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October 18, 2012
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Unemployment insurance initial claims fall

In September, initial claims for unemployment insurance fell to their lowest level in five years, falling under 14,000 in a month for the first time since September 2007.

Initial claims represent the first step in filing for unemployment benefits, and with 13,932 initial claims filed - the lowest since before the 2007 recession began - Nevada continues to show steady progress toward economic recovery. This compares to 16,693 claims filed in September 2011. Since the beginning of the recession initial claims peaked at 36,414 in December 2008, and the previous low point for initial claims was 15,500 in May 2008. …

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The Record Courier Updated Oct 18, 2012 03:11PM Published Oct 18, 2012 03:08PM Copyright 2012 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.