- Associated Press - Tuesday, October 24, 2017

LAS VEGAS (AP) - The Nevada Department of Employment, Training and Rehabilitation says initial claims for unemployment insurance benefits totaled 9,068 in September in the state.

That figure, which was released Monday, is down 15 percent from last August. It is the lowest of any month since August 1998.

Initial claims are down 3 percent from September 2016, when they were 9,358. September marks the seasonal low point of the year. The overall trend, best represented by the 12-month average, is at a post-recession low of 11,083 claims per month.

An initial claim represents the first stage of filing for unemployment benefits and is therefore most closely related to the number of people who have recently lost their jobs, not the overall level of unemployment.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide