Not exact matches
The claim surprised me because 2 million new jobs, on top of current
projected job growth, would likely drive the unemployment rate below 3 percent — a
level not seen in a half century and would be inconsistent with the claims of BRT Chairman Jamie Dimon that businesses can't now fill all their job
vacancies.
We then calculate what the ratio would be if Amazon added 50,000 Amazon workers and 62,500 supplementary workers over a ten year period, as Amazon's RFP
projects, and if the city's housing supply grew 20 percent faster than it did in the earlier period.1 We adjusted the 20 percent figure up or down to reflect differences in metros»
level of difficulty in producing new housing, and we assumed that
vacancy rates would drop to between 3 and 5 percent of the city's housing stock.
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Though it
projects a slight rise in
vacancies, it says
levels will remain among the lowest in the nation.
«The
projected imbalance between net absorption and completions will increase the upward pressure on retail
vacancy rates, as well as on concession
levels for new and renewing tenants,» Chandan says.
Canada's office market is well positioned going into the
projected recession, thanks to its strong performance during recent years that drove
vacancy rates down to historically low
levels and continued to drive rents higher through 2008, says an analysis by Colliers International.