Nevada’s unemployment rate in October was 9.3%, falling 0.1% from the September level, according to the Department of Employment, Training and Rehabilitation (DETR). You may be shaking your head a little if you remember the September report from earlier this week, which reported that month’s rate at 9.3% as well. However, September’s unemployment rate was revised up a notch to 9.4%.
The state added 8,800 jobs during the month of October. Employment in Construction increased by 3,100 from September 2013 and 2,200 from the previous October, on a seasonally-adjusted basis.
In the Las Vegas area construction employment was up 500 from the prior month and was unchanged from a year earlier. The Reno area’s construction employment increased 600 during the month and is 200 higher than the previous October.
The Governor weighed in on this report.
“While Nevada continues to experience monthly volatility, overall the Silver State is headed in the right direction,” said Governor Brian Sandoval. “To continue the momentum of economic recovery, we must cultivate diverse industry opportunities and support jobseekers in skills training.”
Las Vegas added 4,800 jobs overall in October and employment in the area has increased by 17,500 so far in 2013. Employment in Las Vegas has grown 2.7% year-over-year, compared with 2.2% in Nevada overall and 1.7% across the United States.
September’s unemployment report was released earlier this week. These reports aren’t normally released so closely together but September’s was delayed due to the partial federal government shutdown during October.