More people were able to find jobs in Reno, Nevada in February than in the previous month. The area unemployment rate dropped from 6.6 percent to 6.3 percent. Approximately 217,800 people has Reno jobs while about 14,600 were out of work.
Reno jobs in retail decreased, as did those in financial activities in February. Employment in education-health services, professional business services, and manufacturing was up. There was also an increase in those who held government jobs in the area, but this may not last long.
It was recently announced that by mid-2009 analysts estimate that there will be a Nevada revenue deficit of almost $800 million if things continue as there are. Governor Jim Gibbons' press secretary, Ben Kieckhefer, says that "he will have to find ways to tighten the state's belt."
In order to soften this blow, Gibbons is expected to soon review budget cut plans that go beyond the 4.5 percent cuts he imposed in January. Although doing away with government jobs in Reno and elsewhere statewide has been avoided at this point, it is still consider an option to decrease the deficit.
If it is decided that doing away with jobs is the best way to decrease the budget then a good number of individuals could soon be without work, although Reno's portion of the potential cuts is still unknown. In this case, those who stand to lose their state government job would be wise to look for the comparable federal positions, since the benefits are often similar.
Labels: Reno Jobs
