LAS VEGAS -- The state's unemployment rate dropped in December to 12.6 percent from 13 percent the month before. While that sounds high, it is an improvement over the year before when the jobless rate in Nevada was 14.9 percent.
The state economist says the drop in unemployment is partly because people have stopped looking for work and partly because the state added 3,500 jobs in December. Hospitality and food service saw the biggest drop in jobs. The clothing industry saw the biggest jump.
David Schwartz with the Center for Gaming Research at UNLV says the slight dip in the unemployment rate shows the trend in hiring at gaming companies.
"Basically, what we can look forward to is smaller increases which are going to be a lot steadier. Hopefully, they will be more stable as these places get healthy. They are not in danger of closing so you will not have us losing as many jobs, but you are also not going to have as many created," Schwartz said.
Schwartz says as long as southern Nevada continues to see visitor volume increase, hotels, casinos and restaurants will put people back to work to maintain their level of customer service. He says right now they are just doing what they can with less.
The jobless rate in Las Vegas was 12.7 percent. Reno's rate was 11.9 percent.
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(The Associated Press contributed to this report)
Source: http://www.8newsnow.com/story/16582827/state-sees-drop-in-unemployment
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