Vegas Looking Like Better Bet, but Odds Still Long

Few if any major cities were hit harder by the recession than Las Vegas but Sin City has finally started recovering from the recession.

This isn’t to say things are going well in the city: At 11.8%, the Las Vegas metropolitan area’s unemployment rate is tied with Riverside for the highest in the nation among areas with more than one million people, and economists don’t see it recovering its prerecession jobs tally until 2017, a full decade after the recession started.

Still, today’s unemployment rate is down from 13.6% a year ago and Las Vegas has added a net 2,000 jobs this year — a figure many economists expect to be revised upward.

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