Nevada’s employment office reported Tuesday that the unemployment rate was 5 percent, unchanged from March but lower compared with April 2021.
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Nine firms, including six in Southern Nevada, were awarded $12 million in state tax incentives to create 469 jobs in two years — a figure that could grow to 735 jobs in five years.
Gov. Steve Sisolak announced businesses will not face an unemployment insurance tax hike next year, following concerns from employers over a proposed tax increase.
Nevada business leaders spoke out against a proposed increase in the state’s unemployment insurance tax during a virtual meeting Friday morning hosted by two state agencies.
Eric Riccardi has survived a year without receiving his unemployment benefits, but it cost him his savings and the recent sale of his rental property, which was to be his retirement income.
The Supreme Court decision to overturn the federal eviction moratorium Thursday is not expected to have much impact on Nevada because the state already has protections in place for renters.
Nevada is experiencing another surge of COVID-19 cases that could thwart the state’s economic recovery at a time when the safety net of unemployment benefits is due to end Sept. 4.
Nevada public officials have not yet confirmed whether the new federal eviction moratorium applies to renters living in counties eligible for the new protection, leaving some renters with a cloudy future.
Experts have warned of a pending eviction crisis in states across the country, and data indicates Clark County will be faced with one as well.
Financial assistance is available for Nevadans at risk of being evicted for nonpayment of rent and more money is likely on the way, officials said during a Wednesday public forum.