Nevada unemployment numbers fall; state no longer leads nation in joblessness

Go ahead. Celebrate.

Just not too much.

Nevada’s jobs economy crossed important psychological barriers in December and January, shedding stigma the way locals shrugged off sweaters amid the week’s heat wave.

Yet, just as it’s important to remember it’s still winter, it’s important to note that the recession hasn’t completely relinquished its grip on state labor markets.

Sure, newly adjusted numbers from the state Department of Employment, Training and Rehabilitation revealed Friday that unemployment fell to single digits in December for the first time since February 2009 — a big surprise for economists who predicted we would spend most or all of 2013 above 10 percent.

Plus, the latest figures show that in December Nevada stopped leading the nation in unemployment. The Silver State fell behind Rhode Island af ter relinquishing the top spot for the first time since February 2010. What’s more, January brought the 18th straight month of jobless declines. In all, 132,600 people, including 100,700 Las Vegans, were out of work and looking, down from highs of 197,600 statewide and 144,700 locally in 2010 and 2011.

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Source: Las Vegas Review Journal (March 15, 2013)