Nevada Has Nation’s Highest Jobless RateJune 21st, 2010 - 7:35 pm ICT by GD
By Meena Kar
Las Vegas, June 21, (THAINDIAN NEWS) Nevada has topped the list but not for anything that it can be proud of. The figures of unemployment released by the United States Bureau of Labor Statistics on June 18 for May 2010 shows that Nevada’s unemployment rate has increased from its’ previous 13.7 % to 14%.
This rise has been able to leave behind Michigan whose unemployment rate at present is 13.6 percent. The new figure has set a new record for the state and the state Department of Employment, Training and Rehabilitation on Friday said that the new percentage of unemployment has set a new record of the state.
In the month of April the number of unemployed people in Nevada were 192,000 while in the month of May it was reportedly 1.18 million. According to the reports the state has a labor force of 1.37 million and still around 189,000 people are seeking jobs in the state actively but are unsuccessful in their attempts.
Bill Anderson the chief economist who works with Nevada’s employment agency has told that around 10,000 left Nevada’s labor force between April to May. The workers according to him were seen either leaving the state or giving up their job hunt.
Bill Anderson has voiced that the county’s figure of unemployment cannot be compared with that of the state rates as the rate of the latter varies from one season to another according to the labor market. According to Bill Anderson at this time of the season college graduates should be entering the labor force.
However, the economy at present is seen to the struggling and according to Bill Anderson there has been no unfolding of “positive trends” which he claims the state has seen in the past.
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