The central bank’s decision follows a jump in inflation to 9.1 percent, the fastest annual rate in 41 years.
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Even the state’s record job numbers reached a record mark, but there’s more work to be done, Gov. Steve Sisolak stressed during a Monday tour of a Las Vegas career center.
Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June.
States can now apply for a grant to help with job creation and employment training for unemployed and underemployed workers.
Following President Joe Biden urging states to consider a gas tax holiday as retail prices for fuel continue to near record highs, motorists in Nevada shouldn’t hold their breath.