It’s hard to believe that Nevada has finally passed MICHIGAN of all places to take the crown for highest unemployment in the nation…no matter how bad things got, one could always rest a little easier knowing that things were worse in Michigan. No more. In May 2010, Nevada’s unemployment rate hit 14%, or 13.8% with a seasonal adjustment.
But amid this horror, there IS some good news: 16 of Nevada’s 17 counties posted LOWER unemployment in May than they did in April, and the 17th county (Douglas) held steady with 15% unemployment. Some other fun facts:
The unemployment rates decreased between 0.1 and 0.8% in 16 counties — Clark (14.1%) and Washoe (13.3%) both decreased 0.1% in May.
Lyon County remains the hardest hit county in Nevada with a staggering 18.3% unemployment, but that’s down from 19.1% last month.
Lander County reported the lowest unemployment rate in May, with just 7.6% unemployment thanks to strong mining industry employment. Mining,...
The Center for Regional Studies serves the State of Nevada with data and market analyses designed to help a business select a location for operations, understand current market trends, and predict where the local economy is headed.
