In the past Recruiting Nevada used Uhaul truck reports to determine the best migratory (feeder) cities for Las Vegas. Since, we have developed our own proprietary software to determine the hottest markets to draw from and even have the ability to segment by profession. We would look at the origination point for all Vegas-bound Uhaul truck rentals and establish a hit-list of the cities people were leaving to find jobs in Las Vegas.
Last week there was an article on MSN Money that discusses the rental truck rate variation based on where the jobs are. In this article they compared Las Vegas to San Antonio…..respectively a city that is getting its butt kicked (Las Vegas – 13.9% Unemployment) in the recession and one that is riding through the recession without many issues (San Antonio – 7% unemployment).
This was their finding:
- From Las Vegas to San Antonio – truck rental fee – $1,880
- From San Antonio to Las Vegas – $437
Sad to say, but Las Vegas is no longer the relocation destination it once was. This all has to do with jobs. When we have them…..and we have for 21 consecutive years as the fastest growing city ….everyone wants to be here. When we don’t, Las Vegas is not as appealing.
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