Soupnazi630
Gold Member
- Dec 9, 2013
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There may be cases where trumps tarriffs can be linked to layoffs but not this one.‘Las Vegas shed thousands of jobs last month amid an ongoing tourism slump, according to a new report, which found Nevada’s labor market is “largely stationary.”
Employment in the Las Vegas area fell by 4,300 jobs from July to August, a drop of 0.4 percent, the Nevada Department of Employment, Training and Rehabilitation reported Thursday, using seasonally adjusted data.
Statewide, employment levels are effectively unchanged from a year ago, the department found.
All told, the report shows “a labor market that is largely stationary,” David Schmidt, the department’s chief economist, said in a news release.
Nevada is by no means alone, as hiring has largely stalled around the country.’
It’s the same problem: Trump’s reckless, irresponsible trade wars are causing economic anxiety resulting in fewer people taking vacations – particularly expensive vacations to Las Vegas.
I've been watching this for a while in vegas and it has nothing to do with Trump.
The major casinoes in vegas have changed their business model and methods under new leadership. This has been going on for some time now. They are deliberately attempting to discourage tourism from common working class people and instead focusing on the whales. They are catering only to millionaires or higher.
Word has gotten out about this and tourism in general has been declining which means less need for staff or people to support tourism.
How this model will work out for them in the long run is anyones guess but it has nothing to do with tarriffs.
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