Monthly Archives: March 2020

Nevada Employment Growth Softened Prior to COVID-19

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According to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) February 2020 economic report, employment in Nevada is down 1,000 jobs over the month but up 18,300 over the year, a growth rate of 1.3 percent. This marks the first time since July 2012 that Nevada employment grew at a slower rate than the national… Read more »

Las Vegas Home Prices Reach New Heights in February

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Existing local home prices finally broke their all-time record, according to a report released Friday by Las Vegas REALTORS®. LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during February 2020 was $316,000. That was up 3.6% from January and up 6.7% from February… Read more »

Nevada Unemployment Hits All-Time Low

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According to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) January 2020 economic report, employment in Nevada is up 3,900 jobs over the month and up 22,800 over the year, a growth rate of 1.6 percent. DETR notes that is at the low end of the range seen over the last year (1.5% –… Read more »