Carson City's unemployment ticks down to 7.1 percent in September
Carson City's unemployment fell to 7.1 percent in September, down from August’s 7.5 percent and 2.4 percent over the stretch of a year, according to figures released Friday from the Nevada’s Department of Employment, Training and Rehabilitation. Statewide the unemployment rate fell to a seasonally adjusted 7.3 percent in September, the lowest it has been since July 2008.
“I am pleased to see the Silver State’s unemployment rate continue to show improvement. We are growing in key economic sectors and more Nevadans are once again finding good jobs,” said Governor Brian Sandoval. “Our economy is showing positive signs, but we must remain diligent in our economic and workforce development efforts."
The non-seasonally adjusted unemployment rate showed improvement for Nevada’s metro areas on a year over year basis, said Bill Anderson, chief economist for Nevada’s Department of Employment, Training and Rehabilitation.
The largest decline occurred in the Las Vegas-Paradise MSA which fell 2.6 percent percentage points from last September, to 7.1 percent. The rate decreased from 7.7 percent in August. Similarly, the Reno-Sparks MSA fell 2.5 percentage points from last September with an over the month decrease of 0.5 to 6.4 percent.
Nevada’s seasonally adjusted employment increased on a year-over-year basis for the 45th month in a row in September, to 1.22 million, though it did fall month-over-month by 1,800, Anderson said. Year-over-year, employment increased by more than 38,000 jobs, the third-highest reading since November 2008.
“Through the first nine months of this year, job levels are trending a bit in excess of 40,000 higher than a year ago,” Anderson said. “Should these trends hold through the rest of the year, we will have added about 100,000 new jobs over the 2010-2014 period. To put these gains in perspective, the State lost about 175,000 jobs over the 2007-2010 period.”
Construction continues to lead the state in terms of percentage growth, up 12.8 percent over the year. The state’s largest industry, leisure/hospitality, added 4,100 jobs to payrolls, relative to last September, up 1.3 percent. The only sectors to lose year-over-year employment this month are mining, down 200 jobs, and government, down 600 jobs, Anderson added.
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