In The News: Center for Business and Economic Research

National Post

Flight data from Harry Reid International Airport in Las Vegas shows a significant decline in Canadian tourism.

Las Vegas Review Journal

Las Vegas’ tourism-dependent economy is hitting the brakes. Visitor volume and consumer spending are tumbling in America’s casino capital, and the local unemployment rate is hovering among the highest in the country for big metro areas.

Moneywise

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.

KVVU-TV: Fox 5

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 UNLV report.

KSNV-TV: News 3

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.

Nevada Current

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.

KLAS-TV: 8 News Now

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.

KSNV-TV: News 3

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.

The Daily Upside

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.

Las Vegas Sun

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.

NPR

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.

KLAS-TV: 8 News Now

The price tag for the A’s baseball stadium on the Las Vegas Strip just went up again, now “up in the $2 billion range,” according to team owner John Fisher.