We reported late last month that Las Vegas Mayor Oscar Goodman announced likely job cuts across all city departments this year. After a four hour hearing yesterday the Las Vegas City Council tentatively approved next year’s budget and 146 city employees will lose their jobs by June as the Council tries to make up for [...]
Continue reading...Monday, March 1, 2010
A 6.9% reduction in Nevada’s state-wide K-12 education budget was approved by legislators in a special session on Sunday. Exact layoff figures were not given, simply a promise of reduced numbers if a 2-4% salary decrease went into effect. “We have talked about the need for a ’shared sacrifice,” said Joyce Haldeman, the district’s associate superintendent [...]
Continue reading...Friday, February 26, 2010
In a move justified by helping the city budget, Las Vegas mayor Oscar Goodman announced Thursday that all city departments are likely to experience layoffs. The stalling of bargaining agreements with local unions was cited as leaving 171 workers on the fence and another 44 unfilled. “This is going to be a very sad day in city [...]
Continue reading...Friday, February 19, 2010
Anheuser-Busch InBev’s Nevada division cut 90 jobs in its sales department yesterday. Those who lost their jobs included several vice presidents. The company plans to lay off another 350 employees in the coming months. Anheuser is going through what they call “restructuring”. The company hopes to save $90 million annually through job reductions linked to [...]
Continue reading...Tuesday, January 26, 2010
Boulder City, just east of Las Vegas and part of the greater Las Vegas Valley, has inked a deal with Wind Sail Receptor that will bring cheaper energy and lots of jobs to the city. In exchange for the free use of some property, Boulder City will get 1 megawatt of power and the [...]
Continue reading...Monday, December 28, 2009
California’s SolarReserve is planning on building a solar power plant near Tonopah, Nevada, with a twist. The project involves using salt to store solar energy, for those less than sunny days. The project still needs to be approved by the Bureau of Land Management which owns a majority of the land in Nevada, and the [...]
Continue reading...Wednesday, December 2, 2009
Binion’s Hotel and Casino, formerly known as the Horseshoe, is shutting down its hotel in downtown Las Vegas. The casino and restaurants will remain open. 100 employees will lose their job when the hotel ceases operations beginning on December 14th. The company cited the economic decline as the reason for the decision, [...]
Continue reading...Monday, November 30, 2009
Las Vegas is one city council vote away from approving the construction of a new City Hall in the downtown area, a plan that supporters claim will create 13,000 jobs by revitalizing the down town district. Las Vegas is currently facing an unemployment rate of over 13% and the construction industry, once the cities [...]
Continue reading...Friday, November 20, 2009
It’s beginning to feel like a trend, and this is the kind of trend that we like to talk about. Job losses slowed across the nation in October, with several states adding jobs. The two states with the highest jobless rates, Michigan and Nevada, both showed a decline. Michigan’s jobless rate fell [...]
Continue reading...Wednesday, October 21, 2009
23 states saw an increase in their jobless rate last month. 43 states lost jobs in September while only 7 states saw an increase. Because the unemployment rate does not count long term unemployed who have stopped looking for work, several states lost jobs but saw a drop in the unemployment figures anyway. Nevada [...]
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Thursday, March 11, 2010
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