recession

April unemployment claims filed in Nevada were down 9.3 percent from April 2014 figures, with the general trend in claims, captured by the 12-month moving average, remaining relatively flat, falling by 0.8 percent to 14,510 in April, said Bill Anderson, chief economist for Nevada’s Department of Employment, Training and Rehabilitation.

The Nevada JobConnect will hold a Job Fair for those looking for a job in the manufacturing industry on Wednesday, May 13, 2015 from 10 a.m. to 2 p.m. at the Reno Town Mall at 4001 S. Virginia St., Reno.

As Nevada continues to recover from the recession, employers are steadily adding jobs to the economy, creating more opportunities for jobseekers, said Renee Olson, administrator for Nevada’s Department of Employment, Training and Rehabilitation’s Employment Security Division, which oversees Nevada JobConnect.

Members of a legislative subcommittee voted on Wednesday to recommend the state end its foreclosure mediation program saying it did its job during the recession but is no longer needed.“We’ve turned a corner and it’s ...

To the Editor: I am writing this as a business owner who has spoken to many businesses, residents, agricultural community, and yes, teachers who all support education, including myself, but, not at the expense of small businesses. At a glance looking at the Governor’s Sandoval’s bill this sounds like an appealing option, but go a little deeper and you will see that this could be a devastating decision for many of the people who are the backbone of our business community. This bill could possibly be the straw that broke the camel’s back. It reads as follows:

The Carson City area experienced the largest year-over-year unemployment decline statewide, falling 1.8 percentage points to give the capital city an unemployment rate of 7.8 percent, according to figures released Tuesday from Nevada’s Department of Employment, Training and Rehabilitation. More good news, Carson City added 200 jobs in March.

The combination of rising costs, state cuts during the recession and the burgeoning Medicaid population under the Affordable Health Care Act has left Nevada’s hospitals with an unsustainable, unfunded burden.Bill Welc...

Nearly 85 percent of the small business jobs lost during the downturn in Nevada have been recouped, with 20,000 added in the past year, said Bill Anderson, chief economist for Nevada’s Department of Employment, Training and Rehabilitation.

UPDATE: The Nevada State Demographer’s Office, located at the University of Nevada, Reno College of Business, has released its 2014 population estimates. The state gained an estimated 42,334 persons from July 2013 to July 2014, an estimated increase of 1.5 percent, about equivalent to the increase of 1.8 percent the prior year. This is higher than the 2011 to 2012 period when the state grew by 1.0 percent.

The number of employers in Nevada set a new record, reaching 61,200 in the fourth quarter of 2014, the Department of Employment, Training and Rehabilitation announced Monday. The previous record was set in the second quarter of 2008 at 60,600 employers.

Nevada unemployment insurance claims fell 7.7 percent in January compared to January 2014 figures, with 15,572 initial claims filed. It is the lowest number of January initial claims since 2007, employment officials said Thursday.

Weekly wages in Nevada increased slightly, averaging $840 during the third quarter of 2014, the second highest third quarter reading on record, according to the Department of Employment, Training and Rehabilitation in a news release Friday. This compares to $836 a year ago, a gain of just 0.5 percent.

Unemployment in Nevada's capital city fell 2.2 percentage points over the year, ending December with a rate of 7 percent, said Bill Anderson, chief economist for Nevada’s Department of Employment, Training and Rehabilitation.

Carson City follows the rest of the state in terms of improvements, with Nevada's rate ending in 2014 at 6.8 percent, down from 6.9 percent in November and 9 percent in December 2013. This is the lowest the rate has been since June 2008 when it was also at 6.8 percent.

Here is the full text of Nevada Gov. Brian Sandoval's speech delivered to the Nevada Legislature Thursday, Jan. 15, 2015.

Mr. President, Mr. Speaker, Distinguished Members of the Legislature, Honorable Justices of the Supreme Court, Constitutional Officers:

In his State of the State Thursday evening, Gov. Brian Sandoval announced that Switch, a major data center provider, picked Northern Nevada as the location for its next major expansion.

The announcement is considered a big win among economic development circles for a region that has focused on diversifying away from gaming, tourism and construction after the recession.

With year to date growth of 3.7 percent relative to 2013, Nevada’s private sector is growing faster than all other states except North Dakota, which has a growth rate of 4.4 percent and Colorado, which stands at 3.8 percent growth rate, said Bill Anderson, chief economist for Nevada’s Department of Employment, Training and Rehabilitation.

When recession struck the Silver State, it was Nevadans who pulled together and were the most charitable, according to IRS statistics compiled by a national nonprofit consulting agency.

From around December of 2007 to June of 2009, the recession kicked off by the subprime mortgage crisis, affected the entire nation and especially Nevada, among the hardest hit. The states that experienced some of the biggest decreases in median income actually increased their charitable giving the most, according to PlentyConsulting.com.

Nevada’s labor market will continue to show marked improvement through 2017, said Bill Anderson, chief economist for the Nevada Department of Employment, Training and Rehabilitation’s Research and Analysis Bureau.

The City of Yerington and Lyon County are pleased to announce that Friday, the U.S. Senate passed the Congressional legislation to transfer 10,400 acres of land from the federal government to the City of Yerington.

The same bill passed the House of Representatives on Dec. 2014. Section 3009, the “Land Conveyance to Yerington, Nevada” was included in the National Defense Authorization Act and will now go to President Obama for signing before year-end.

Democrats, modern liberals and progressives often say they’re concerned about income inequality. So, they propose more redistribution: higher taxes on the well-off and higher public subsidies for others.

Adding subsidy increases to their ever-growing regulatory system and other public spending drove total government spending relative to our economy to record post-WWII levels under President Obama. Yet they still want more.

When Carson City throws a Thanksgiving dinner, the Carson Nugget has always delivered. With 60 years now under its belt, the downtown capital city casino again outdid itself with community service, treating nearly 1,000 residents to a free Thanksgiving meal.

Teaming up with Friends in Service Helping, also known as FISH, guests were stuffed with turkey and all the trimmings, dished up by dozens of volunteers.

Initial Nevada jobless claims in October are down 1.9 percent from October 2013 figures, according to figures released Thursday from the Department of Employment, Training and Rehabilitation. There were 14,124 initial claims for unemployment insurance filed in Nevada for the month.

While claims now appear to be at a stable level, initial claims have fallen compared to the previous year in 54 of the past 59 months, said Bill Anderson, chief economist for Nevada’s Department of Employment, Training and Rehabilitation.

The following is in answer to Brendan Trainor's RN&R Nov 6th column, The power of gold and silver.

http://www.newsreview.com/reno/power-of-gold-and/content?oid=15407117

Brendan Trainor's "Austrian School" theories won't add to his understanding of the real world of banking and finance.

In a Nevada Appeal op-ed, Controller-elect Ron Knecht laid out the premise for his ultra-conservative world view as follows:

"For 125 years, we’ve seen the rise of the dysfunctional politics of Progressivism. As it
has accelerated in the last five decades, we’ve had slowing economic growth and reductions in individual liberty, prosperity, opportunity and hope."

This is in reference to
1. http://carsonnow.org/reader-content/11/01/2014/amodei-and-minimum-wage
2. http://carsonnow.org/reader-content/10/28/2014/dave-cook-demonstrates-ex...
3. http://carsonnow.org/reader-content/10/25/2014/letter-one-year-obamacare...

These recent articles are a faithful representations of the Party Line. Of course that party line is dead wrong, but at least the writer does a good job presenting it.

In his October 19th Nevada Appeal column, Guy Farmer endorsed "PK" O'Neill for State Assembly, but described O'Neill's opponent, Dave Cook, as "a perennial candidate who should have remained on the State Board of Education." Farmer offers no rationale for his support of O'Neill or for his dismissive attitude toward Mr. Cook, whose term as Northern Nevada's representative on the Board of Education ends in 2016, not 2014.

Silver Stage High School students received an inside view of the construction trade industry on Friday morning during a Western Nevada College presentation for Careers in Construction Month.

In September, 13,560 initial claims for unemployment insurance were filed in Nevada, a slight decline compared to both the previous 12-month average, which was 14,339 and 6-month average that stood at 13,955, the Nevada’s Department of Employment, Training and Rehabilitation reports Thursday.

However, it is up slightly from the level seen in August which had 13,063 initial claims, said Bill Anderson, chief economist for the agency.

Nevada's initial August unemployment claims fell 15.4 percent over July of this year, but are up 1.6 percent compared to 2013 figures for the month.

Initial claims have fallen compared to the previous year in 53 of the past 57 months, and August’s level, at 13,063 claims, is the fifth lowest for any month since the end of the recession, said Bill Anderson, chief economist for Nevada’s Department of Employment, Training and Rehabilitation.

Carson TV News talks with local merchants who started up their businesses during the economic downturn. They explain their success and how they managed to survive, making it past the recession from five years ago and now into Carson City's economic upswing.

Over the past year and a half, Greater Nevada Credit Union (GNCU), the area’s largest locally-based credit union, has seen more than 115% growth in its business lending portfolio. One of the credit union’s newest products, construction loans, is taking off just as rapidly, thanks to local businesses that want to expand, and the unique services offered by Greater Nevada to help them do it.