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SOUTHERN NEVADA
ECONOMY
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Peak Present % Change
Drivers License Surrenders Aug-04 8,889 Jan-16 5,008 -43.7%
Electric Meter Hookups Nov-15 786,910 Dec-15 786,866 -0.01%
Total Nonfarm Employment May-07 936,800 Jan-16 921,300 -1.7%
Unemployment Rate Dec-05 3.7% Jan-16 6.5% 2.8%
Initial Unemployment InsuranceClaims
Dec-08 36,414 Jan-16 13,742 -62.3%
New Home Closings Dec-05 4,209 Jan-16 387 -90.8%
New Residential Units Permitted Mar-06 5,204 Jan-16 737 -606.1%
Existing Home Closings Jun-05 5,843 Jan-16 2,830 -51.6%
Value of New Commercial BuildingsPermitted (Millions)
May-07 $379.5 Jan-16 $34.4 -90.9%
Taxable Retail Sales (Billions) Dec-15 $38.6 Dec-15 $38.6 0.0%
Average Weekly Wages - Private Jun-07 $751 Jan-16 $724 -3.5%
Peak to Present
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Prior Year Present % Change
Drivers License Surrenders Jan-15 4,640 Jan-16 5,008 7.9%
Electric Meter Hookups Dec-14 772,573 Dec-15 786,866 1.9%
Total Nonfarm Employment Jan-15 898,500 Jan-16 921,300 2.5%
Unemployment Rate Jan-15 7.5% Jan-16 6.5% -1.0%
Initial Unemployment InsuranceClaims
Jan-15 15,572 Jan-16 13,742 -11.8%
New Home Closings Jan-15 357 Jan-16 387 8.4%
New Residential Units Permitted Jan-15 417 Jan-16 737 76.7%
Existing Home Closings Jan-15 2,593 Jan-16 2,830 9.1%
Value of New Commercial BuildingsPermitted (Millions)
Jan-15 $15.3 Jan-16 $34.4 124.2%
Taxable Retail Sales (Billions) Dec-14 $36.5 Dec-15 $38.6 5.6%
Average Weekly Wages - Private Jan-15 $708 Jan-16 $724 2.3%
Prior Year to Present
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NEVADA’S GROWING
HISPANIC POPULATION
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Nevada Population
0.0
0.5
1.0
1.5
2.0
2.5
3.0
'05 '06 '07 '08 '09 '10 '11 '12 '13 '14
M i l l i o n s
Non-Hispanic Hispanic
23.7%
27.8%
Source: American Community Survey, 2014 1-Year Estimates
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Nevada Population Growth
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
'06 '07 '08 '09 '10 '11 '12 '13 '14
Hispanic Growth Total Growth
3.0%
1.8%
Source: American Community Survey, 2014 1-Year Estimates
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“The Hispanic populationreached a new high of
55.4 million in
2014…However, that
2.1% rate continues a
trend of slower growth
that began in 2010 .” -- Pew Research Group, 6/25/15
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Clark County Hispanic Population
Hispanic30.3%
The Hispanic population inClark County increased by56,159 residents since 2010.
Source: American Community Survey, 2014 1-Year Estimates
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Clark County Hispanic Population
Native Born18.1%
Foreign Born12.2%
Of all foreign born residents inClark County, 54.8% are ofHispanic origin.
Source: American Community Survey, 2014 1-Year Estimates
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Clark County Domestic Hispanic Migration2013-2014
27.9%
5.0% or Greater
2.0% - 4.9%
1.0% - 1.9%Less than 1.0%
No Rep. Migration
Source: American Community Survey, 2014 1-Year Estimates
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CC International Hispanic Migration2013-2014
Of all international Hispanic migration intoClark County from 2013 through 2014,
those migrating from Cuba accounted for33.3% of the total and those migrating from
Mexico accounted for 28.1% of the total
Source: American Community Survey, 2014 1-Year Estimates
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SOUTHERN NEVADA’S
HISPANIC ECONOMY
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Las Vegas MSA EmploymentTrailing 12-Months
400
500
600
700
800
900
1,000
'00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16
T h o u s a n d s
Source: U.S. Bureau of Labor Statistics
Trough to Present:+115,417 (+14.4%)
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Clark County EmploymentBy Ethnicity | 2014
Asian9.0%
White40.8%
Hispanic/Latino26.5%
African American8.9%
Other 14.7%
According to the American
Community Survey, Hispanicemployment has increased by
45,196 jobs (+18.9%) since 2010.
Source: American Community Survey, 2014 1-Year Estimates
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National Unemployment RateBy Ethnicity
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
'05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16Source: U.S. Bureau of Labor Statistics
African American8.8%
Hispanic/Latino5.4%
White
4.3%
Asian3.8%
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Nevada Unemployment RateBy Ethnicity | 2014
3.2%
7.3% 7.5%
15.4%
Asian White Hispanic/Latino Black/AfricanAmerican
Source: U.S. Bureau of Labor Statistics
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Clark County Unemployment RateBy Ethnicity | 2014
7.3%8.3%
9.3%
15.3%
Asian White Hispanic/Latino Black/AfricanAmerican
Source: American Community Survey, 2014 1-Year Estimates
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26.2%
29.8%27.6%
7.6% 8.9%
Management, Business, Science & Arts Service
Sales and Office Natural Resources, Construction & Maintenance
Production, Transportation & Material Moving
13.0%
41.8%24.0%
10.9% 10.3%
Source: American Community Survey, 2014 1-Year Estimates
Employment DistributionSouthern Nevada Workers
Average MarketHispanics/ Latinos
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$44,125
Median Household Income
Hispanics/Latinos in Clark County
Median Household Income All Households in Clark County
$51,214
Source: American Community Survey, 2014 1-Year Estimates
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Poverty Status in the Past 12 MonthsClark County
Poverty15.2%
All Races
Poverty20.4%
Hispanics
Source: American Community Survey, 2014 1-Year Estimates
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Hispanic-Owned Businesses
Other 85.2%
Hispanic
14.8%
Nevada
Other 82.8%
Hispanic
17.2%
Clark County
Source: U.S. Census Bureau, 2012 Survey of Business Owners
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So. Nevada Household IncomeDistributions
18.9%
9.2%
21.0%
15.1%
12.2%
6.2%
5.5%
12.0%
Valley-Wide Average
11.5%
11.5%
21.1%
19.1%
14.6%
9.4%
5.5%
7.5%
$100,000 and Over
$75,000 to $99,999
$50,000 to $74,999
$35,000 to $49,999
$25,000 to $34,999
$20,000 to $24,999
$15,000 to $19,999
Under $15,000
Hispanic/Latino
Source: Las Vegas Perspective
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SOUTHERN NEVADA’S
NEIGHBORHOODRISK INDEX
Hi i P l ti
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Hispanic PopulationDensity
40.0% or Greater
20.0% - 39.9%
10.0% - 19.9%
Less than 10.0%
Source: Las Vegas Perspective
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Zip Codes with the
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Source: Las Vegas Perspective
Zip Code # Hispanic
89030 38,024
89110 47,179
89101 26,94189115 35,734
89104 21,669
89102 18,705
89142 18,765
89107 19,055
89156 13,283
89169 10,710
TOTAL 250,065
Zip Codes with theHighest Share of
Hispanics
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Valley-WideNeighborhoodRisk Index
Source: Quarterly Neighborhood Risk Index, Applied Analysis
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SNAP
Source: Quarterly Neighborhood Risk Index, Applied Analysis
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TANF
Source: Quarterly Neighborhood Risk Index, Applied Analysis
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Medicaid
Source: Quarterly Neighborhood Risk Index, Applied Analysis
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84.0%Valley-Wide 73.7%Hispanic/Latino
CC Residents With HealthInsurance Coverage
Source: American Community Survey, 2014 1-Year Estimates
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Foreclosures
Source: Quarterly Neighborhood Risk Index, Applied Analysis
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ResidentialVacancy
Source: Quarterly Neighborhood Risk Index, Applied Analysis
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Bank-OwnedHomes
Source: Quarterly Neighborhood Risk Index, Applied Analysis
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CompositeRisk
Source: Quarterly Neighborhood Risk Index, Applied Analysis
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SOUTHERN NEVADA’S
HISPANIC EDUCATIONSTATISTICS
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N ti l U l t R t
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National Unemployment RateBy Highest Educational Attainment
0%
2%
4%
6%
8%
10%
12%
14%
16%
'05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16
Source: U.S. Bureau of Labor Statistics
Less ThanHigh School
7.3%
High School
Diploma5.3%
Some College or Associate Degree
4.2%
Bachelor’sDegree or Higher
2.5%
N d K 12 S h l
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Nevada K-12 SchoolsEnrollment Demographics
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
'05-'06 '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 '13-'14 '14-'15
Other Asian Black White Hispanic
Source: Nevada Report Card
412,165
459,095+46,930 (+11.4%)
N d K 12 S h l
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Nevada K-12 SchoolsEnrollment Demographics
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
'05-'06 '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 '13-'14 '14-'15
Non-Hispanic Hispanic
Source: Nevada Report Card
1 3 8
, 5 2 2
1 8 8 , 7
0 1
+50,179 (+36.2%)
N d St d t P l ti
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Nevada Student Population2014-2015
Hispanic
41.1%Non-
Hispanic58.9% Since the 2005-2006 school year,
the Hispanic share of the studentpopulation has increased by 7.5
percentage points.
Source: Nevada Report Card
Cl k C t S h l Di t i t
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Clark County School DistrictEnrollment Demographics
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
'05-'06 '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 '13-'14 '14-'15
Other Asian Black White Hispanic
Source: Nevada Report Card
293,781
318,040+24,259 (+8.3%)
Cl k C t S h l Di t i t
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Clark County School DistrictEnrollment Demographics
1 0 8
, 2 0 6
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
'05-'06 '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 '13-'14 '14-'15
Non-Hispanic Hispanic
Source: Nevada Report Card
1
4 3 , 2
7 4
+35,068 (+32.4%)
CCSD St d t P l ti
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CCSD Student Population2014-2015
Hispanic45.0%
Other 55.0%
Source: Nevada Report Card
Since the 2005-2006 school year,
the Hispanic share of the studentpopulation has increased by 8.2
percentage points.
CCSD P t f P fi i t St d t
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CCSD Percentage of Proficient StudentsMathematics
69.0%
61.3%63.7%
26.7%
4th Grade 8th Grade
All Races Hispanic
Source: Nevada Report Card
CCSD P t f P fi i t St d t
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CCSD Percentage of Proficient StudentsReading
67.5%
51.7%
61.1%
43.1%
4th Grade 8th Grade
All Races Hispanic
Source: Nevada Report Card
CCSD High School Grad ation Rates
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CCSD High School Graduation Rates2010-2011
HispanicGraduates
51.8% All Graduates
59.3%
Source: Nevada Report Card
CCSD High School Graduation Rates
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CCSD High School Graduation Rates2014-2015
HispanicGraduates
67.9% All Graduates
72.1%
Source: Nevada Report Card
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“[UNLV] is tied for second in
[U.S. News & World Report’s]annual Best Ethnic Diversity
listing…a jump from sixth last
year. UNLV has placed in
the top ten for the past five
years…[The report] noted
UNLV’s high percentage of
Hispanic students.” – Campus News, 9/9/2015
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KEY TAKEAWAYS
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