Wednesday, December 9, 2009

State of Nevada Jobs Decline

More State of Nevada jobs were lost during October. Visit http://nevada.jobing.com to learn more.

During October, Nevada saw its unemployment rate decrease from 13.3 percent to 13 percent, following an increase from 13.2 percent during September. Despite the decrease, the state's current rate was still higher than the national unemployment rate at the time of 10.2 percent.

Nevada had a total non-farm employment of 1,174,800 workers during October, according to the U.S. Department of Labor Bureau of Labor Statistics. This is down from 1,179,700 workers during September and a 6 percent decrease from last year.

Five industries saw a monthly increase in employment, including: mining and logging by 100 jobs; information by 100 jobs; financial activities by 1,000 jobs; education and health services by 1,200 jobs; and other services by 100 jobs. Employment in the leisure and hospitality industry remained at an even 307,600 jobs.

Only one industry managed to add jobs on a yearly basis. The education and health services industry employed 99,400 workers during October, up from 98,200 workers during September and a 3.4 percent increase from last year.

The construction industry took the biggest hit when compared to last year. The industry employed 82,100 workers during October, down from 82,600 workers during September and a 26.9 percent decrease from last year.

Other industries that saw an over-the-year decrease in employment include:
  • mining and logging by 2.4 percent
  • manufacturing by 7 percent
  • trade, transportation and utilities by 3.3 percent
  • information by 5.4 percent
  • financial activities by 3.3 percent
  • professional and business services by 5.5 percent
  • leisure and hospitality by 6 percent
  • other services by .8 percent
  • government by 3.4 percent

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