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The good news is the unemployment rate for the Las Vegas metro area went down for March compared to February.  The bad news is that it’s still really high and only dropped to 13.8%.  Check out the chart below. 

Rate Dips A Whopping .1%

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The February preliminary unemployment rate was published yesterday for the Las Vegas metro area at www.nevadaworkforce.com.  13.9% unemployment for February 2010 surpasses the 13.8% number from January 2010, the highest rate recorded during this recession.  A real housing recovery hinges primarily on this unemployment rate retreating towards normal levels.  See the chart below for the trends over the past 2 years.

February unemployment rate up again

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Solera Home Expo

March 23, 2010

Stop by our table at the Solera Home Expo

This weekend I’ll be at the Solera Home Expo.  Solera at Stallion Mountain is a 55 and over adult community by Del Webb.  This community is located between Desert Inn Road and Flamingo Road, approximately .5 miles to the east of Nellis Blvd. Attending this event will be a great [...]

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How high will the Las Vegas unemployment rate go?

March 16, 2010

Las Vegas Unemployment Rate  Although  it’s taken some time to get the January unemployment data, DETR posted the rate last week to their website at http://www.nevadaworkforce.com/?PAGEID=4&SUBID=141.  The data is posted monthly, but usually lags into 2/3 of the following month. 
The 13.8% unemployment rate for the Las Vegas metro area marks the highest unemployment rate since [...]

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