In The News: Lee Business School
Nearly one-fifth of Nevada’s land area has been burned by wildfire in the past 40 years, landing the state fifth in the nation for land area burned by wildfires, according to a recent study by the Lied Center for Real Estate at the ÐÔÊӽ紫ý.
Tourism in Las Vegas is down since last year — and tip-dependent workers, like bartenders and dealers who rely heavily on tourist traffic, are especially vulnerable, even with Trump’s ‘no tax on tips’ policy. The Wall Street Journal reports that tip incomes in Las Vegas are shrinking across the board.
The number of people arriving at Harry Reid International Airport in Las Vegas from Canada was down 65.6% in June compared to the same period in 2024. 86,698 people arrived during the month across Flair Airlines, Air Canada, and WestJet, down from 132,109 the previous year.
Nevada’s unemployment rate remains among one of the highest in the nation. According to reports its more than a percentage point above the national average. It has been among the top states for more than three years now. New numbers released Thursday show the state’s unemployment rate hovering at 5.4 percent. During July, Las Vegas added 4,200 job but with jobs added, why aren’t locals getting hired? FOX5 is getting answers from a new ÐÔÊӽ紫ý report.
Mortgage defaults are climbing in specific areas of the Las Vegas Valley, continuing a troubling trend. The highest number of troubled mortgages is currently coming from zip codes 89121 on the east side of town and 89108 near the historic west side, according to data analysis.
A report ranked Nevada as having the most foreclosure filings in the country, generating concerns that homeowners are falling behind on their mortgage payments.
A ÐÔÊӽ紫ý survey from the Center of Business and Economic Research is highlighting significant challenges faced by Nevada's long-term unemployed as they attempt to re-enter the workforce in 2024.
A new survey sheds some light on the people behind Nevada’s elevated unemployment rate, which has consistently remained higher than all other states and higher than prepandemic levels. The Center for Business and Economic Research at ÐÔÊӽ紫ý surveyed more than 300 Nevadans who self-identified as unemployed and seeking a job. The results, released this week, suggest there are disconnects between the jobs people desire, the ones they are qualified for, and what’s actually available.
New numbers show Nevada’s unemployment rate is among the highest in the nation. Economists told 8 News Now that it’s not just bad luck, but rather the lingering aftershock of a city built on tourism, which is still adjusting to a changing economy.
A new survey from the ÐÔÊӽ紫ý Center for Business and Economic Research (CBER) highlights significant challenges faced by Nevada's long-term unemployed as they attempt to re-enter the workforce in 2024.
Southern Nevada homeowners are increasingly falling behind on their mortgage, a new report shows. Nearly 1,290 notices of default were filed in Clark County in the first six months of this year, up 28 percent from the same period last year, according to ÐÔÊӽ紫ý’s Lied Center for Real Estate.
Nevada’s legalization of gambling in 1931 set the stage for Las Vegas to become America’s casino heartland. The building of the Hoover Dam in the five years that followed guaranteed the reliable water and hydroelectric power supply that would enable decades of growth and development.