Nevada’s August unemployment remains at 6.8 percent
Submitted by editor on Fri, 09/18/2015 - 4:59am
Nevada’s unemployment rate remained at a seasonally adjusted 6.8 percent in August, but is down relative to a year, and the lowest since July 2008, according to figures released Friday by the Department of Employment, Training and Rehabilitation.
“I’m pleased with recent trends in the Silver State’s labor market. As I announced yesterday, Nevada is trending at number one in job growth in the nation. In addition, the number of employers and private sector businesses are at a record-high,” said Gov. Brian Sandoval. “I am encouraged about the projections that the state will see record high levels of employment by mid-2016, which will represent another milestone for all Nevadans. We must remain diligent in our efforts to attract diverse industries and to create a more highly skilled workforce that can compete in a global economy.”
August experienced a seasonally adjusted growth of 40,200 jobs compared to last year, with construction showing the fastest growth in percentage terms. It was up 7.5 percent in August, adding 4,800 jobs over the year, said Bill Anderson, chief economist for Nevada’s Department of Employment, Training and Rehabilitation.
“All of the state’s super-sectors experienced year-over-year growth this month except for mining,” Anderson said. “Nevada’s economy is mending well with Nevada now having 1,900 more employers in the state than it had at the pre- recession peak, which is a 3.1 percent increase.”
