Las Vegas’ jobless rate has shrunk dramatically since the early chaos of the pandemic but remains among the highest in the nation, even as tourism bounces back.

The opening of the $4.3 billion, 3,500-key Resorts World Las Vegas on June 24, the culmination of more than a decade of work, brings new attention to the long-troubled north part of the Strip.

Resorts World is now open for business! So, the big question is: how much of an economic impact will it have?

As Resorts World Las Vegas opens its doors Thursday night, Wall Street analysts and a UNLV economics professor predict that the Strip and locals casinos are positioned for a strong second half of 2021 and an even stronger 2022, with the potential for more mergers and acquisitions.

Las Vegas’ tourism industry is expected to surge back this year from its steep plunge in 2020, but the valley’s economic recovery could stall if it suffers another wave of coronavirus infections, a new report says.

As Las Vegas prepares for the Thursday grand opening of Resorts World, economic experts said they are seeing signs of a real economic recovery across the valley.

Nevada added more than 10 thousand jobs last month as coronavirus restrictions eased and tourism regained its position in Las Vegas. However, unemployment remains high, as the valley (which is home to most of the state's population) continues to recover from the severe economic consequences of the pandemic.

Nevada added more than 10,000 jobs last month as coronavirus restrictions were relaxed and tourism regained its position in Las Vegas. However, unemployment remains high as the valley (which is home to most of the state's population) continues to rebound from the severe economic consequences of the pandemic.