SACRAMENTO — The U.S. workplace market, with rising vacancies and rates of interest, is predicted to plunge by one other 20 % in worth subsequent yr and the declining pattern might proceed into the 2040s, in keeping with a London-based analysis agency.
“Persistent weak growth and elevated (albeit soon-to-be falling) interest rates continue to spell trouble for real estate values,” mentioned Capital Economics, an impartial financial analysis agency, in an evaluation on Friday. (US-Office Market)
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WASHINGTON — The variety of homeless folks within the United States has elevated by 12 % to a file excessive, confirmed a authorities report on Friday.
About 653,000 folks have been homeless throughout the nation in January, in keeping with a head depend carried out for the U.S. Department of Housing and Urban Development. That represents 70,650 greater than a yr earlier and the very best quantity for the reason that survey started in 2007.
African Americans account for 13 % of the U.S. inhabitants however make up 37 % of the overall homelessness, the report mentioned. (US-Homeless People)
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TOKYO — A complete of 77.2 % of highschool college students in Japan who’re scheduled to graduate subsequent spring have obtained job affords by the top of October, a current survey has discovered.
The Japanese training ministry survey confirmed Friday that the determine was up 1.1 share factors from a yr earlier. (Japan-Job Offers)
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ROME — Italy registered a commerce surplus of 24.9 billion euros (27.1 billion U.S. {dollars}) within the first 10 months of this yr, in sharp distinction to a commerce deficit a yr earlier, the National Institute of Statistics (ISTAT) mentioned Friday.
In the ten-month interval, exports grew by 1.2 % yr on yr, with exports to China leaping by 22.3 %. Meanwhile, imports decreased by 9.9 %. (Italy-Trade Surplus)