LAS VEGAS (AP) — While the days of Nevada's double-digit unemployment are in the rearview mirror, a new report shows just how far the state's pace of economic recovery lags behind the U.S. as a whole.
Researchers at the University of Nevada Las Vegas' Center for Business and Economic Research released a report Monday showing a yawning gap between average weekly earnings in Nevada and those in the nation overall. The gap is driven by a sharp drop-off in the number of hours Nevadans in the private sector are working each week, and meager gains in the average hourly income.
"The limited extent of Nevada's employment recovery understates just how far Nevadans have fallen behind the pace of the national recovery," wrote Stephen P. A. Brown, director of the research center.
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