Plenty of Encouraging Signs for Las Vegas !!

There are plenty of encouraging signs that Las Vegas is making a comeback. One of our most serious problems has been a sky high unemployment rate for the last three years, but employment across Southern Nevada actually increased in March for the first time in 38 months. Our labor market recovery still has a long way to go but you have to make a start somewhere and March was significant for that reason most of all. As one of the most prominent tourist destinations on the globe, the status of the Las Vegas economy can also be gauged by statistics from McCarran International Airport. March clocked-in as the third consecutive month of increased passenger counts and Southwest Airlines continues to be our most important carrier. In terms of overall tourist traffic for the Las Vegas Strip, February gave our city it’s 12th consecutive month of increased visitation numbers. Based in large measure on these highly encouraging data points, finance magazine Kiplinger included Las Vegas on their list of  “11 Comeback Cities for 2011.”  Without question, Las Vegas is fighting back from a very difficult phase in it’s colorful and interesting  history. It might be a good idea to remember the old adage that no one ever got rich betting against Las Vegas, a city like no other. The future looks brighter by the day …

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