community stories for southern Nevada

Posts Tagged ‘jobs’

Seniors dipping into Social Security

Job losses have pushed seniors to claim early retirement benefits, the AP reports. And this snip from an article in the Money Times.

For the time, in close to three decades, the Social Security will be compelled to dole out more in benefits than it collects in taxes during the next coupe of years.

The reason is huge job losses and an increase in the early retirement claims from laid-off people. For the time, in close to three decades, the Social Security will be compelled to dole out more in benefits than it collects in taxes during the next coupe of years.

The reason is huge job losses and an increase in the early retirement claims from laid-off people.


Drops from the ocean, into the bucket. New jobs in Las Vegas….

With unemployment 13.4%, any new jobs in Vegas are good jobs in Vegas. Last week, we heard about the bleak prospects on KNPR’s State of Nevada–a discussion with two LA Times writers about people who are currently looking for work in Las Vegas.

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But yesterday in Vegas we had a little bit o’ good news: A story about the chosen few among some 160,000 applicants who went after jobs at city center. On hand at the MGM Mirage press event were (of course) select hires, including 23 year-old Mollie Ehrman. Ehrman was profiled in yesterday’s Las Vegas Sun article about the new hires.

Ehrman received a job offer for a salon receptionist position at Aria at CityCenter’s employment center. The recent college graduate and soon-to-be Ohio transplant has been working at an Ohio department store, but today marks the start of her first “big girl job,” as she called it.

“Everything’s changing,” Ehrman said “Everything’s brand new.”

CityCenter began making employment offers to hundreds of workers Monday in preparation for the project’s opening later this year, bringing hope to those who have been unemployed and new opportunities for others looking to make a change.

The $8.5 billion complex on the Las Vegas Strip was extending offers to between 500 and 700 people on Monday. Most employees filling the remainder of the 12,000 jobs will receive offers of employment by the end of the month.

 


Vegas jobless rate hits a new record…

…of 13.4%…Yikes!

Add to that number the estimated underemployed people in the city, and it’s likely that one-quarter of Las Vegas working people are struggling to make ends meet.

Yesterday on State of Nevada, we talked about the human cost of a city full of people looking for work. And the contrast between now and yesterday, when Las Vegas was a wellspring of employment opportunity. Guests included a pair of LA Times writers, and I played interview tape from a job fair at the Hard Rock Casino in June. The desperation among many in line was palpable then. I can only imagine what it is now.

You can listen to the segment here. And we’d love it, if you’d share your story of looking for work here.

And here’s a snip from an article on the new jobless rate in today’s Las Vegas Sun:

The jobless rate in the Las Vegas area continued at a record pace in August with unemployment in the gaming and construction industries on the rise.

The department said the unemployment rate in the Las Vegas area reached 13.4 percent with an estimated 135,100 workers out of a job. That surpasses the record 13.1 percent set in July.

The state’s unemployment rate rose to 13.2 percent with an estimated 182,600 persons jobless.

“Taken as a whole, conditions have deteriorated markedly,” says William Anderson, chief economist for the state’s Department of Employment, Training and Rehabilitation.


This morning on KNPR’s State of Nevada

Las Vegas has the worst housing market in the country; casinos and construction companies are slashing jobs. Among the thousands of Californians who flocked to Las Vegas during the boom times, many are now headed home. And thousand of un (or under) employed people are scouring the city to find work.

Today, producer Adam Burke joined Dave Berns on SoN, as part of KNPR’s continuing coverage of the economy in southern Nevada, and the continuation of our series: Belonging Las Vegas.

We discussed the current state of employment (and unemployment) with Ashley Powers and Michael Hiltzik of the Los Angeles Times. They wrote an excellent two-part series on the economic meltdown in southern Nevada. She focused on the people who are looking for work in Vegas, in a piece called: Vegas Dreamers Go All In. A follow-up story on the Vegas economy, is called Luck runs out on Vegas boom.

Adam shared some of the stories he’s been hearing from people who are desperately looking for work, and played audio he gathered at a job fair at the Hard Rock Casino in June.

The segment ran between 10 and 10:30 am PST. You can listen here:

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Temp jobs show signs of a recovery

Temp jobs on the rise in Las Vegas….article in the Sun calls this an early indicator.

There are two factors potentially at play, said Brian Gordon, principal at Applied Analysis, an economic consulting firm.

One is that employers are starting to see increased demand and are seeking temporary workers as they feel out the market. Another reason might be that when companies laid off employees, they let too many go and are now short-handed, he said.