Las Vegas’ jobless rate has fallen below double digits for the first time since the pandemic shut off much of the economy a year ago.
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The COVID-19 pandemic marks the second time in a decade that Southern Nevada was among the hardest hit by a global economic crisis, though its recovery could be shorter this time.
Who is buying homes amid the turmoil? People who still have jobs, as well as savings that let them qualify for a mortgage or buy with cash.
Developers have broken ground on a $400 million mixed-use project in southwest Las Vegas.
Target is launching same-day grocery pickup in Southern Nevada and other areas of the country amid mounting coronavirus infections.
Las Vegas mortgage delinquencies rose sharply after the coronavirus pandemic devastated the economy, a new report shows.
The possible cutoff of $600 per week could wipe out the vast majority of income for unemployed Nevadans, raising fears that Las Vegas’ badly battered economy could be dealt another blow at a vulnerable time.
Three months after coronavirus turmoil shut off construction of the Drew Las Vegas, contractors have levied claims for more than $36 million in unpaid bills.
Visitors were happy to be back, but overall, Las Vegas’ casino reopening wasn’t met with stampedes of incomers.
The market hasn’t collapsed after the coronavirus outbreak shut down much of Southern Nevada’s economy virtually overnight, but tenants have sought rent relief and struggled to pay on time.