RENO (AP) — A nonprofit group’s new report raises concerns about changes in the workforce at Lake Tahoe and the future of the area’s economy, including looming impacts from climate change.
It says the COVID-19 pandemic helped expose the growing vulnerability of its increasing dependence on tourism as housing costs balloon, year-round residency declines and more workers commute from afar or seek jobs elsewhere.READ MORE: Dramatic Price Drop At Pump Draws Drivers To Galt Gas Station
Tourism now accounts for more than 60 percent of Lake Tahoe’s $5 billion regional economy — up from 40 percent in 2010.READ MORE: Jewelry Store Owner Says Suspects Stole 300K Worth of Merchandise
The Tahoe Prosperity Center says the findings underscore the need to seek more economic diversity, build more affordable housing and utilize an increasingly skilled work force.MORE NEWS: Saturday's Show Info (12/4/21)
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