You may not realize it, but Las Vegans live and work in the hottest job market in the country. A new report puts Las Vegas ahead of other major labor markets surpassing large cities like Phoenix, Los Angeles and New York.
Officials say casinos and the service industry provide the most popular jobs in Las Vegas. On average, for every hotel room built, three jobs are created. That has led many analysts to say the job market in Las Vegas is a sure bet.
Adam Lemire moved to Las Vegas for the job market. He said, "I just got to Vegas a week ago. I transferred from Honolulu. I came here for the opportunities and the job market."
Kara Kelley, president of the Las Vegas Chamber of Commerce said, "We have 6,000 residents moving in every month, but we still keep an unemployment rate of around 4-percent. That is remarkable."
Lemire added, "It is just a lot better than Hawaii even though it was the price of paradise there, here it is a lot nicer and a lot cheaper."
Las Vegas Mayor Oscar Goodman said," It is a fact we have a great place to do business in."
News is quickly spreading. The job market is hot in Las Vegas, but that news comes with challenges. Mayor Goodman said, "We have our work cut out for us because we don't have enough work force to keep up with the growth we are experiencing."
Kelley added, "It is a good problem for employees and a real tough problem for employers."
Workers are needed to keep up with the cities growth and its growing pains. Mayor Goodman explained, "If it reaches a level where it starts going backwards the community won't be as desirable as it is going forwards."
Adam Lemire says he still sees Las Vegas as the land of opportunity. "I am amazed the quality that you get for the price that you pay."
Top jobs in Las Vegas include service industry work, construction, and real estate. Some of the reasons we are the hottest market include the fact that our unemployment rate went down from 4.6-percent last June to 4.1-percent this June.
The Las Vegas Valley also added 62,700 jobs over the past year. That's a 7.7-percent increase. No other market grew faster than 5.6-percent.