Keeping in trend with the national economy, many Reno jobs were lost during July.
The Reno-Sparks area had a total non-farm employment of 220,200 in July 2008, a decrease of 1.9 percent from last year, according to the United States Department of Labor Bureau of Labor Statistics. The employment number in July was lower than June’s employment of 221,900 workers. The city’s unemployment rate came in at 6.5 percent, up from 6.4 percent in June.
Reno has lost jobs in five out of the last six months when compared to last year. The city kept constant at 220,700 employees in February, but decreased by .4 percent in March, .4 percent in April, .9 percent in May, 1.5 percent in June and 1.9 percent in July.
The industries in Reno that saw job losses include:
The city’s industries that increased include:
The natural resources and mining industry employed 400 people, the same as last year, while the information industry employed 2,800 workers, also the same as last year.
As of July 2008, Nevada saw a total non-farm employment of 1,281,800, a decrease of .6 percent from last year. The state as a whole had a 6.6 percent unemployment rate.
According to an article by the Nevada Department of Employment, Training and Rehabilitation, the State of Nevada should see 44,000 new jobs through 2011, with the most growth occurring in 2010 and 2011. It is expected employment will decrease 1.1 percent in 2008, increase .3 percent in 2009, increase 1.8 percent in 2010 and increase 2.4 percent in 2011.
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Reno Government Jobs Not Paying Enough?
31|Oct|2008 1[…] To deal with declining revenues and job losses, the council will be asked to consider a list of new cuts. General fund spending, totaling $189 million, is $3 million smaller than last year’s budget. It presumes 120 jobs among the city’s 1,866 authorized positions will remain vacant for the fiscal year that began July 1. […]
Reno Jobs
20|Jan|2009 2[…] As with much of the nation, the faltering economy has not skipped over Reno. The area has seen an increase in job losses and an increase in unemployment. However, this does not mean the area doesn’t have any jobs to offer. […]
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