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Nevada jobless rate rises to 13.4 percent in Aug.
by Associated Press
Sep 17, 2011 | 2083 views | 0 0 comments | 3 3 recommendations | email to a friend | print


CARSON CITY (AP) — Nevada’s unemployment rate has climbed to 13.4 percent in August in the third straight month the numbers have increased.

Last month’s figure is a jump from July’s 12.9 percent jobless rate but is still lower than last August’s 14.9 percent.

In Reno-Sparks, the jobless rate held at 13 percent for the second straight month.

“The August jobs report confirms what has been evident since the beginning of summer —that Nevada’s labor market is not improving as well as many would hope,” Bill Anderson, chief economist with the Nevada Department of Employment, Training and Rehabilitation (DETR), said in a statement. “The market continues to experience flat employment readings and an increasing jobless rate. The good news is that dramatic job losses have subsided; unfortunately, it is not enough to consistently bring the unemployment rate down. The poor condition of the construction industry continues to contribute heavily to Nevada’s economic stalemate.”

“The latest unemployment figures are a clear indication that we must do more to get Nevadans working again,” Gov. Brian Sandoval said in a statement. “I have been in conversations with my Cabinet and we are preparing programs to address workforce training, better coordination of eligibility for many state services, and specific efforts for veterans and other populations. We have no higher priority than addressing this challenge.”

“The rising unemployment numbers represent real people in Nevada who will be spending yet another month dipping into savings and stretching their dollars to cover basic living expenses,” Sen. Dean Heller, R-Nevada, said in a statement.  “Businesses and households across Nevada are desperate for a jobs plan that produces real results. Democrats and Republicans, the president and Congress, need to come together to develop meaningful solutions that will spur economic growth and create job opportunities for people eager to get back to work.”

Nevada lags behind the national August jobless rate of 9.1 percent.
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