This is a narration of our weekly Rent and Operating Trends Report.
The U.S. economy continues its steady march forward, as most key indicators have maintained their recent trends. August job growth was strong once again, as the labor force added 187,000 new jobs. The unemployment rate increased to 3.8%, but some of the increase in unemployment can be attributed to the continuous growth in labor force participation. While the labor force is not yet back to its pre-COVID levels, participation is expanding modestly and steadily. With such tight labor conditions and new jobs being formed each month...
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