Nevada Unemployment Rate Holds Steady at 3.9% in February

More good news for the Las Vegas real estate market. Nevada’s employers added 9,600 jobs to the work force in February, keeping the statewide unemployment rate low and steady at 3.9 percent, the state Department of Employment, Training and Rehabilitation reported Monday. The 3.9 percent seasonally adjusted rate was unchanged from January, and was eight-tenths of a percentage point lower than February 2004, the agency reported. Nevada’s job growth-rate is more than three times the national average of 1.8 percent according to Nevada Gov. Kenny Guinn. Las Vegas real estate market conditions continue to reflect the status of the Southern Nevada economy…..strong and steady.

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