Nevada’s November unemployment down to 6.5 percent
Submitted by Jeff Munson on Wed, 12/16/2015 - 11:10am
Nevada’s unemployment rate fell to a seasonally adjusted 6.5 percent in November, the lowest it has been since June 2008, according to figures released Wednesday by the state's Department of Employment, Training and Rehabilitation.
“I am encouraged that we continue to experience more good news for the labor market. November represents the 57th consecutive month in which the Silver State’s unemployment rate has been lower than the previous year,” said Gov. Brian Sandoval. “Nevada continues to make great strides as our economic recovery sustains this positive momentum, but we know there is still work to be done to ensure all Nevadans have the opportunity to obtain employment.”
The state added 30,900 jobs over last year, for a growth rate of 2.5 percent, said Bill Anderson, chief economist for Nevada’s Department of Employment, Training and Rehabilitation.
“While month over month, employment fell by 4,800, leading to a seasonally adjusted decline of 6,700 jobs, November is the 59th consecutive month of year-over-year employment increases,” Anderson said.
Leisure and hospitality experienced the greatest employment growth for the year, adding 13,200 jobs, while the construction sector showed the greatest percentage growth at 12.3 percent, adding 7,800 jobs. Indicative of the seasonal hiring activity, retail trade employment is up 6,800 over the month.
