Layoffs in Nevada are increasing as companies tighten budgets due to decreased investment, tariffs, and higher operating costs. Thousands of jobs, especially in construction, have been lost each month throughout 2025, and the future looks uncertain. If you’re affected or worried about it, you might be wondering how to manage as rent and utility prices keep rising.

To help you navigate this challenging time, we’ve compiled a set of practical tips for anybody in Nevada who needs support with rising rent and other essential costs. Follow this guide from Nevada Title and Payday Loans, Inc. to seek layoff cash in Las Vegas and also learn how a title loan can help.

5 Tips For Handling Layoffs In Nevada

The Nevada layoff rate was 1.4% at the beginning of 2026, meaning about 25,000 people lose their jobs each month. This is particularly bad at this moment, when inflation and tariffs have increased the price of everything from food to gas. Rent prices also continue to rise, since Nevada is an in-demand real estate market, and investments in the electrical system have increased energy prices.

It may seem bad if you’ve lost your job, but there is still hope. You can rebound and recover financially to ensure you can continue to afford your bills while seeking new employment.

Here are five tips for how to afford costs after getting laid off in Nevada:

man needs layoff cash in Las Vegas

1. Create A ‘Bridge’ Budget

Your ‘bridge’ budget is a survival-focused budget designed to bridge the gap between losing your job and finding a new one. It’s about ensuring you can cover the bare essentials, like rent and power, while trimming the non-essential expenses. Many people find that creating a bridge budget during financial uncertainty can go a long way toward easing their anxiety.

You’ll start by determining how much cash you’ve got available by considering:

Severance pay – Unfortunately, there is no legal requirement for severance pay in Nevada, as it is an at-will employment state. Still, some companies do offer layoff cash in Las Vegas. If you have this available, budgeting will be much easier.
Unemployment insurance – You’ll need to apply for this yourself. Generally, if you’ve been laid off in Nevada and worked for at least 4 of the 5 last quarters, you’ll qualify. You can only receive benefits if you are actively seeking work. There has been a rise in unemployment claims in Nevada as of late, so if you’ve yet to apply for unemployment insurance, we encourage you to do so as soon as possible.
Savings – Just 41% of people in the US have savings of over $1,000. A good proportion of the remaining people have no savings at all. So, chances are high that if you do have savings, the amount may be limited. Still, every little helps when looking for a new job.

Now, you need to consider the essential expenses you need to focus on, including rent, energy bills, phone bills, insurance, food, and certain loans. Be ruthless in determining what is ‘essential’. If you really don’t need to pay for something, cut it from your bridge budget to ensure you can afford what is necessary.

2. Cut Expenses

It’s unlikely to go through your entire budget and find you can afford everything without making adjustments. While seeking new employment, you will need to reduce how much money you’re spending, which means cutting costs. These aren’t expenses you need to permanently cut, but ones that you can go without paying until you get a new job.

The following are some expenses you can cut to afford your bridge budget:

Buying coffee at cafes and restaurants
Eating out or getting food delivered
Unnecessary subscription services
Expensive nights out (Ex, bars, concerts, clubs, etc.)
Luxury expenses (Ex, video games, new clothes, brand-name groceries, etc.)

Even after cutting expenses, you may still find it hard to afford your necessary costs. If you still need rising rent help in Nevada, it’s worth it to have a conversation with your landlord.

3. Communicate With Your Landlord And Energy Company

Many landlords recognize that the economy is in a tough position and might be able to offer help. Some landlords could provide temporary rental relief, delay rent hikes, or negotiate different rental terms. If you’re still having trouble paying rent after talking to your landlord, it might be helpful to look into more affordable properties. Ideally, your rent should never be more than 30-40% of your income.

Rising power costs can be easier to handle. This year, NV Energy has come under a lot of scrutiny for its new rate structure. It is to the point that over 900,000 people in Nevada may be paying considerably more for the same amount of energy they used last year. Many people have found this scrutiny has made it easier for them to negotiate better energy rates.

If you’re not with NV Energy, it may still be worth calling your energy supplier. Energy suppliers may offer assistance programs, energy efficiency rebates, and payment plans. Working with your energy company can often save you significant money.

4. Explore Other Income Sources

A tougher economy means that full-time work may not be particularly forthcoming, especially if you’re limiting the type of job you’re applying for to your career. If you’ve been laid off, keep in mind that the industry you worked in may be going through a rough patch. It may be worth casting your net wider to find a job that you wouldn’t normally consider, just to get some money flowing in.

Every cent counts, since layoff cash in Las Vegas can be limited. You might also want to consider other ways to get cash flowing in. This can include looking for temporary, part-time, freelance, and odd jobs. Remember, you will need to report this if claiming unemployment benefits, since benefits are often reduced when you have extra income sources.

Here are some side hustles to make some extra cash while looking for a full-time job:

Driving for Uber or Lyft
Delivering food with Uber Eats, DoorDash, or Instacart
Freelance writing and editing
Social media management
Selling old items you don’t need
Graphic design
Remote assistant

5. Seek Emergency Financing With A Title Loan

Losing your job and not being able to afford essential expenses is considered an emergency. In this case, an emergency loan can help, which is where Nevada Title and Payday Loans, Inc. comes in. While you won’t be able to get approved for a payday loan without a job, you can get a title loan.

A title loan is a secured loan using a lien-free vehicle title as collateral. You can borrow up to $15,000 based on your vehicle’s value, which we will determine during an in-person meeting. This emergency loan option lets you start the process today and get approved for cash in just a few easy steps, so you can access your cash within one business day.

As long as you have these required items, you can get approved: a driver’s license (or other state-issued photo ID), a lien-free vehicle title in your name, and a vehicle for an inspection. You must be at least 18 years old to get approved and can only use it attached to a car, truck, or van.

Here is how to get approved for a title loan in Nevada:

Submit an online inquiry with your basic details
Speak to a loan associate on the phone about title loans
Bring your required items to the nearest Nevada store for verification
Have your vehicle inspected for its value
If approved, sign the loan to complete the process
Receive your emergency cash later that day or by the next business day

Handle Unexpected Expenses After Getting Laid Off – Borrow A Title Loan In Nevada Today!

Getting laid off can throw a wrench into your financial plan. If you need fast cash to handle an emergency, Nevada Title and Payday Loans, Inc. may be able to help. We offer title loans designed to get you the money you need quickly. You can borrow up to $15,000 without worrying about your credit score, and you even get to keep your car!

Ready to get fast financial relief during this layoff period? Simply complete our easy online title loan form, and one of our team members will contact you to guide you through the next steps. Visit us in-person today to get qualified in less than 30 minutes!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.