CityCenter's 12,000 Jobs For 160,000 Applicants

(MoneyWatch)  I did the math on CityCenter's 12,000 job offers given to 160,000 applicants. The beleaguered $8.5 billion project by partners MGM Mirage and Dubai World, said it will hire 12,000 by the end of the month, which comes to around 1 in 13 applicants will be receiving a phone call. CityCenter, a 67-acre complex on the Las Vegas Strip featuring hotels, condominiums and a high-end retail and entertainment center, has had plenty of issues from Dubai World suing to get out of its partnership to MGM Mirage almost declaring bankruptcy on the project because of mounting losses.

The story also says that applicants came from as far away as Ohio, but in this economy, that shouldn't be surprising. Last week, the Nevada Department of Employment, Training and Rehabilitation announced unemployment reached a record of 13.4 percent in August.

Still, it's the biggest hiring push on the Las Vegas Strip in some time, which some are viewing as a step in the right economic direction. I think it's great that CityCenter, a project with so many things going wrong with it -- not the least of it being financing -- somehow manages to endure. I know I had serious doubts the project would ever be finished, but it looks like I, and others, may be wrong. And that's good news for jobhunters.