Nevada Unemployment Rises to 7.6%

Nevada’s unemployment rate rose again for the sixth consecutive month, hitting 7.6 percent in October, which is the highest it’s been since May 1985. The state’s rate has exceeded the national average every month since mid-2007. The national rate was 6.5 percent in October.
“Key components of the State’s economy—housing, commercial development and consumer spending—have been […]

National Job Market Bleak….very bleak

Two national employment reports were delivered today, the Bureau of Labor Statistics report for October and the SHRM LINE (Leading Indicators for National Employment).  Here are the basics of each report:
Bureau of Labor Statistics:

National unemployment rises from 6.1 to 6.5 percent
Employment has fallen 1.2 million in the first 10 months of 2008
Half of the decline […]

Nevada Unemployment Rate Rises to 7.3 Percent in September

The statewide unemployment rate increased to 7.3 percent, the highest the rate has been since November 1985. The rate is up from 7.1 percent in August and up from 5.0 percent in September 2007. Rates in the state’s two metropolitan areas increased as well, led by Las Vegas-Paradise at 7.4 percent, followed by Reno-Sparks at […]

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