Nevada’s jobless rate could hit 17 percent

The economy:

Nevada’s jobless rate could hit 17 percent
By Nicole Lucht (contact), In Business reporter

Fri, Sep 25, 2009 (3 a.m.)
One of the state’s leading economists forecast the jobless rate reaching 17 percent before it begins to decline.

The worse-case scenario is the jobless rate reaching 17 percent, said Keith Schwer, director of UNLV’s Business and Economic Research Center, who gave the most pessimistic estimate.

“Every business cycle is different,â€