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By Sean Whaley | Nevada News Bureau
CARSON CITY — A broader measure of Nevada’s unemployment picture, including those who have given up looking for work, showed slight but continued improvement through the second quarter of 2012, a federal report released Friday shows.
Called the U-6 rate, it declined in Nevada from 22.3 percent in the four quarters through March 31 to 22.1 percent in the 12 months ending June 30, according to the quarterly report from the U.S. Bureau of Labor Statistics.
Nationally, the U-6 unemployment rate is 15.3 percent, down from 15.6 percent through the first quarter of 2012. The only other state above 20 percent is California, with a rate of 20.3 percent. North Dakota has the lowest rate at 6.1 percent.
The U-6 rate is sometimes referred to as the “actual” jobless rate, because it includes discouraged workers and those working part time, who want full-time employment.
Read the complete story at the Nevada News Bureau.
