In The News: Lee Business School

A UNLV 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 UNLV 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 UNLV 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 UNLV’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.
Real estate expert Nicholas Irwin breaks down the latest data and trends around default notices in Las Vegas. Find out what rising notices might mean for the local housing market and homeowners.

President Donald Trump’s administration is looking to impose additional costs for international tourists entering the United States, first pushing a “visa integrity fee” and then establishing a visa bond program Tuesday.

After years of booming tourism in Las Vegas, the hot streak looks to be cooling off — and it may be a tell for the broader economy.
Over the past decade or so, various cities throughout the United States have developed legislation or policies geared toward regulating short-term rentals, a market which is dominated by San Francisco-based tech company Airbnb. Recently an appeals court in Dallas, Texas, rejected the city’s 2023 ordinance to ban most short-term rentals located in single family zones. The Dallas Short-Term Rental Alliance argued that—under Texas law—they had a right to lease their properties.

One year after then-presidential candidate Donald Trump pledged at a Las Vegas rally to end taxes on tips, the proposal became reality through the megabill passed by House Republicans, potentially affecting thousands of Nevadans who work in the state’s hospitality industry.

Las Vegas is many things—an icon, adult playground, neon-lit escape hatch. For decades, it has stood as the gleaming epicenter of what happens when fun and pleasure become an economic engine and a profitable business model.