Economic Downturn Has Been Stimulated Yet
By: Doug Busselman, Executive Vice President
As the folks who represent us in Washington, D.C. continue to contemplate even bigger government burdens for our economy to carry, the numbers of how well the direction that we’re headed continue to yield the results that one would expect. Following the news that promotes the idea that now the federal stimulus program was really a two-year effort and that there’s no reason to believe it hasn’t been working (changing the measurement approach to a less accountable metric of “how many jobs have been saved”) – you have to shake your head and wonder if those spouting the line actually believe the bunk that they’re trying to convince us to accept.
The 12 percent unemployment rate for Nevada is the highest ever recorded for the Silver State, according to the news release from the Nevada Department of Employment, Training and Rehabilitation (DETR). Nevada’s unemployment rate is 2.5 percent points higher than that nation’s 9.5 percent level. The state’s rate for the first six months of 2009 is averaging 10.6 percent – compared to 5.7 percent through the same timeframe for last year.
Some Key June 2009 Unemployment Rate Stats:
As the folks who represent us in Washington, D.C. continue to contemplate even bigger government burdens for our economy to carry, the numbers of how well the direction that we’re headed continue to yield the results that one would expect. Following the news that promotes the idea that now the federal stimulus program was really a two-year effort and that there’s no reason to believe it hasn’t been working (changing the measurement approach to a less accountable metric of “how many jobs have been saved”) – you have to shake your head and wonder if those spouting the line actually believe the bunk that they’re trying to convince us to accept.
The 12 percent unemployment rate for Nevada is the highest ever recorded for the Silver State, according to the news release from the Nevada Department of Employment, Training and Rehabilitation (DETR). Nevada’s unemployment rate is 2.5 percent points higher than that nation’s 9.5 percent level. The state’s rate for the first six months of 2009 is averaging 10.6 percent – compared to 5.7 percent through the same timeframe for last year.
Some Key June 2009 Unemployment Rate Stats:
- 15.2% Lyon County
- 14.7% Nye County
- 12.1% Nevada-Statewide
- 12.3% Las Vegas
- 11.8% Reno-Sparks
- 11.5% Carson City
- 6.6 % Elko
- 9.5 % United States
- 11.5% California
Posted by Doug Busselman at 7/17/2009 8:18 AM 
Categories: Economy
Tags: Unemployment Nevada Federal Stimulus
Categories: Economy
Tags: Unemployment Nevada Federal Stimulus
Comments