GGB is committed to providing updated news and analysis on our weekly news site, GGBNews.com.

Job-Related

Job-Related

Everyone knows the tourism and hospitality industries were hardest hit by the Covid-19 pandemic. When people are locked down and stop traveling, not only transportation suffers, but workers at hotels, attractions, resorts, casinos and other leisure activities suffer. The pain extended into June, with almost 30 percent of hospitality workers unemployed. As casinos begin to reopen, some of their employees are called back but not all of them. Experts suggest only 60 percent of the workers at a casino on average were recalled. So in the June numbers, provided by the Bureau of Labor Statistics, the chart at the bottom, provided by RCG Economics, shows the sharp drop in Nevada jobs (represented by the purple line) versus all other economic downturns experienced by the state. It’s still a long climb back. Nevada still has the highest level of unemployment of any state in the nation.