Tag Archives: Government

Office employment update | August 2016

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Between July 2015 and July 2016, total nonfarm employment in Los Angeles County increased by 75,900 jobs, or 1.8 percent.

HealtOfficeEmployment_July2016h care and social assistance expanded payrolls by 21,800 and helped drive up employment in educational and
health services (up 30,800) for the largest year-over increase.

Professional and business services added 15,300 jobs.… Read More

JLL’s Joe Brennan interviewed on GlobeSt.com on expiring GSA leases and their new AAAP program

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2014-Joseph-BrennanJLL’s Joe Brennan, Managing Director of the firm’s national Government Investor Services (GIS) practice headquartered in Washington, DC was interviewed on GlobeSt.com in the article ‘Expiring GSA Leases Sparks New Program.’

Joe Brennan shared his thoughts on the GSA launching the AAAP program to address their numerous lease expirations. He discussed the Los Angeles market, how the AAAP will help landlords,… Read More

Shutdown and sequestration: assessing the risks and realities of political gridlock on the office market

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2013-Research-Sequestration-and-Shutdown-Overview---October-2013-

How serious of a problem is sequestration? It depends whom you ask…

What is the impact of the government shutdown on commercial real estate?

A temporary government shutdown will have minimal immediate impact on the commercial office market; essential functions will not be disrupted and the government will continue to fund its financial obligations (e.g. rent payments.)

A… Read More

LA research employment update reveals nonfarm job growth including leisure and hospitality

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2013-Research-LA-Employment-update-September

Please note that all charts and graphs reflect the most up-to-date data from the Los Angeles Employment Development Department.

Click here for more market insight on our Los Angeles research group web page: Los Angeles – Research

Tweet this: @JLLNews Research says #LA‘s August #employment update & #economic overview reveals #nonfarm #job #growth including… Read More

LA research employment update reveals 1.6% job growth

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2013-Research-LA-Employment-update-July

Please note that all charts and graphs reflect the most up-to-date data from the Los Angeles Employment Development Department.

Click here for more market insight on our Los Angeles research group web page: Los Angeles – Research

Tweet this: @JLLNews Research says #LA‘s July #employment update & #economic overview reveals 1.6 percent 12-month #job #growth

LA research employment update reveals government posted the largest over the year contraction, losing 9,300 jobs

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2013-Research-LA-Employment-update-June

Please note that all charts and graphs reflect the most up-to-date data from the Los Angeles Employment Development Department.

Click here for more market insight on our Los Angeles research group web page: Los Angeles – Research

Tweet this: @JLLNews #research says #government posted the largest over the year #contraction, losing 9,300 #jobs in June

With over six-million s.f. of office space leased in LA by various government agencies, Sequestration could adversely impact the LA office market

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Click here for more market insight on our Los Angeles research group web page: Los Angeles – Research

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Los Angeles Property Forecast 2013

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Los Angeles represents one of the world’s largest economies ranking 21st globally in terms of GDP. The metro lagged the state and the nation in recovery from the Great Recession over the past two years, but it finally gathered  momentum in 2012. A much more vibrant economy is predicted to emerge in 2013.

Click here to visit our Los Angeles Forecast 2013 property portal that includes an Industry overview and forecasted highlights of Office, Industrial, Multifamily, Hotels and Retail. Highlighted on… Read More