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Nevada’s unemployment rate to reach No. 1 in U.S.

My News 4 [1]
Friday, June 18th, 2010

Nevada now has the highest unemployment rate in the nation. The official numbers come out tomorrow, but News 4 has learned that the statewide jobless rate will reach 14 percent for May.

That surpasses Michigan, which had held the number one spot until this week, when its unemployment rate dipped to around 13.5 percent.

With most of the Silver State’s population living in Clark County, it is likely that southern Nevada’s unemployment rate will also set another record when the official numbers are released Friday from the Department of Employment, Training and Rehabilitation.

Full article and video here [1]