Job Numbers

Cushman & Wakefield’s recent research report on U.S Employment  provides some reassurance that the U.S. expansion remains on solid ground. In a week dominated by financial market volatility, the news that U.S. non-farm payroll employment surged by 292,000 jobs in December thus making 2015 the strongest year of job creation in 16 years provides a modicum of relief. Job growth figures for both October and November 2015 were revised upwards by a total of 50,000 jobs. As a result, the fourth quarter was in fact the strongest stretch of job creation for all of 2015, indicating that the U.S. economy and property markets are not only in solid shape, but they actually gained momentum heading into 2016.

Read the full report here: CWEmploymentTracker_January2016