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Archive for August, 2008

McCarran Passenger Traffic Falls 8.6% in July

Friday, August 22nd, 2008

Total passenger traffic in July was just over 3.9 million as compared to nearly 4.3 million in July of 2007. Out of the top five carriers servicing McCarran, only American Airlines was able to eek out a gain in passengers with a 3.6% growth over last year. Southwest fell 5.6%, United was down 8.9% and US Airways suffered the largest percentage drop at 17.3%.

July Nevada Unemployment Rate Inches Up to 6.6 Percent

Friday, August 22nd, 2008

The number of unemployed workers in Nevada closed in on the 100,000 mark in July. There are currently 94,900 people unemployed compared to 67,700 this time last year, according to a report issued by the Nevada Department of Employment, Training and Rehabilitation. The mood in the employment market has turned more pessimistic recently, with the delay of several construction projects, including the freeze of the Echelon project. The one bright spot is the fact that the number of existing home sales have increased over the past six months.