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US Jobs Post Smallest Gain in Six Months as Unemployment Rises

US Jobs Post Smallest Gain in Six Months as Unemployment Rises

By Augusta Saraiva US employers scaled back hiring in April and the unemployment rate unexpectedly rose, suggesting some cooling is underway in the labor market after a strong start to the year. Nonfarm payrolls advanced 175,000 last month, the smallest gain in six months, a Bureau of Labor Statistics report showed Friday. A later release showed that business activity […]

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Demand for Industrial Space Is Slowing Down. But It’s Still a Landlord’s Market.

Demand for Industrial Space Is Slowing Down. But It’s Still a Landlord’s Market.

As U.S., like the rest of the world, continues to grapple with stubborn inflation (at 8.2 percent in September), there are worries that consumer spending is going to falter and impact industrial owners’ ability to raise rents. Industry insiders, however, say such fears are over-stated. At the moment, industrial real estate fundamentals remain strong and […]

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