Nevada Unemployment Drops to a 5-Year Low

Nevada’s job market continues to recover, but the state has a long way to go before it reaches pre-recession employment levels. The Las Vegas Review-Journal reports that in November, unemployment dipped to a five-year low of 9%—a full percentage point lower than a year ago. However, the state’s jobless rate is still significantly above the national average of 7%.

Nevada’s drop in unemployment was primarily a result of an influx of jobs. From October to November, employers added 9,500 jobs. Nevada still has a long way to go before reaching full recovery. So far, the Silver State has recovered only a quarter of the 170,000 jobs lost during the recession.

Read more at the Las Vegas Review-Journal