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Posted on 8/1/25 at 11:04 am to DarthRebel
quote:
Vegas will suffer until they bring back the bargains and kill off the resort fees.
How much did Covid plus the deterioration of the Airline industry hurt Vegas.
There are too many stories about poor airlines from too many people. Tourism is down some for that reason.
Who wants to be worried about getting there and getting home if you can drive to LC or Biloxi?
Posted on 8/1/25 at 11:06 am to DarthRebel
quote:
Everyone pointing out the price of Vegas is the real cause of the decline, not the economy.
The "nobody is there" line is bullshite.
2024 was the best year since preCovid. 41.7 million visitors that averaged 801,000 per week. That's 3% down from the 2016 high. 150000 hotel rooms averaging 80% occupancy during the week and 90% on the weekends. That 80/90% includes the shitholes and the strip.
That's the whole year average. How does your town or favorite vacation spot hold up on the yearly average?
Gaming revenue is at an all time high. Air travel is 8000000 arrival/departures higher than precovid.
The room tax has generated $87,000,000 more than 2019.
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[/img] Posted on 8/1/25 at 11:48 am to SDVTiger
quote:You are so predictable.
You have to be a retard. Something isnt right with you
Every time you get backed into a corner with facts or by posts that you previously made, you always resort to personal attacks as your go-to attempt at appearing intelligent.
It doesn't work. It just makes you look even dumber.
Posted on 8/1/25 at 12:31 pm to SDVTiger
This is hitting new college graduates particularly hard.
I know too many 2025 graduates in fields such as engineering (electrical, aerospace), comp sci (specialized) and math who are not able to even get interviews, let alone jobs.
'Entry level' jobs are requiring 3+ years of full time work experience. One young man has 5 summers of paid internship experience with the same company (and an EE degree with good GPA) and is getting nowhere.
It's very discouraging for some hard-working young people who do not have throw-away majors.
I know too many 2025 graduates in fields such as engineering (electrical, aerospace), comp sci (specialized) and math who are not able to even get interviews, let alone jobs.
'Entry level' jobs are requiring 3+ years of full time work experience. One young man has 5 summers of paid internship experience with the same company (and an EE degree with good GPA) and is getting nowhere.
It's very discouraging for some hard-working young people who do not have throw-away majors.
Posted on 8/1/25 at 1:14 pm to SDVTiger
Given the BS from May and July, we can expect this revised down to 5,000 or less and possibly negative, correct?
Typically government (left or right) to BS as they force their agendas through.
I’m sure Trump will acknowledge these.
Typically government (left or right) to BS as they force their agendas through.
I’m sure Trump will acknowledge these.
Posted on 8/1/25 at 1:18 pm to SDVTiger
The government basically lies about everything so why do we think the BLS doesn’t do the same thing?
Posted on 8/1/25 at 1:19 pm to stout
quote:
I think some of it has to do with more local casinos across the USA so people dont have to go all the way to Vegas to gamble but even then LDL and Golden Nugget in LC seem slow on some weekends when they are supposed to be filled with Texans.
ETA: Also online sports betting allows people to stay home too
I definitely think this is a big part of it and another factor is to be honest the cost of Vegas vs the value received is going the wrong direction imo
Posted on 8/1/25 at 1:22 pm to SDVTiger
Why is the job market worsening?
Posted on 8/1/25 at 1:32 pm to Lou Pai
It could possibly be from the FEDs holding rate. That is not necessarily the reason, but it could be part of the reason.
If the FED is uncertain about the future, the rationale would tell you that businesses are uncertain. If businesses are uncertain about the future, they may be hesitant to invest or hire
If the FED is uncertain about the future, the rationale would tell you that businesses are uncertain. If businesses are uncertain about the future, they may be hesitant to invest or hire
Posted on 8/1/25 at 1:35 pm to Lou Pai
quote:
Why is the job market worsening?
Because Too Late wont cut the rates
But the jobs numbers have been total BS for almost 3yrs now if not longer
They were all illegals, p/t and Gov jobs anyways
Posted on 8/1/25 at 1:36 pm to SDVTiger
Posted on 8/1/25 at 1:37 pm to Lou Pai
quote:
Why is the job market worsening?
Uncertainty in the economy. Fareid’s are going to cause an effect. They have to cut costs some how, and so downsizing jobs will be one way.
Also, companies simply won’t hire during downturns. Tons of universities also have hiring freezes and have had layoffs of even faculty.
I hope people sitting here claiming the tariffs have had no negative effects are ready. They will have sig if isn’t ones in the coming months. It isn’t immediate yet because that’s not how the markets work.
I hope it works out, but tariffs from a massively consumer economy won’t do what they think it will. Americans have no sense of control when it comes to spending, so debt will simply go up and companies aren’t just going to eat the tariffs long term. There will be consequences. Just depends on what they decide to do in response beyond two months.
Posted on 8/1/25 at 1:37 pm to SDVTiger
I’ve said it before and nobody likes it but I think the purpose of federal job layoffs and tariffs had less to do with smaller government and trade balances and more to do with crashing the economy to end inflation and lower lending rates.
Posted on 8/1/25 at 1:38 pm to FLTech
“Actually the bad numbers I wanted anyway to get the fed to move the direction I desire is Biden’s fault”
Posted on 8/1/25 at 1:39 pm to FLTech
This is a fair point.
But also, the jobs market is obviously not super strong.
But also, the jobs market is obviously not super strong.
Posted on 8/1/25 at 1:40 pm to SDVTiger
quote:
They were all illegals, p/t and Gov jobs anyways
In a consumption based economy that is necessary to be the world’s reserve currency, it doesn’t really matter the genesis of the job but just that they’re getting checks and buying treats.
Posted on 8/1/25 at 1:41 pm to Diego Ricardo
If they’re sending 30% of their money home, that’s 30% that’s not juicing our economy.
Posted on 8/1/25 at 1:42 pm to SDVTiger
quote:
Because Too Late wont cut the rates
Has nothing to do with it.
jobs market was improving under Biden even with the higher interest rates. The uncertainty from tariffs and international turmoil have the actual impact, but of course Trump and his supporters will blame the Fed.
It’s their new boogie man and built in excuse.
This post was edited on 8/1/25 at 1:44 pm
Posted on 8/1/25 at 1:43 pm to the808bass
quote:
If they’re sending 30% of their money home, that’s 30% that’s not juicing our economy.
No argument from me on that front. I’m realistic on immigration. We shouldn’t need to source manual labor from abroad. We may need to source scientists and other highly skilled laborers from abroad. Consequently the latter does more conspicuous consumption and puts more in than they take out from our state.
This post was edited on 8/1/25 at 1:44 pm
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