The pause comes at a volatile and uncertain time for Southern Nevada, its workforce and its rental market.
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An estimated 13.8 percent of the Las Vegas area’s workforce was unemployed in October
The nearly 44-acre site is just west of Interstate 15 at state Route 161, on the way to California.
Atlanta-based homebuilder Beazer Homes bought a tract of land during the bubble days in Indian Springs, a quiet, pint-sized community, and filed plans to build a subdivision.
Nevada’s jobless rate ticked lower last month but remains elevated.
A nearly 230-year-old U.S. cent piece is scheduled to be auctioned Aug. 6 at Bellagio, auction house Stack’s Bowers Galleries recently announced.
Moonwater Capital founder Ofir Hagay bought the power company’s Las Vegas headquarters at 6226 W. Sahara Ave., near Jones Boulevard, for $33.35 million.
Nevada’s unemployment rate dropped sharply last month as casinos reopened from a lengthy lockdown, but plenty of people remain out of work.
The state’s unemployment rate was 25.3 percent in May, down from 30.1 percent in April, according to figures released Wednesday by the Nevada Department of Employment, Training and Rehabilitation.
Homebuilding activity dropped sharply in Las Vegas last month amid the pandemic-sparked economic shutdown. But the worst may be over for the local housing market, a new report says.
Nevadans filed another massive amount of unemployment claims last week amid the coronavirus pandemic, but the tally was the smallest since the start of the crisis.
Oxford Economics last week ranked Nevada the second-most economically vulnerable state behind Maine, saying the Silver State’s tourism sector, as measured by its share of financial output, is more than four times larger than the country’s.
As the pandemic wreaks havoc on the economy with sweeping business closures and record job losses, delinquencies are expected to rise nationwide, a new report indicates.
The group will monitor safety protocols at job sites, collect data on workforce and safety personnel, and assemble teams that could be dispersed to build field hospitals and convert hotels or housing into hospital overflow units, according to a news release.
The month’s 3.6 unemployment rate is the lowest rate on record in state history.