Nevada Appeal Capitol Bureau

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October 19, 2012
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New unemployment claims at five-year low

New unemployment claims reached a five-year low in September, falling below 14,000 for the first time since September 2007.

But Bill Anderson, chief economist for the Department of Employment, Training and Rehabilitation, pointed out that September is typically the low point in initial claims each year.

"So this one month is not enough, by itself, to establish a new trend," he said.

But he said the news is encouraging.

"As Nevada has been recovering from the 2007 recession, the number of people claiming unemployment benefits has been steadily falling when compared to the prior year, registering a decline in 33 …

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The Nevada Appeal Updated Oct 19, 2012 02:30AM Published Oct 19, 2012 02:29AM Copyright 2012 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.