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Labor Market Nears 2024’s End in Solid Position, Aiding Commercial Real Estate

  • November added 227K new jobs, rebounding from October's dip.

  • Office sector shows promise: hiring trends and vacancy rates stabilize post-pandemic.

  • Consumer-driven sectors like education and health services added 112K jobs, boosting housing demand.

  • Fed rate cut likely, with inflation holding at 2.8%.

  • The economy ends 2024 strong, with over 2M jobs created and 2.7% GDP growth








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