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Nevada Unemployment

Nevada Unemployment

Information about unemployment in Nevada is compiled by the Bureau of Labor Statistics, a division of the Department of Labor in the federal government of the United States of America. NV unemployment statistics in the state during the period between March 2010 and August 2010 indicates that the level of unemployment in Nevada is rather high. Over this six month period, the level of the Nevada unemployment has steadily increased from 13.4 percent to 14.4 percent. 
This increase in NV employment has continued despite the fact that the Civilian Labor Force has continued to decline throughout most of this period. This indicates that the number of new jobs being created has declined while the number of people who are not meeting the requirements to be considered unemployed, meaning that they have been actively searching for a job during the previous four weeks, has also increased or at least remained level. 
As can be expected from information about unemployment in Nevada, the largest employer in the state is the Leisure and Hospitality industry, as is appropriate given the fact that the largest leisure district in the United States of America, Las Vegas, is in Nevada.
Unemployment statistics, however, indicate that although the leisure and hospitality industry is one of the four industries in the state to have six months of loss of jobs in a year over year comparison, the decline of the leisure and hospitality industry is connected to the steep decline experienced by two of these industries, specifically the Construction industry, which experienced a twenty percent year over year reduction of jobs in a year over year comparison for the whole of this six month period.