Labor market reports released after the government shutdown present a mixed picture for the Federal Reserve's interest rate decision on December 10. On a positive note, the Bureau of Labor Statistics reported 119,000 new jobs were added in September on a seasonally adjusted basis, more than double what many economists expected, but there was a downward revision of 33,000 jobs combined for July and August. The unemployment rate was 4.4% in September. It remained low by historical standards, bu...
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Labor market reports released after the government shutdown present a mixed picture for the Federal Reserve's interest rate decision on December 10. On a positive note, the Bureau of Labor Statistics reported 119,000 new jobs were added in September on a seasonally adjusted basis, more than double what many economists expected, but there was a downward revision of 33,000 jobs combined for July and August. The unemployment rate was 4.4% in September. It remained low by historical standards, bu...
Multifamily operational performance remained in line with recent weeks. Annual effective rents were up 0.8%, but practically all of the gain occurred at the beginning of the year. Also in this week's report, key economic headlines related to inflation, mortgage rates, and layoffs. Listen to this week's report for more! Explore our webpage for more insights and resources: https://bit.ly/Radix_Website
The Radix Review: Multifamily Trends Explained
Labor market reports released after the government shutdown present a mixed picture for the Federal Reserve's interest rate decision on December 10. On a positive note, the Bureau of Labor Statistics reported 119,000 new jobs were added in September on a seasonally adjusted basis, more than double what many economists expected, but there was a downward revision of 33,000 jobs combined for July and August. The unemployment rate was 4.4% in September. It remained low by historical standards, bu...
