Nevada's Private Sector Jobs Recovering Faster Than Most States

Nevada's private sector employment shrank faster than anywhere else in the U.S. during the recession. But, now it is coming back at one of the quickest paces in the country.
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Nevada's private sector employment shrank faster than anywhere else in the U.S. during the recession. But, now it is coming back at one of the quickest paces in the country. The state reports Nevada's private sector grew 3.7% in the first six months of 2014 compared to the same period last year. That rate is behind only North Dakota, which has a 4.4% growth rate thanks to an oil boom - and Colorado, which is growing at 3.8%. The growth hearkens back to a decade ago, when Nevada had the country's highest growth rate. The state was hit harder than any other during the recession. Its private sector jobs shrank by a little more than 10% in 2009.