It’s been a hard year for those looking for work in Nevada. With credit issues causing several major casino project being put on hold, expect construction positions and many other types of employment opportunities were not what the state had hoped for. Despite the fact that the holiday season usually brings seasonal jobs in Nevada(For more information, click here), unemployment is once again on the rise.
During the month of November, the percentage of the population without work increased to 8 percent, according to the State Department of Employment, Training and Rehabilitation. This means that a larger percentage of individuals are currently unemployed in Nevada than there has been since February of 1984.
Although last month’s 0.4 percent rise may be comparable to the statistics of 24 years ago, the number of people in the state makes quite a difference. In 1984 there were only 40,000 people in the state who were collecting unemployment benefits. Now there are 111,000 jobless individuals who are actively seeking work.
With tourism down, Las Vegas has also seen an increase in unemployment. Currently 7.9 percent of the population is without work in the area. Reno is fairing only slightly better with a jobless rate of 7.8 percent. At this time, the national rate is 6.7 percent.
In November, employers in Nevada did away with a total of 2,700 jobs. Throughout the last 12 months the number of positions dropped by more than 15,000 opportunities. Many economist believe that the state will not recover from the damaging effects of the recession until sometime during 2010. Others believe that Nevada continue to suffer until 2011.
Nationally, last month was the first time since December of 1974 that the number of jobs in the country fell by more than 500,000. In the last 12 months, American employers have done away with somewhere close to 1.9 million jobs.
[...] Jobs in Nevada Fall in November Itâ??s been a hard year for those looking for work in Nevada. With credit issues causing several major casino project being put on hold, expect construction positions and many other types of employment opportunities were not what the state had hoped for. Despite the fact that the holiday season usua… [...]