Unemployment rate up slightly
March 27, 2006
CARSON CITY (AP) – Nevada’s unemployment rate inched up slightly in February, to 3.8 percent, but a state report Monday showed that the rate is still below the national average of 4.8 percent.
The state Department of Employment, Training and Rehabilitation said Nevada’s seasonally adjusted rate increased from 3.6 percent in January as total employment climbed to just over 1.2 million. There were about 50,100 unemployed Nevadans in February.
Terry Johnson, the agency director, said the 3.8 percent rate, while up slightly from January, is “well below” the state’s 10-year average of 4.8 percent. It’s also lower than the 4.9 percent rate in February in neighboring California.
Johnson also said the number of out-of-work Nevadans has dropped by nearly 5,000 over the past year despite strong population growth in the state.
In the same period, the total number of jobs climbed by nearly 75,000.
For the Las Vegas area, non-seasonally adjusted unemployment decreased from 3.9 percent in January to 3.8 percent in February.
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There were about 864,700 people working in the area and the jobless total was 34,000.
The Reno area saw non-seasonally adjusted unemployment decrease from 4.5 percent in January to 4.1 percent in February. Employment totaled 206,700, and about 8,900 people were out of work.
Carson City-area unemployment decreased from 5.3 percent in January to 4.9 percent in February. Employment in the area totaled about 26,600 and unemployment totaled about 1,400.
Unemployment in Elko and Eureka counties decreased from 4.5 percent to 4.2 percent. There were 23,500 people working in the area during February and about 1,000 without jobs.
A breakdown of hiring statewide by specific industries showed a month-to-month increase of about 1,600 workers in leisure and hospitality, which includes hotel-casinos, and an increase of about 2,300 jobs in construction. Also reported was a decrease of 300 workers in professional business services.
The report shows 800 fewer jobs in retail, and an increase of about 5,700 in government hiring – mainly as a result of teachers returning from semester breaks.
Mining held steady, information service was down 100, manufacturing was up 100, financial activities was up 200, and education and health service hiring was up 1,100.