Nevada jobless rate rises, boosted by hotel-casino closure
Monday 19 de August 2024 / 12:00
⏱ 2 min read
(Las Vegas).- Nevada’s unemployment rate ticked up slightly in July, with changes largely coming from the hospitality sector, state economists said last Thursday.
The seasonally adjusted unemployment rate in Nevada rose 0.2 percentage points to 5.4 percent, according to a Department of Employment, Training and Rehabilitation report. The state saw a total decrease of 1,500 nonfarm jobs.
The drop could be attributed to changes in leisure and hospitality markets. The accommodation and food services industries lost 4,000 jobs over the month, according to the report. Officials said the drop is most likely attributed to the closure of the Mirage hotel-casino in July.
“Nevada’s labor market softened in July, as unemployment increased again and employment declined slightly over the month,” DETR’s chief economist David Schmidt said in a news release. “This decline was concentrated in the leisure &hospitality sector, which fell by 5,000 jobs from June to July, while most other industries grew, leading to an overall decline of 1,500 jobs over the month. It is possible that this estimate was affected by the closure of the Mirage, which closed on July 17, impacting the casino-hotel, food services, and casino support industries.”
The Las Vegas metropolitan area saw a decrease of about 300 jobs between June and July. Compared with July 2023, the metro area has added about 38,100 jobs to the labor force, or 3.4 percent. Reno and Carson City metros saw similarly small decreases in their total labor force: a loss of 300 or 0.1 percent and 200 or 0.6 percent, respectively.
Nationally, policymakers are watching job growth and unemployment to gauge the country’s economic future. Year-over-year inflation has slowed, along with hiring, suggesting the possibility for a Federal Reserve interest rate cut in September.
By McKenna Ross
Categoría:Casino
Tags: Sin tags
País: United States
Región: North America
Event
SBC Summit Americas 2026
09 de June 2026
Belatra Games Highlights Networking Value at SBC Summit Americas 2026
(Fort Lauderdale, SoloAzar Exclusive).- Lucila M. Barletta, Head of Accounts LatAm at Belatra Games, shared her insights on the company’s participation at SBC Summit Americas. From strengthening partnerships to exploring new opportunities, she emphasized the importance of both large industry events and smaller networking experiences in driving meaningful business growth.
Friday 03 Jul 2026 / 12:00
Zenith Strengthens LATAM Presence at SBC Summit Americas
(Fort Lauderdale, SoloAzar Exclusive).- In conversation with SoloAzar, Eddie Morales, Zenith's Business Development Manager, shared the company’s objectives at SBC Summit Americas, the opportunities generated, and the outlook on the future of the gaming industry in Latin America.
Friday 03 Jul 2026 / 12:00
LSports LATAM Secures Major Partnerships at SBC Summit Americas 2026
(Fort Lauderdale, SoloAzar Exclusive).- In Q&A after SBC Summit Americas 2026, Fernando Martinez, representative of LSports LATAM, talked about the company’s goals, achievements, and future plans in the region. Martinez shares insights on the evolving dynamics of the Latin American market, the importance of strategic partnerships, and how LSports is positioning itself as a leading data and trading services provider.
Wednesday 01 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
