Goldilocks-Labor-Market-Weekly-Update-7-6-15 - Cushman & Wakefield

Goldilocks Labor Market? Weekly Update 7-6-15

Ken McCarthy

Kenneth McCarthy

Senior Managing Director

Research/Leasing Management

Phone +1 212 698-2502

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U.S. payroll employment rose by 223,000 jobs in June with strong job growth in office-using, retail and trade and transportation suggesting rising demand for commercial real estate.

However, earnings did not increase in the month and the annual rate of growth remains lackluster.

markets are not quite in the “goldilocks zone” but getting close.