent, the lowest in nine years.

The Nevada Department of Employment, Training and Rehabilitation reported Tuesday that in a year-to-year comparison, the jobless rate was down 1.2 percent in December, compared with the same month in 2015.

The numbers came out just hours ahead of Nevada Gov. Brian Sandoval’s scheduled State of the State speech.

Sandoval says he’s pleased that the state is setting employment records.

Unemployment peaked during the Great Recession at nearly 14 percent in 2010.

Chief state economist Bill Anderson says that as a category, trade, transportation and utilities grew fastest in 2016, adding 9,000 jobs.

Construction was up 10.4 percent over 2015, adding 7,200 jobs.

Nevada’s unemployment rate was 5.2 percent in November. The figures are seasonally adjusted.

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Las Vegas

Introducing Your New Podcast Network Play.it
New CBS Local Sports

Listen Live