Las Vegas Unemployment rate spikes to 10% - Nevada Overall at 9.4%
Nevada Statewide 9.4%
Las Vegas-Paradise 10.0%
Carson City 11.1%
Link to data
Nevada’s seasonally adjusted unemployment rate climbed to 9.4 percent in January, up from a revised 8.4 percent in December, said William Anderson, chief economist for the Nevada Department of Employment, Training & Rehabilitation (DETR). Nevada’s unemployment rate continues to surpass the national average, which was 7.6 percent in January.
January’s unemployment rate was the highest since August 1983. The unadjusted unemployment rate at both the state and MSA level topped 10.0 percent. The statewide rate reached 10.2 percent. Carson City experienced the highest unemployment rate, 11.1 percent, followed by Reno-Sparks at 11.0 percent, and a jobless rate of 10.0 percent in the Las Vegas-Paradise MSA, Anderson said.
Note: double the understated figures above for a closer idea of the true unemployment picture: Unemployment rate reality