October Unemployment Rate Falls to 11.5% - KTVN Channel 2 - Reno Tahoe News Weather, Video -

October Unemployment Rate Falls to 11.5%

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New unemployment numbers released Monday morning show a drop across the state. According to new numbers the statewide jobless rate ticked down to 11.5 percent back in October.

The Reno-Sparks area saw a drop to 10.6% down from 10.8%

Carson City, Elko and Las Vegas all had drops as well.

The state capital's unemployment rate is down to 10.7%, a drop from 10.9%

Elko stands at 5.4%, down just slightly from 5.5%

Las Vegas sits at 11.1% down from 11.5%.

The Monday morning numbers are the lowest the state has seen in three and a half years.

The national unemployment rate stands at 7.9%


Nevada Senator Harry Reid issued the following statement after Nevada's unemployment rate decreased from 11.8% to 11.5% in October:

"The continued reduction in Nevada's unemployment rate is promising. Nevadans are getting back to work, but small businesses in our state still need opportunities to expand and hire new workers. We must do more to ensure Nevada's middle class is made stronger.

"Nevadans and Americans across the country agree that we can strengthen the middle class by adopting a balanced fiscal policy that requires millionaires and billionaires to pay a little more. In July, the Senate passed a bill to cut taxes for the 98% of Americans and 97% of small businesses making less than $250,000. House Republicans should stop trying to protect the wealthiest Americans from contributing their fair share and pass this bill immediately. Middle class Americans will have more opportunities to succeed when we level the playing field and make tax policy fairer."

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