Only one job sector’s real wage in Clark County has kept up with the rate of inflation since the end of the pandemic, leading to the region’s growing affordability gap, according to a UNLV economist.
And it’s not the hospitality sector, which drives the region’s economy.
“Looking at it by industry, only those working in information technology in Clark County have seen their wage growth constantly outpace inflation through the end of 2024,” said Andrew Woods, director for the Center for Business and Economic Research at UNLV.
Approximately 19,900 people work in information technology in Clark County, he said.
In comparison, about 303,800 people work in the leisure and hospitality sector in Southern Nevada, according to the Nevada Department of Employment, Training and Rehabilitation.
W

Las Vegas Review-Journal Business

FOX 13 Seattle Politics
Democrat and Chronicle
Reuters US Business
KUOW Public Radio
KNAU
AlterNet
Newsday
KPAX
Raw Story