Jobless Rate Increases for Nevada, Elko Sees Relief

Once again, Nevada leads the nation in unemployment.

Figures released from the Nevada Department of Employment, Training and Rehabilitation reveal more economic futility for Nevada. The unemployment rate crawled to 14.4 percent – a record high. However, that same rate in the Elko area fell from 8 percent to 7.7 percent since July – the second lowest rate in the state.

The report gave the gritty details – 192K in the state of Nevada are unemployed. Some 142K of those are in the vicinity of Las Vegas. As it pertains to Elko County, 26,150 are employed with 2,150 out of work.

Younger workers are being shafted due to more experienced workers laid off from their higher paying jobs taking jobs they would normally take. Even more troubling, the number of workers 65 and over overtook the number of workers age 16-19 in Nevada’s labor force in May 2009. Officials say this shift is a result of the recession.

On the good side of the economic news for Nevada – the bulk of jobs that were created recently came from the construction industry, which added 700 jobs. The personal and business services sector tacked on 500 jobs. While the leisure and hospitality industry added 700 jobs, those only offset the 700 jobs lost in casino and hotel gaming.

The national jobless rate stands at 9.6 percent.

For more on this story, visit The Elko Daily News