Economic Recovery: By the Numbers June 14, 2022
The economic recovery in Western Nevada is well underway, with key statistics showing significant improvements in recent months.
5,200: Nevada added 5,200 jobs in April 2022, an 8% annual increase. Reno’s Metropolitan Statistical Area (MSA) added 700 jobs, and Carson City’s added 300.
$1.3 billion: Nevada’s nonrestricted gaming licensees reported a total gaming win of $1,355,229,902 for March 2022, a 26.83% annual increase.
75 cents: Nevada’s minimum wage will rise 75 cents on July 1 to $9.50/hour for organizations with health insurance and $10.50/hour for those without.
Six: Governor Steve Sisolak appointed six members of his existing cabinet to a workforce development sub-cabinet to evaluate the state’s workforce needs and provide recommendations.
$15 million: Washoe County plans to spend $15 million in American Rescue Plan Act (ARPA) funding to provide supportive housing to disproportionately affected communities, including $4.5 million for those with severe mental illness.
13: Spirit Airlines will be the 13th airline to service Western Nevada from the Reno-Tahoe International Airport when it begins twice-daily flights to the Harry Reid International Airport (LAS) in Las Vegas in August 2022.
With continued support from businesses and residents, we will continue to build a strong and thriving economy.