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Nevada jobless rate rises, boosted by hotel-casino closure

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Regulation

2024-08-16

Nevada jobless rate rises, boosted by hotel-casino closure

Nevada’s unemployment rate ticked up slightly in July, with changes largely coming from the hospitality sector, state economists said Thursday.

The seasonally adjusted unemployment rate in Nevada rose 0.2 percentage points to 5.4 percent, according to a Department of Employment, Training and Rehabilitation report. The state saw a total decrease of 1,500 nonfarm jobs.

The drop could be attributed to changes in leisure and hospitality markets. The accommodation and food services industries lost 4,000 jobs over the month, according to the report. Officials said the drop is most likely attributed to the closure of the Mirage hotel-casino in July.

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