In The News: Center for Business and Economic Research

The Regulatory Review

Nevada carries a reputation as a one-horse state, relying mainly on the leisure and hospitality sector. For example, in 2019, accommodation and food services made up 26 percent of Nevada’s workforce. For many years, policymakers and analysts have argued that Nevada needed to diversify its economy like its neighbors Arizona and Utah. This notion has proven salient multiple times, such as during the 2008 Great Recession and the COVID-19 pandemic, when Nevada, and especially the Las Vegas metro area, became ground zero for a national economic slump.

The Regulatory Review

Nevada carries a reputation as a one-horse state, relying mainly on the leisure and hospitality sector. For example, in 2019, accommodation and food services made up 26 percent of Nevada’s workforce. For many years, policymakers and analysts have argued that Nevada needed to diversify its economy like its neighbors Arizona and Utah. This notion has proven salient multiple times, such as during the 2008 Great Recession and the COVID-19 pandemic, when Nevada, and especially the Las Vegas metro area, became ground zero for a national economic slump.

KSNV-TV: News 3

A new forecast from UNLV’s Center for Business and Economic Research (CBER)shows substantial growth in Clark County’s population through 2060.

KLAS-TV: 8 News Now

According to Nevada’s June job numbers, our state now has more than 1.4 million jobs, which is 3,000 higher than our previous peak in 2020.

Las Vegas Review Journal

Nevada’s lowest-paid workers will receive a raise Friday, as the state’s minimum wage reaches about $10.50 an hour and comes against a backdrop of thousands of job openings offering much more to entice workers.

Las Vegas Review Journal

Nevada’s lowest-paid workers will receive a raise Friday, as the state’s minimum wage reaches about $10.50 an hour and comes against a backdrop of thousands of job openings offering much more to entice workers.

KSNV-TV: News 3

On July 1st, Nevada minimum wage workers will see a slight pay raise in their paychecks.

Casino.org

A prominent economist says that record-setting gasoline prices could impact travel to Las Vegas, especially those who drive from Southern California. But other factors, such as a rebound in conventions and increased numbers of foreign travelers, may help offset potential drops in visitor volume.

New York Times

No state was walloped harder by the economic impact of the pandemic, and voters may take out their anger on Democrats.

PBS

Prices for almost everything has skyrocketed over the past year. We examine what the high cost of groceries, gas and more means for families and what the future of the Southern Nevada economy looks like.

TMCNet

Few cities were hit as hard by the pandemic as Las Vegas. The region’s economy - almost entirely dependent on tourism - ground to a halt during the peak of COVID-19. But as more and more people make their way back to Sin City, experts warn of a permanent dip in visitor volume compared to pre-pandemic levels.

Casino.org

Close to 100 Washington State motorists took advantage of this holiday weekend’s free gasoline giveaway at Snoqualmie Casino. The limited promotion took place as gasoline prices are setting record highs.