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article imageUnemployment nationally at 9.7 %, Nevada reaches 13.2 % Special

By Jay David Murphy     Sep 18, 2009 in Business
The unemployment numbers are in for August and for the eighth straight month Nevada's unemployment rate goes up. The construction and hospitality industries have been hit the hardest.
As predicted by experts in Nevada, the unemployment percentage went up again after a record in July. Statewide, after being seasonally adjusted, it hit 13.2 percent. For Las Vegas it went up to 13.4 percent. Reno was at a high of 12.4 percent and Carson City came in at 12.1 percent. Elko Nevada fared better at 6.6 percent.
For the United States, once seasonally adjusted, the nation hit 9.7 percent, just barely missing the double digits. California, with the world’s fifth largest economy, once seasonally adjusted, was not far behind Nevada at 11.9 percent.
Even with the kids back in school, unemployment rates across the nation and out west are at all time highs.
The numbers which really stand out are in the construction industry in Nevada with a -31.4 percentage change from August of 2008. Also, the specialty trade contractors were off -21.3 percent from last August.
The other big number in the unemployment pie in Nevada was Leisure and Hospitality which is off -23.9 percent overall.
Both of these sectors have fueled the growth and what makes Vegas what it is to Americans.
Had there not been a 1.4 percent rise in employment in education and health services it would have been a column-by-column clean sweep for increasing unemployment in Nevada.
That makes it eight straight months in Nevada that unemployment has gone up. It started in January at 9.4 percent and is now 13.2 percent. In January, Las Vegas started at 10 percent and is now at 13.4 percent.
The thing that is concerning many Nevadans is the impending slow season. November and December, which are traditionally the off months of the year, especially for Las Vegas, has a lot of people nervous and even with the opening of CityCenter in December; there is a strong possibility that the unemployment rate will go even higher yet.
In an email to Digital Journal’s Jay David Murphy, Senator Harry Reid in Washington had this statement concerning the numbers out today on unemployment in his home state of Nevada: “My thoughts are with the Nevadans who continue to struggle to find work and make ends meet. Today’s unemployment rate underscores the importance of ensuring the state is doing everything it can to create jobs by putting the $2 billion in economic recovery funding to work as quickly as possible. There is still a long road ahead toward full economic recovery, however, I will continue to do everything I can to strengthen our economy and create good-paying jobs in Nevada.”
Meanwhile, Nevadans continue to hit a plethora of job fairs without success.
There is one place you are almost guaranteed a job - driving a taxi cab. If you can go through the gauntlet of a physical exam, drug test (hair and urine), background check, have a clean driving record, pass several tests with the Taxi Authority, and make it through three days of training, pay about $160.00 in total fees and costs, you can drive a cab, guaranteed by most of the cab companies in Las Vegas. This process realistically takes about two weeks.
More about Unemployment, Nevada, Senator reid, Jaydavidmurphy
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