In The News: Department of Economics
![KTNV-TV: ABC 13](/sites/default/files/styles/100_width_25_height/public/news_source/logo/KTNV-TV.png?itok=fuEYrB8V)
The average rent prices are down in our valley, according to a July report, but a new UNLV study reveals the trend may only be happening in certain neighborhoods.
![Las Vegas Review Journal](/sites/default/files/styles/100_width_25_height/public/news_source/logo/las-vegas-review-journal.jpg?itok=IX9YBkgU)
Low-income renters in Las Vegas are feeling the pain due to a rare market phenomenon, according to a new study from UNLV’s Lied Center for Real Estate. Director Shawn McCoy, the author of the study, said one graph tells a compelling story.
![Las Vegas Review Journal](/sites/default/files/styles/100_width_25_height/public/news_source/logo/las-vegas-review-journal.jpg?itok=IX9YBkgU)
Low-income renters in Las Vegas are feeling the pain due to a rare market phenomenon, according to a new study from UNLV’s Lied Center for Real Estate. Director Shawn McCoy, the author of the study, said one graph tells a compelling story.
![Daily Mail](/sites/default/files/styles/100_width_25_height/public/news_source/logo/daily-mail2.png?itok=CiQoiMRh)
This year, nearly 17,000 people have surrendered California driving licenses to the Nevada Department of Motor Vehicles, according to data provided to DailyMail.com by the University of Nevada, Las Vegas.
![Las Vegas Review Journal](/sites/default/files/styles/100_width_25_height/public/news_source/logo/las-vegas-review-journal.jpg?itok=IX9YBkgU)
The headlines are tough to ignore. Office space vacancies in major cities across the U.S. are at record highs. Las Vegas has never been known for its office market — or much less commercial real estate in general, outside of the Strip.
![Voice of America](/sites/default/files/styles/100_width_25_height/public/news_source/logo/logo.png?itok=m0C6zQqR)
According to a recent study, 3 out of 10 companies plan to offer four-day work weeks. Companies associate increased productivity with more flexible working hours.
Why are the A’s so eager to ditch Oakland for Las Vegas, a much smaller media market that increasingly is becoming crowded with other professional sports teams?
![KSNV-TV: News 3](/sites/default/files/styles/100_width_25_height/public/news_source/logo/ksnv-tv.png?itok=gEq9JPhc)
Nevada’s minimum wage will be increasing another dollar beginning July 1. But this year, for differing reasons, employers and workers don’t expect the higher wages to have much of an impact.
![KSNV-TV: News 3](/sites/default/files/styles/100_width_25_height/public/news_source/logo/ksnv-tv.png?itok=gEq9JPhc)
Nevada’s minimum wage will be increasing another dollar beginning July 1. But this year, for differing reasons, employers and workers don’t expect the higher wages to have much of an impact.
![Las Vegas Review Journal](/sites/default/files/styles/100_width_25_height/public/news_source/logo/las-vegas-review-journal.jpg?itok=IX9YBkgU)
When Maggie moved to Las Vegas from Michigan with her family and bought a house in December of 2020, interest rates were incredibly low.
![Las Vegas Review Journal](/sites/default/files/styles/100_width_25_height/public/news_source/logo/las-vegas-review-journal.jpg?itok=IX9YBkgU)
Nevada and Clark County both reported an increase in taxable sales in March, although the majority of the state’s counties experienced a decrease.
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Formula 1, Super Bowl LVIII, and a host of conventions: as the over 150,000 Las Vegas hotel rooms are anticipated to book out for multiple large-scale events in the coming months, data shows over 1,800 hotel jobs remain vacant in the valley.