New York (CNNMoney.com) - Nevada's jobless rate hit a record high last month and and is now the highest in the nation, the first time in four years that Michigan doesn't hold that distinction, according to a government report released Friday.
The Silver State's unemployment rate climbed to 14% in May, the highest in the state since 1976 when the Labor Department began collecting the data. It was up from 13.7% in April.
Meanwhile, joblessness slipped to 13.6% from 14% the previous month in Michigan, which has been ravaged by the struggles of the auto industry. The state has been the leader in unemployment rate since April 2006. During the last year, Nevada has lost a net total of more than 29,000 jobs, and posts the highest percentage increase in unemployment at 2.5%.
Heck of a job reid
See ya, Harry!
TOO BAD it is not Arizona instead of Nevada.
Where's their governor? How about the local mayors? They're the ones ultimately responsible for business development and job creation. Sounds like they've failed.
Remember this and vote for Harry Reid.
Thanks Harry, the stimulus has worked wonders for your constituency!!
Thank Harry Reid for the wonderful recovery in Nevada!!! Isn't he the Senate majority leader? A lot of good that's done for Nevada!!!