Since January 2021, over 150k more Nevadans have jobs, unemployment has been cut by more than half, and the GDP grew at a nearly 8% rate
In Case You Missed It, Heather Boushey of the White House Council of Economic Advisers joined FOX5 Las Vegas to discuss the economic progress and recovery from the pandemic that Nevadans are seeing thanks to Democrats. Despite being one of the hardest-hit states in the pandemic, Nevada has experienced one of the fastest recoveries in the nation. With much work left to do, Democrats are working hard to ensure that every Nevadan has a high-paying job, can put food on the table, and support their family.
Heather Boushey, Council of Economic Advisors to FOX5 Vegas:
“The pandemic was so challenging, I know especially for folks in Nevada, especially for folks in the Leisure and Hospitality sectors, and to see those jobs start to come back, to see folks in Nevada able to get those jobs, that really is a sign of just how much progress we’ve made to get the virus under control and get people back to work.” (source)
Nevada has recovered 99% of the jobs that were lost at the onset of the pandemic, with one of the strongest job markets in Nevada’s history coming under the leadership of Senator Cortez Masto, Governor Sisolak, and President Biden. At the start of last year, the unemployment rate was 10.2% in Nevada. The Nevada economy has added 153,000 jobs, the unemployment rate has dropped to 5%, and initial claims for unemployment insurance have fallen by 86%.
Meanwhile, Republicans have a plan to increase taxes on 32.6% of all Nevadans, voted against legislation to prevent price gouging on gas from profit-hungry oil executives, and unanimously voted against the American Rescue Plan, which shrunk childhood poverty from 15.7% in 2018 to a projected 7.3% in 2021.
Democrats continue to focus on Nevadans, providing legislative success after legislative success, while federal GOP lawmakers and leaders are dead-set on raising taxes, decreasing opportunity, and stopping programs to protect business owners and employees. Governor Sisolak is making the single largest investment in housing affordability in state history, is investing $360 million in affordable child care to save families more than $50 million in costs, and is taking steps to expand affordable health care and lower the cost of prescription drugs by up to 80%.
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