Nevada Still Heading Downhill Economically

My son lost his job on July 18th, shortly after International Gaming Technology sold to an Italian corporation. Fortunately for Kyle, he saw it coming as his former workplaces’ largest customer had been IGT.

That same night, following his layoff, the local news outlets reported the unemployment figures for the state were down. I don’t believe the state or the local news stations or the paper as it seems they simply report whatever tripe’s handed to them, no questions asked.

With that said, I think the economic crisis will get worse for Nevada before it gets better, especially as the state-wide layoffs begin when IGT officially leaves the state. After all Nevada isn’t the business-friendly refuge it used to be.

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