State officials say Nevada’s unemployment has fallen to a more than six-year low.
Churchill County’s unemployment rate, however, fell to its lowest number since 2007 at 5.4 percent.
The gradual slide for eight months began in January with a 7.7 percent unemployment rate and since that time, the unemployment figures have gradually lowered.
In August, for example, 11,810 people were working out of a labor force of 12,480 with 670 unemployed.
The Department of Employment, Training and Rehabilitation reported Friday that Nevada’s October jobless rate was 7.1 percent, which is down from 7.3 percent in September and 9.4 percent from a year ago.
The October reading was the lowest since June 2008.
“I am pleased to see further signs of underlying economic progress for the Silver State,” said Gov. Brian Sandoval. “Through the first 10 months of the year, we have added 40,000 new jobs across the state, putting more Nevadans back to work. While we continue to be one of the fastest growing states in the nation, we must remain focused on workforce development and private sector job creation so that all Nevadans can find good-paying, sustainable employment. We are moving in the right direction and must continue to make positive strides toward building a stronger, more vibrant, Nevada.”
Officials say Nevada has added 40,000 jobs across the state in the first 10 months of the year.
The state also released regional unemployment statistics that aren’t seasonally adjusted like the statewide figure. Las Vegas’ unemployment rate is down to 6.8 percent, while the Reno area’s rate is 6.1 percent.
Carson City’s jobless rate is 6.8 percent.
“Nevada’s job growth rank has been steadily climbing, outperforming 48 other states in terms of employment growth of late,” said Bill Anderson, chief economist for Nevada’s Department of Employment, Training and Rehabilitation (DETR). “After a long delay, this strong employment growth has finally led to an accelerated decline in the state’s unemployment rate.”
Anderson also noted that for the first time since 2007, the unemployment rate for all 17 of Nevada’s counties fell below 10 percent in September and October.