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Wednesday, July 14, 2010

 

Nevada Unemployment Situation Worsens

The Nevada unemployment situation is continuing to get worse.

During May, Nevada's unemployment rate increased from 13.7 percent to 14 percent, following an increase from 13.4 percent during April. That decrease keeps the state's rate well above the national average at the time of 9.7 percent.

Nevada had a total non-farm employment of 1,119,800 workers during May, according to the U.S. Department of Labor Bureau of Labor Statistics. This is up from 1,119,200 workers during April, but a 2.5 percent decrease from last year.

Only four industries added jobs between April and May. The government industry added the most workers over the month, increasing by 3,900 jobs, for a total employment of 159,200.

Other industries that saw a monthly increase in employment include: manufacturing by 300 jobs; information by 100 jobs; and other services by 100 jobs.

Five industries experienced a yearly increase in employment during May. The professional and business services industry saw the biggest growth, increasing by 2.2 percent over the year, for a total of 136,800 jobs.

The education and health services industry grew by 2.1 percent to 98,600 jobs. The other services and mining and logging industries increased by .9 percent each to 34,300 jobs and 11,700 jobs, respectively. The government industry rose by .5 percent over the year.

The construction industry took the biggest hit when compared to last year, losing 23 percent of its workforce between May 2009 and May 2010, for a current total employment of 63,300.

Other industries that saw an over-the-year decrease in employment include:

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