Most quarterly gain in Nevada employers in 7 years


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

RENO, Nev. (AP) — The number of employers in Nevada has grown 4.1 percent over the past three months compared to the same period a year ago and has nearly returned to the peak of more than 60,000 employers in 2008.

It's the state's best quarterly growth since the end of 2007 and continues a three-year trend upward since the recession.

Bill Anderson, chief economist for the Nevada Department of Employment, says it's another indication the state's economy is on the mend. He said the unemployment rate has been cut in half since the recession.

There were 59,900 employers in Nevada at the end of July, up 2,400 from 2013. It's the 12th consecutive quarterly increase compared to the previous year.

The peak of 60,500 in 2008 fell to 56,400 in 2011.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast