Las Vegas Review-Journal reported on Saturday that Nevada’s unemployment has reached a 25-year high at 8 percent.
Despite job cuts at International Game Technology and Las Vegas Sands Corporation, resorts like the new Encore Las Vegas are hiring 17,000, according to the Review-Journal, though this won’t help more than 100,000 Nevadans out of work.
The Sands has laid off 500 workers and 100 managers at the Venetian Macau and plans to cut staff working hours as it suspends construction activity, the Wall Street Journal said on Tuesday. In mid-November, Channel NewsAsia reported that building delays for a Sands development in Macau would put some 11,000 construction workers out of work.