In the latest edition of Fundamentally Speaking, Calvin Schnure, NAREIT’s vice president for research and industry information, reviewed the September jobs report and what it says about broader economic trends.
Non-farm payrolls rose by 248,000 in September, according to the Bureau of Labor Statistics. “That’s a solid number just by itself,” Schnure said, adding that prior months were also revised upward. “The weakness in late summer was not quite as pronounced as we thought before.”
