LAS VEGAS, NV – Keystone celebrates the extraordinary growth in Nevada’s labor market as a direct result of Governor Joe Lombardo’s focused approach to economic development. The state has seen its labor force grow for the 10th consecutive month, a testament to the Governor’s effective policies.
The Nevada Department of Employment, Training and Rehabilitation (DETR) reports a stable unemployment rate of 5.4% from September to October, with an increase in the labor force by about 5,500 individuals. This growth reflects the success of Governor Lombardo’s commitment to economic development as a top priority.
Business Facilities recently ranked Nevada as having the eighth-best business climate in the U.S., and the Tax Foundation placed Nevada seventh for its business tax climate in 2023. These achievements align with Governor Lombardo’s declaration in his inaugural State of the State address that Nevada is “open for business.”
Significant employment growth in Las Vegas, Reno, and Carson City demonstrates the positive impact of the Governor’s policies. Las Vegas added 39,900 jobs since October 2022, and Reno saw an increase of 8,500 jobs in the same period.
Darren Wilson, President of Keystone, states, “We at Keystone are impressed by the positive economic developments under Governor Lombardo’s leadership. His hands-on approach to fostering economic development and implementing business-friendly policies is driving Nevada towards a prosperous future. We are confident that these efforts will continue to yield significant benefits for our state.”
CONTACT:
Courtney Holland Weaver
Keystone Director of Operations
ABOUT KEYSTONE
Keystone Corporation, for over 25 years, has been a leading advocate for Nevada’s business professionals. Our mission is to support and promote candidates who champion private sector job growth, low taxation, sensible regulation, and efficient state services. We are committed to fostering a responsible government and a business-friendly environment in Nevada, guided by the principles of American enterprise.
Our goal is to identify and nurture the next generation of leadership that will drive Nevada towards this vision. As a pivotal player in the state’s electoral process, Keystone actively supports pro-business candidates who appreciate the importance of a free enterprise system.
In an era where free markets often contend with excessive bureaucracy and regulation, Keystone stands firm as a defender of Nevada’s business community and entrepreneurship, advocating for policies that ensure the state’s economic prosperity and uphold the tenets of free enterprise.
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