Nevada jobless rate drops to 12.3 percent
by Associated Press
Dec 17, 2009 | 697 views | 0 0 comments | 7 7 recommendations | email to a friend | print
CARSON CITY (AP) — State officials say Nevada's unemployment rate fell for a second consecutive month in November, to 12.3 percent.

But the state Department of Employment, Training and Rehabilitation said Thursday that it sees a troubling trend.

It says almost 14,000 workers either left the state during the month, or were too discouraged to seek employment.

The agency revised October's rate slightly, from 13 percent to 12.9 percent.

Economists say that while the nation sees glimmers of economic recovery, Nevada's troubles might persist because of the collapsed housing market and dependency on sales and casino taxes.

The report says the jobless rate dropped in November to 12.1 percent in the Las Vegas area and 11.3 percent in the Reno-Sparks area.

Nevada's still ahead of the national unemployment rate of 10 percent.
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