Nevada's Unemployment Rate Falls to 8.8% - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Nevada's Unemployment Rate Falls to 8.8%

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State officials say Nevada's unemployment rate has dropped to 8.8% in December.
 
That's the lowest number since November 2008, and the fourth straight month-to-month decline.
 
Gov. Brian Sandoval says he's pleased Nevada ended the year on a positive note, but adds that the jobless rate is still too high.
 
Statistics released by the Department of Employment, Training and Rehabilitation show unemployment rates rose in the state's individual metro areas.
 
Las Vegas' jobless rate climbed from 8.6% to 8.9%, while Reno's rate was up from 8.2% to 8.4%. Carson City's unemployment rate went up from 9.1 percent to 9.3%.
 
The regional jobless rates aren't seasonally adjusted, unlike the statewide figure.

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Nevada Senator Harry Reid released the following statement today regarding Nevada's unemployment rate falling to 8.8%:

"Today's report shows why Republicans must join with Democrats to extend emergency unemployment insurance for the 1.6 million Americans and 21,000 Nevadans whose benefits have been cut off. The economy is improving for some, but tens of thousands of people in Nevada and millions more across the country still cannot find work no matter how hard they try. Although there was a modest drop in unemployment claims statewide, Las Vegas unemployment has increased.  We must not yield in our fight to create jobs for those that need them so badly. For those still unemployed, we have not forgotten their struggle, and I will do everything I can to create jobs and continue to improve our economy."

U.S. Senator Dean Heller (R-NV) issued the following statement regarding the Nevada unemployment figures released earlier today:

"It is encouraging to see more Nevadans getting back to work, and I hope this pattern continues. In the meantime, Congress should act now to help Nevadans struggling to make ends meet while they look for employment.

"Last month, I introduced a bipartisan bill to extend unemployment insurance for the thousands of Nevadans looking for work. My colleagues and I have also been working with Democrats and Republicans to find a solution that can pass both chambers. By coming together, Congress can provide immediate relief to those who need it and focus on long term proposals that will spur job growth," said Senator Dean Heller.

Today, Representative Steven Horsford (NV-4) released the following statement regarding the Nevada Department of Employment, Training, and Rehabilitation's December Labor Market Report, which found that Nevada's unemployment rate dropped from 9% to a seasonally adjusted 8.8%, the lowest it has been since November, 2008:

"Although this newest report shows Nevada recovering with four straight months of declining unemployment, we still have a long way to go. There are still thousands of Nevadans who are struggling in an economy with too few jobs. Congress must act to help 1.6 million Americans, including 20,969 Nevadans, who have lost their unemployment insurance. The number of Nevadans hurt by the expiration of benefits will continue to climb until Congress acts."
Nationwide, nearly 72,000 people are losing unemployment insurance (on average) every week – adding to the 1.3 million Americans who lost their unemployment insurance on December 28th, 2013.

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