Nevada Unemployment Hits Nine Year Low

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Nevada’s unemployment rate has fallen to a nine-year low. The state Department of Employment and Training says Nevada’s jobless rate was 5.2 percent in November. That’s down three-tenths of a point from October, and is the lowest unemployment rate Nevada has seen since December 2007. Unemployment rates have dropped year-over-year for 69 straight months. State economist Bill Anderson described the state’s recovery pace as moderate but sustainable. The jobless rate topped out at nearly 14 percent in 2010.