by on October 18, 2012
As of July 2012, the unemployment rate of greater Clark County, Nevada, which includes the desert oasis of Las Vegas, is at 12.9 percent, compared to the national rate at 7.8 percent. The state of Nevada as a whole suffers from the highest state unemployment rate in the country at 12.1 percent. Vegas was also hit hard when the housing bubble burst, with many homes lost between 60 to 65 percent of their value since 2007. Currently, Nevada ranks sixth in the nation for highest housing foreclosure rates in the nation. The people of Las Vegas are struggling to turn their town and their fortunes around. Unfortunately, local unions are standing in their way. To Read More….
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