Working + The Economy

U3 U6 wtf

Nevada’s precarious labor rate among nation’s highest

BY: - November 27, 2018

Earlier this month the state reported that unemployment in Nevada, though still above the national rate of 3.7 percent, had dipped a tenth of a point to 4.4 percent in October. But that’s the headline “U3” rate. The “U6” rate — defined as “total unemployed, plus all marginally attached workers, plus total employed part time […]

COMMENTARY
those four guys built everything so far

Nevada income growth is miserable and a stadium won’t fix that

BY: - November 27, 2018

Nevada’s median household income rose from $25,776 in 1984 to $56,550 in 2017, a 119 percent increase. That’s the smallest increase of any state in the nation, according to historical Census Bureau tables. Nationally, median household income (not adjusted for inflation) between 1984 and 2017 rose 174 percent, from $22,415 to $61,372. When adjusted for […]

Working at Opportunity Village

36 cents an hour? The debate on subminimum wage is here

BY: - November 26, 2018

In front of the woman sits a piece of cardboard with a dozen individual rectangles drawn on in permanent marker. Working slowly but steadily, the woman places a small packet onto each rectangle. When each rectangle is filled, she gathers the dozen individual packets into one larger box that will be sold by a retail […]

culinary

#MeToo on ice in Nevada casinos

BY: - November 20, 2018

UPDATED with comment from Governor Brian Sandoval It’s not often a gaming executive takes on industry regulators, but Caesars Entertainment executive Jan Jones Blackhurst, who is chairwoman of the Nevada Resort Association, isn’t mincing words about the failure of the Nevada Gaming Commission to address sexual harassment in the state’s hotels and casinos.   “I’m truly […]

COMMENTARY
nevada economic policy

State gives tax breaks to Google, all stimulus-response like

BY: - November 15, 2018

If Google hires 50 people in Henderson by the end of 2023, great. If Google spends $600 million on its Henderson server farm or warehouse silo or whatever it is over the next 10 years, fine. And if Google’s foray into Henderson generates nearly $94 million in tax revenue over 20 years, peachy. Those are […]

those four guys built everything so far

Supply of iron workers weak link in stadium construction?

BY: - November 14, 2018

July 31, 2020. That’s the projected completion date of the $1.84 billion Las Vegas Stadium — and not a moment to spare before the kick-off of pre-season football in early August. With no wiggle room in the construction calendar, imagine the distress a delay would cause for the soon-to-be Las Vegas Raiders, who already may […]

I liked the old state flag

Amazon sweepstakes prompts references to, well, you know

BY: - November 13, 2018

Amazon’s official announcement this week that it would build so-called HQ2’s in the New York City and Washington, D.C. metropolitan areas sparked renewed debate over government giveaways to attract companies. Not surprisingly, Nevada came up. One of the more gushing pieces came from CNN, which ran a story claiming that even cities that were named […]

COMMENTARY
could be worse should be better

Brookings Mountain West launches “Las Vegas and the Middle Class” project

BY: - November 13, 2018

There’s one thing that rich and poor have in common in the U.S. — they both tend to describe themselves as “middle class.” That might reflect the nation’s historical egalitarian ethos – “all men are created equal,” the 19th century rise of democracy, the faith, however misplaced and vexed, that in the U.S., while everyone […]

mccarran

Air traffic controllers will still be alone at McCarran

BY: - November 12, 2018

Despite an incident that left airline pilots, those in the air and on the ground, in the dark last week at the nation’s eighth busiest airport, the Federal Aviation Administration will not augment staffing at McCarran International Airport’s air traffic tower. A source says the air traffic controller who became incapacitated for 40 minutes while […]

from the north for a change

Trump’s trade war and the Strip: “You guys are going to feel it”

BY: - November 9, 2018

Over the past month several media sources have sounded the alarm that fewer Chinese business groups, tourists and students are visiting the United States, a possible sign that the tensions between the current administration and the People’s Republic has spread beyond the trade war. The White House levied tariffs of 10 percent on $200 billion […]

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City to county: Vacation rentals are your problem, too

BY: - November 8, 2018

A City of Las Vegas hotline set up to handle complaints about short-term rentals in city neighborhoods has received about 100 calls a month in its three-month existence. The problem – close to 80 percent of the calls reference properties in Clark County, where vacations rentals are banned, not Las Vegas. Southern Nevada is home […]

COMMENTARY
guv

So now what?

BY: - November 7, 2018

Things might be more cut and dried if Sheldon Adelson and Adam Laxalt had won. Democrats, with hefty majorities in the state Legislature, would have been able to thwart all the truly egregious Adelson/Laxalt policy proposals. Next year’s legislative session would have been full of sound and fury, likely signifying, in the end, nothing much […]