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Digging into the Labor Outlook and What it Means for CRE

Headlines announcing the Bureau of Labor Statistics’ employment numbers tend to forget one thing: Those numbers are preliminary, only. For example, April and May saw a large hiring surge, which came t

Summary

Headlines announcing the Bureau of Labor Statistics’ employment numbers tend to forget one thing: Those numbers are preliminary, only.

For example, April and May saw a large hiring surge, which came to a crashing halt in June, with preliminary numbers showing the addition of 57,000 jobs.

Meanwhile, the much-vaunted April and May figures were revised...

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