According to new Bureau of Labor Statistics data, Nevada’s unemployment rate is down 2.2% in July from numbers 12 months ago.
The Inflation Reduction Act of 2022 narrowly passed the Senate on party lines after Vice President Harris cast the tie-breaking vote on August 7th.
On Sunday August 7th, the Senate passed the Inflation Reduction Act along party lines with Vice President Harris casting the tie breaking vote.
The Inflation Reduction Act (IRA) was recently passed by Congress and is now expected to be signed by President Joe Biden.
Every Republican in the Senate voted against the Inflation Reduction Act.
Micron Technology said in an announcement, ‘With the anticipated grants and credits made possible by the CHIPS and Science Act, this investment will enable the world’s most advanced memory manufacturing in America.’
The global semiconductor chip shortage has negatively impacted many manufacturing industries including automotives and consumer electronics.
According to the Nevada Department of Employment,Training, and Rehabilitation (DETR), Nevada’s June 2022 economic report shows that the Silver State added 7,600 jobs during the month, and job growth is up 90,400 since June 2021—a 6.6 percent annual increase.
AB349, a bill which shut the “classic car loophole,” prior to the bill a loophole existed which permitted an increasing number of older, dirtier vehicles to avert polluted air inspections.
During the month of June, Nevada added roughly 7,600 jobs with most jobs being added to the education, health, professional, and business industries.