Unemployment Rate

Economy Watch Weekly: Middling Month for Job Creation

The number of jobs created in August was below this year’s average monthly gain, the Bureau of Labor Statistics reported. The month’s report did not include Hurricane Harvey’s impact on employment. Economy Editor Dees Stribling discusses the full report, for the week ending Sept 1., 2017.

Economy Watch: Economy Creates 156K Jobs in August

Job growth was not as impressive in August as in previous months, but some sectors affecting the real estate industry saw job gains, according to the Bureau of Labor Statistics latest jobs report.

Economy Watch: Most Metros Enjoy Low Unemployment

Of the 388 U.S. metro areas, 340 had unemployment rates that were lower in July than a year earlier, according to a recent Bureau of Labor Statistics report.

Economy Watch Weekly: July Marks Good Month for Job Growth

The U.S. economy has experienced three solid months of job gains, with 209,000 positions being added in July, according to the Bureau of Labor Statistics. Economy Editor Dees Stribling breaks down the jobs numbers.

Economy Watch: Economy Adds 209K Jobs in July

July was a fairly good month for job growth, with employment increasing in food services and drinking places, professional and business services, and health care, all of which spur commercial space absorption, according to the Bureau of Labor Statistics.

Economy Watch: Fed Holds Off on Rate Hike

The Federal Open Market Committee did not increase the cost of borrowing at its latest meeting, citing positive expectations about the labor market, including solid job growth and a declining unemployment rate.

Economy Watch: State Unemployment Rates Mostly Flat in June

Thirty-eight states and D.C. had stable unemployment rates for the month, while 10 states saw decreases and two states saw increases, according to the latest Bureau of Labor Statistics report.

Economy Watch: Economy Creates 220K Jobs in June

Job growth in June exceeded the average of 194,000 jobs created over the past three months, according to the Bureau of Labor Statistics latest jobs report. The April and May job numbers were also revised up.

Economy Watch: Washington State Has Healthiest Economy

A recent WalletHub report ranked the 50 states based on economic health, which affects commercial property growth. Washington state took the top spot, followed by California, Utah and Massachusetts.

Economy Watch: Americans Generally Optimistic About Economy

A new Pew Research Center report reveals that nearly six in 10 Americans believe the current economic situation is good, which bodes well for commercial leasing. However, the same participants weren’t as optimistic about future prospects.