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State unemployment hits 25-year high

Resorts hire as jobless rate soars to 8 percent

New jobs coming to Wynn Encore and CityCenter are sorely needed in Nevada, where the unemployment rate hit 8 percent in November, the highest level since February 1984, the Nevada Department of Employment, Training and Rehabilitation reported Friday.

The Strip resorts are hiring some 17,000 people, little consolation for the 111,700 unemployed Nevadans in today's economy.


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  • The state's unemployment rate rose 0.4 percentage points from October and remained well above the national rate of 6.7 percent.

    The rise in unemployment was widespread throughout the state, said Bill Anderson, chief economist for the employment department.

    Las Vegas-Paradise and Reno-Sparks metropolitan areas both jumped 0.4 percentage points to 7.9 percent and 7.8 percent, respectively. Carson City rose the most -- 0.7 percentage points to 8.1 percent.

    The National Bureau of Economic Research announced in early December that the economy is in recession, something many Nevadans had known for months, Anderson said.

    The recession has affected nearly every sector of Nevada's economy, from leisure and hospitality to construction, which has been hit hardest, he said. The state has lost nearly 16,000 construction jobs in the past 12 months.

    "I think it's important not to be too gloomy," Anderson said. "We're going to come out of this downturn at some point. I'd say in late 2009 we'll see some stability return. That's our hope. It's not going to go on for years."

    Nationwide, employment fell by more than 500,000 for the first time since December 1974. Overall, employment has contracted by 1.9 million jobs this year.

    Las Vegas, which once led the nation with 6 percent employment growth, has struggled to create jobs in the faltering economy. Even with 5,000 new jobs at Encore, the casino industry has shed 5,100 jobs from a year ago, Anderson said. Nevada's economy lost 2,700 jobs in November and 15,300 from a year ago.

    Doug Geinzer of Recruiting Nevada employment service said people are still seeking work in Las Vegas. In the third quarter, 70 percent of job seekers visiting his Web site, www. recruitingnevada.com, were from Nevada, California, Texas and Arizona.

    "Job creation obviously is the slowest it's been in a long time," Geinzer said. "We're seeing folks in the time-share industry going on hiring freezes. You know it's slow. It's kind of crazy right now."

    Geinzer said the employment situation may turn around in the second or third quarter of 2009, depending on the impact of President-elect Barack Obama's $850 billion stimulus package. Jobs will pick up in public works, including telecommunication infrastructure projects in Southern Nevada, he said.

    The Christmas season is a time when many retailers are seeking part-time staff, but the industry doesn't show much optimism, Anderson said.

    Retail hiring has been "less than stellar" so far, he said, growing by 2,700 jobs from October to November, about 1,000 fewer jobs than average gains from 2002 to 2007.

    The top five employment categories for job seekers in the Recruiting Nevada survey were nursing (41 percent); construction management (18 percent); mining trade (18 percent); construction trades (13 percent); and instruction (10 percent).

    John Restrepo of Restrepo Consulting Group, which also worked on the survey, noted that a relatively high number of well-educated job seekers are looking for work in Nevada. The data indicated that 35 percent had a bachelor's degree or higher.

    Contact reporter Hubble Smith at hsmith@reviewjournal.com or 702-383-0491.

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    zippy wrote on December 20, 2008 04:01 PM: People..People!!
    Calm down...when the Messiah, um, er, I mean Obama takes office, this will all be resolved and we can go back living our fat-happy lives....


    Herb wrote on December 20, 2008 03:07 PM: Patrick, you must be looking at old data. Here are the current top 5...

    1.Michigan (blue)
    2.Rhode Island (blue)
    3.California (blue)
    4.South Carolina (red)
    5.Oregon (blue)

    Nevada ranks #6 so 5 out of the top 6 unemployment states are blue. Meanwhile ALL of the bottom 5 for unemployment are Red (Wyoming, North and South Dakota, Utah, and Nebraska).


    patrick wrote on December 20, 2008 02:06 PM: Herb:

    Sorry but, 3 of the top five states unemployment wise are "red" states:

    2. Mississippi
    3. South Carolina
    4. Alaska
    and seven of the top 10, sorry but Nevada has been a "red" state consistently for the last many years.

    7. Ohio
    8. Arkansas
    10. Kentucky

    Oh, and Alaska; the "top" "industry" is GOVERNMENT, some accomplishment there sarah.

    "you betcha"


    Thank You Harry Reid wrote on December 20, 2008 02:01 PM: This is one upward trend that we can thank Harry for.


    patrick wrote on December 20, 2008 01:40 PM: Herb:

    And where would you put that "great" conservative ronald reagan on the political spectrum of spending?

    LOL


    patrick wrote on December 20, 2008 01:30 PM: Herb:

    I am sorry, but bush and the rest of his neocon buddies are about as far away from liberals as there is on the political spectrum.

    bush definitely spent lots of our money, and in this way ONLY can you compare him to "liberals" and their economic policies.

    However, and most importantly, it was not simply that bush spent, it was that he spent our money in ways that NO liberal would ever spend.

    bush, and his minions, spent the money by throwing down a rat hole called war. Over 2.3 TRILLION dollars was spent by the devil devising new and horrible ways to dismember human beings. Furthermore, bush and his demonic buds decided first that they would make it possible for HIS BASE, guys like Paulson, to make multi millions (can you say billions) at the EXPENSE of the rest of the country by DEREGULATING or, in other words, BY MAKING LEGAL WHAT HAD PREVIOUSLY BEEN ILLEGAL. Moreover, the minion of the beast then set about chaining up the very regulators that were left to regulate and let the "free marketers" go hog wild.

    And of course you are right that SOME republicans voted against the various bailouts; why wouldn't they? They understand that the bailout would pass no matter what they did, and the self-centered benefits to opposing the bailout was potentially enormous!

    bush was going to sign both bailouts, bush is gone in another month, and bush is not running for reelection.

    Throw in the fact that the average American understands the workings of the worldwide economy as a monkey, and could be convinced that the republicons were "trying to protect them" and you have the perfect political strategy.

    No, bush did not spend money like a liberal, bush spent money like an assh*le.


    Unemployment at 25 year high wrote on December 20, 2008 12:49 PM: Hey facts of life - your damn right I want my $20 an hour job with insurance - the time off and other bennies I dont need - I just want to be paid for what I am worth and the job that I do - I am so sick and tired of applying for jobs that want all my education and expertise but want to pay me $11 an hour - the bloodsucking businesses out there know how bad the market is so they think they can get away with paying such low wages - hey I want to work and lord knows I need to work but why would I take a job that pays $11 an hour before taxes when I am getting almost $10 an hour on unemployment - these businesses that are hiring $11 an hour employees for accountant/CPA/middle management positions are going to get what they pay for in the long run when their books are in a shambles and their offices and customer service QC is sub-standard. I am not going to put my expertise, education and reputation on the line for $11 an hour. GO look at the RJ employment section, craigslist, careerbuilders and monster you will see what I am talking about - $11 an hour accountant and management/middle management positions or telemarketers and temp agencies that really dont have the jobs - they just want to fill their employee pool.


    Herb wrote on December 20, 2008 11:47 AM: To Patrick and all those who blame the GOP,

    Keep in mind Bush is a neo-Conservative, not a real conservative. When it comes to economics neocons have more in common with liberal Democrats than traditional conservatives, For the most recent example look at the auto bailout. Senate Republicans voted against it, while Bush was on the side of the Democrats and made sure it would happen. Neocons, like liberals, are big believers in defecit spending. Bush was the biggest spender since LBJ, that's one reason the economy is poor. Although keep in mind this is a worldwide financial crisis, the British kicked out their liberals and replaced them with conservatives. Whoever is in power will get the blame, yet this is bigger than politics.

    Getting back to the subject at hand, state unemployment. I look at the bls.gov report each month of all the states. I can tell you without a doubt that there is a correlation between Democrat states and high unemployment. In fact the states with the highest unemployment (Michigan, Rhode island, Nevada, etc) have little in common with each other except for the fact that they are solid blue states (yes Nevada is solid, no longer a battleground state) and believe in fiscal liberalism.

    On the otherhand, all of the states with really low unemployment rates are deep red and do not believe in high taxes or spending. This patter n is so strong that the state with the lowest unemployment rate, Wyoming at 3.2%, also happend to be the most red state in the 2008 election with the highest GOP voting %.


    GOD wrote on December 20, 2008 11:43 AM: Dear Patrick,
    Quit molesting children like the true NAMBLA lib you are... and quit thanking ME during your moronic posts!!!


    Ted Kennedy wrote on December 20, 2008 11:33 AM: Although I only have half a brain left I FEEL MUCH SAFER UNDER BUSH THAN UNDER HUSSEIN!!!

    BTW Patrick, Barney Frank says thank you for the $#*@ job.


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