Nevada's unemployment rate fell to a seasonally adjusted 7.1 percent in October.
Officials from the Nevada Department of Employment, Training and Rehabilitation say that number is the lowest since June 2008. They go on to say that October marks the 45th consecutive month of year-over-year unemployment rate declines.
In a statement, Governor Brian Sandoval said, “Through the first ten months of the year, we have added 40,000 new jobs across the state, putting more Nevadans back to work. While we continue to be one of the fastest growing states in the nation, we must remain focused on workforce development and private sector job creation so that all Nevadans can find good-paying, sustainable employment.”
The unemployment rate for Reno-Sparks fell 2.7 percentage points over the year, to 6.1 percent.
