Despite a slow year overall, the employment rate in the Silver State picked up speed in September, amid surging consumer spending
Las Vegas may be amid a tourism downturn, but consumer spending and job rates are both inching up in September, with the Department of Employment, Training, and Rehabilitation reporting a 0.4% gain in employment.
Overall, 4,400 jobs were added during the month, tentatively suggesting that the worst of the worst may be behind Sin City. The hospitality sector increased employment by 5,100 jobs in Nevada as a whole, with the hopes that this upswing will continue over the coming months.
However, there have been reasons to worry as well, with the UNLV’s Center for Business and Economic Research citing low confidence in Southern Nevada, the lowest on record since the Great Recession, as a matter of fact…