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December 18, 2010

Nevada Unemployment Rate Increases to 14.3% … Harry Reid Still on the Job

Posted in: Economy,Harry Reid (D-NV),Jobs,Senate,Unemployment

Thank you Harry Reid … The jobless unemployment rate in Nevada increases to 14.3%. Maybe the folks of Nevada would like to explain themselves as to how they reelected Harry Reid back to the US Senate. Do they have no one but themselves to blame for their predicament? One really has to question how a state can have an unemployment rate that is so far above national unemployment rate, coupled with record home foreclosures and bankruptcies and still keep the same people in political power.

One would think that of all the jobd lost in Nevada, Harry Reid’s would have been one of them.

The recession has wiped out 15 years’ worth of economic growth in some corners of Nevada’s economy, and experts say some of that lost commercial activity could be gone for good.

Nevada has taken an employment beating.

  • For the first time since 1995, construction employment in Nevada has dipped below 60,000 jobs. 
  • Leisure and hospitality market: Jobs base has fallen to its lowest level since October 2001, following aftermath of the Sept. 11, 2001.
  • Factory jobs in Nevada have fallen 26.3% 

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