An estimated 9.9 percent of the valley’s workforce was unemployed in January. Only one other metro area with a population of at least 1 million has a higher unemployment rate.
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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.
Apollo Global Management is making a multibillion-dollar wager on America’s casino capital and hoping it’s rolling the dice on the way out of a national crisis, not on the way in.
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