Working + The Economy

make the road cancela diaz

Forum highlights need for paid sick leave, higher minimum wage

BY: - September 28, 2018

As an English Language Learner teacher at Hyde Park Middle School, Mario Wolthers knows sending a sick student home isn’t easy. “Just today I had a kid, and you can tell visually he just wasn’t feeling well,” he says. “I asked him, ‘If you’re not feeling well, why didn’t you stay home?’ He told me […]

august 18 employment

Nevada’s unemployment rate still high nationally

BY: - September 25, 2018

For all — which is to say oodles — of the talk about Nevada’s rebounding economy and strong employment growth, at 4.5 percent, Nevada’s unemployment rate is higher than that of 42 other states. Of the state’s metro areas, Las Vegas had the highest unemployment rate at 4.9 percent. The rate in the Reno-Sparks area […]

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After leaving Las Vegas, national developer returns for next boom

BY: - September 25, 2018

A national development company that swooped into Las Vegas at the height of the building boom more than a decade ago is back and promising to invest “upwards of $300 million” in luxury apartment complexes. Related Companies’ affiliate The Related Group developed the World Market Center in downtown Las Vegas. The firm had been in […]

Hospitality compensation is less than half the private sector average

BY: - September 24, 2018

Counting wages and benefits, U.S. employees cost private sector employees an average of $34.19 per hour in June 2018, the Bureau of Labor Statistics announced Monday. But in the leisure & hospitality sector — the largest employment sector in Nevada — the average employer costs were less than half the national average: $14.77 per hour, […]

history's greatest monster

Ex-Trump official blames Las Vegas waitress for ’08 economic crash

BY: - September 20, 2018

  In an interview with Reuters earlier this week, Gary Cohn, former chief economic adviser in the Trump administration, defended the role of the financial services industry in the collapse of the global economy ten years ago, and pinned the blame elsewhere. “Who broke the law? I just want to know who you think broke […]

COMMENTARY
kick em out

Nevada can, and should, outlaw this industry

BY: - September 20, 2018

South Dakota is the most recent state to run off its payday loan industry. In 2016, 75 percent of South Dakota voters overwhelmingly approved a ballot initiative that capped total interest, fees and charges on loans at an annualized percentage rate (APR) of 36 percent. Evidently a 36 percent APR just doesn’t pencil out for […]

Fewer Nevadans file for unemployment in August

BY: - September 18, 2018

Nearly 9,600 initial unemployment claims were filed in Nevada in August, a 10.7 percent drop from August of last year, the Department of Employment, Training and Rehabilitation reported Tuesday. The number of initial claims was also nearly 10 percent lower in August than in July. The average length of unemployment dipped slightly to 13.3 weeks […]

laxalt and duncan

Report: Laxalt, Duncan cost Nevadans $8 million in overtime

BY: - September 14, 2018

Nevada workers who earn between roughly $24,000 and $48,000 annually are losing out on $8 million a year in overtime wages, according to a new report. The report from the National Employment Law Project Action Fund blames gubernatorial candidate Attorney General Adam Laxalt and Laxalt’s former deputy, Wes Duncan, who hopes to replace him, for leading […]

house prices up

LV’s real estate reputation won’t die

BY: - September 13, 2018

Las Vegas is having a tough time living down its sordid past.  Not that sordid past. It’s our reputation as Ground Zero in the foreclosure crisis a decade ago that has Southern Nevada in the news now. The headline in the New York Times reads: The Epicenter of the Housing Bust is Booming Again. (That’s […]

The Ball of Foot

Raiders call end run against NV Energy

BY: - September 12, 2018

The Raiders, who are not yet a customer of NV Energy, don’t want to be. According to a filing with the Public Utilities Commission of Nevada last Friday,  LV Stadium Events Company, LLC — parenthetically referred to as “the ‘Raiders'” in the filing — has applied to purchase energy outside of NV Energy, under a […]

holy cow

Trump tariffs strengthen “perfect storm” slamming Nevada farms

BY: - September 11, 2018

A wall of surplus beef, Donald Trump’s trade wars, and a drop in demand for milk and cheese threaten profits for Nevada’s $1 billion farming and ranching industries. “Hogs were hit very hard. Pork exports to China got hit the hardest. There’s a hog farm in Las Vegas that’s hurting because they can’t sell their […]

education protest flag in front of Arizona capitol

A look at low teacher pay (and new strategy for raising it)

BY: - September 10, 2018

Over the past year teacher salaries have become a topic of conversation across the country, and unrest among educators led to protests and strikes in West Virginia, Arizona and Oklahoma. So how do teacher salaries in Nevada compare? Not so great, according to one new report. The report, released last week by the Economic Policy […]