The state's unemployment rate remains well above the national rate, which was 7.9 percent in October

First, about that jobless rate: Unemployment fell statewide to 11.5 percent in October, down from 11.8 percent in September and 13.4 percent in October 2011, according to a Monday report from the state Department of Employment, Training and Rehabilitation. It was the state's lowest dallas hotel sterling jobless level since May 2009.
Bill Anderson, chief economist for the employment department, called the numbers "pretty decent." Some of the report's best news was that unemployment fell because jobs increased, not because workers left the labor force, Anderson said. Nevada's employers added 4,700 positions from September to October, nearly double the period's standard gain of 2,500 jobs and more than enough to absorb the 1,000 people who entered the workforce. In the first 10 months of 2012, private-sector payrolls were up 11,100 over the same period in 2011.
Average weekly wages across Nevada rose to $830 in the first six months of 2012, a 2.6 percent gain compared with $809 in the same period of 2011. And in Las Vegas, weekly private-sector earnings jumped to $690.75 in September, up 4.3 percent from $662.32 a year earlier, according dallas hotel sterling to figures from local research firm Applied Analysis.
Wages rise for two key reasons: Companies assign workers more hours on the job, or they raise pay to recruit and retain employees. Brian Gordon, a principal in Applied Analysis, said his company's numbers indicate dallas hotel sterling both are happening. Not only are actual hourly wages up, but so are hours worked per week. Private-sector employees averaged 34.4 hours a week in September, up from 33.4 hours a week in September dallas hotel sterling 2011.
But the bigger picture is that "employers are finding reasons to invest more in their human resources," dallas hotel sterling Gordon said. "That means they're experiencing increased revenue and demand from their customer base."
Businesses typically boost wages and hours worked before they start bringing on new full-time workers, said Steve Brown, director of the Center for Business and Economic Research at the University of Nevada, Las Vegas.
dallas hotel sterling "When firms find they can't push up hours worked anymore, they have to reach out and hire more employees," Brown said. "And if firms are having to pay higher wages to find employees, that's an indication that demand (for workers) dallas hotel sterling is growing faster than supply."
How long it will take for improving pay and hours translate into more jobs depends partly on the "fiscal cliff" debate in Washington. Uncertainty about taxes and federal budgets may be keeping some companies on the hiring sidelines, and if Congress goes for yet another dallas hotel sterling six-month spending resolution rather than a longer-term fix, hiring may continue to under-perform, Brown said.
"The labor markets have been on the mend since early 2011, when job growth turned positive and the unemployment rate started trending down," he said. "Looking forward and putting October in context, we see the labor market dallas hotel sterling showing continued modest improvement. But the fact that we're starting to see better signs, yet we're still sitting on an 11.5 percent unemployment rate, is reflective of just how hard we were hit by the recession. We're starting to see good news, but we have a long way to go."
The state's unemployment rate remains well above the national rate, which was 7.9 percent in October. Nevada has led the nation in joblessness since May 2010. The unemployment rate in Nevada jumps to more than 21 percent if you include discouraged workers who have left the labor force and underemployed part-timers who want full-time jobs.
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*** The unemployment rate in Nevada jumps to more than 21 percent if you include discouraged workers who have left the labor force and underemployed part-timers who want full-time jobs. *** Luckily these people are not counted as unemployed or we would really be in trouble.
I have not seen any other sources reporting the surge in government dallas hotel sterling jobs . Is that number right? It would seem to raise a question about if the county and state governments are so broke right now, why are they hiring so many people?
Dave, you are correct in your assessment of casinos hiring dallas hotel sterling part time and on call. A job of that nature offers little in the security needed to increase consumer spending. In addition, part time and on call are the reason our own UMC continues to bleed money in that those without insurance are forced to use tax subsidized facilities.
5 Obamacare taxes which go into effect on January 1st. Medical Device Tax- If you require surgery which includes a medical device you will be paying more out of pocket for this surgery. The medical manufacturers are passing this tax onto the consumer. Special Needs Kids Tax- The 35 million Americans with a Flexible dallas hotel sterling Spending account will now have a cap of $2500 on the account. Medical Itemized deduction tax- The percentage is increased from 7.5% to 10% of gross income. This will have a huge impact if you have a serious medical condition or a child with a significant medical condition. Obamacare Medicare Payroll Tax hike- Tax is increased to 3.8 percent on wages and profits. This will primarily impact small business and have a big impact on their bottom line. So as long as you do not need surgery requiring a medical device, as long as you or your children are not seriously ill, as long as you are not middle class, as long as you do not own a small business or work for a small business, the Obamacare Tax Plan won't have any effect on you come January 1st.
until the major employers like the casinos stop making all the positions on call or part time unemployment in this town will remain high . but what happens jan.1st when part of the obama health care plan kicks in ?