Job Growth in the Southwest Since 1990Here's a look at cumulative job growth in selected Southwest US markets since 1990. As you can see, Las Vegas' job growth has been phenomenal in that period, almost twice that of Phoenix, which has substantially outpaced that of the three other markets analyzed here.

Now, it's true that it's easier to rack up eye-popping growth rates when you're a fairly small city, but the fact is that Vegas is rapidly becoming a big town. In 1990, Phoenix had about 7% more jobs than Las Vegas has now. And it's not as if Phoenix has been standing still; in 1990 it had four times the jobs of Tucson; today it's almost five times as many. Of course, all these cities have been doing well compared to most of the cities in the Northeast and Midwest.