Monthly Archives: January 2015

Lower Labor Force Participation Rate Drives Jobless Rate Decline

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The U.S. is seeing continued momentum for the labor market, according to the Department of Labor’s December Unemployment Situation Report. Unfortunately, a lower labor force participation rate is one reason for the improvement in the numbers. The unemployment rate declined to 5.6% against a consensus estimate of 5.7%, and the number of unemployed persons declined… Read more »

Valley commercial real estate outlook is good

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By John Restrepo Special to Las Vegas Business Press In commercial real estate, as in life, one important indicator of future events is past performance. In that vein, three things from 2014 stand out: ▶ First, office-using jobs, industrial-related jobs, and retail-sector jobs were up over the prior year. In particular, Southern Nevada’s industrial jobs… Read more »

Clark County Residential Real Estate Listings Show Expected Dip

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Via Frank Nason of ResidentialResources.com, following is weekly residential real estate data and analysis for Clark County with helpful commentary under each chart. Feel free to forward or share a link to this post with your colleagues, and visit Nevada by the Numbers each week for updates. Click on the chart to enlarge. The turquoise line represents… Read more »