Office-using employment sectors have experienced modest employment expansion over the last year, recording an annualized net gain of 2,900 jobs across the metro. Employment gains were led by the professional and business services sector, which added 4,700 jobs year-over-year.
Office-using employment sectors have experienced sustained employment expansion over the last year, recording an annualized net gain of 3,100 jobs across the metro. Employment gains were led by the professional and business services sector, which added 1,500 jobs year-over-year.
Cleveland JLL Office Employment Update January 2015Andrew Batson
Jobs growth among office-using employment sectors in Cleveland has been trending up in recent months, recording an annualized net gain of 3,800 jobs across the metro. Employment gains were led by the professional and business services sector, which added 4,800 jobs year-over-year.
Office-using employment sectors have experienced sustained, albeit modest employment expansion over the last year, recording an annualized net gain of 3,200 jobs across the metro.
The Columbus metro enjoyed strong jobs growth as of late by adding 23,000 payrolls, annually, according to the latest figures from the BLS. Total non-farm employment now sits at roughly 1 million jobs. Meanwhile, unemployment currently stands at 5.0 percent, an increase of 1.1 percent from the previous month.
Cincinnati JLL Office Employment Update February 2015cybrooks
The Cincinnati metro enjoyed strong jobs growth by recently adding 21,700 payrolls, year-over-year, bringing total non-farm employment to 1.05 million. Meanwhile, unemployment fell 20 basis points from the previous month to 4.1 percent.
JLL Cincinnati Office Employment Update February 2015Andrew Batson
The office employment sector continued its streak of strong jobs growth, posting an annual net gain of 8,800 jobs according to the latest data from the BLS – its highest gain since November 2013
Office-using employment sectors have experienced sustained, albeit modest employment expansion over the last year, recording an annualized net gain of 1,800 jobs across the metro.
Office-using employment sectors have experienced sustained employment expansion over the last year, recording an annualized net gain of 3,100 jobs across the metro. Employment gains were led by the professional and business services sector, which added 1,500 jobs year-over-year.
Cleveland JLL Office Employment Update January 2015Andrew Batson
Jobs growth among office-using employment sectors in Cleveland has been trending up in recent months, recording an annualized net gain of 3,800 jobs across the metro. Employment gains were led by the professional and business services sector, which added 4,800 jobs year-over-year.
Office-using employment sectors have experienced sustained, albeit modest employment expansion over the last year, recording an annualized net gain of 3,200 jobs across the metro.
The Columbus metro enjoyed strong jobs growth as of late by adding 23,000 payrolls, annually, according to the latest figures from the BLS. Total non-farm employment now sits at roughly 1 million jobs. Meanwhile, unemployment currently stands at 5.0 percent, an increase of 1.1 percent from the previous month.
Cincinnati JLL Office Employment Update February 2015cybrooks
The Cincinnati metro enjoyed strong jobs growth by recently adding 21,700 payrolls, year-over-year, bringing total non-farm employment to 1.05 million. Meanwhile, unemployment fell 20 basis points from the previous month to 4.1 percent.
JLL Cincinnati Office Employment Update February 2015Andrew Batson
The office employment sector continued its streak of strong jobs growth, posting an annual net gain of 8,800 jobs according to the latest data from the BLS – its highest gain since November 2013
Office-using employment sectors have experienced sustained, albeit modest employment expansion over the last year, recording an annualized net gain of 1,800 jobs across the metro.
Office-using employment sectors have experienced substantial employment expansion over the last year, recording an annualized net gain of 12,500 jobs across the metro.
Office-using employment in the Twin Cities increased by nearly 7,000 jobs month-over-month and by more than 12,000 jobs year-over-year in the most recent data from BLS.
The St. Lawrence Corridor Economic Development Commission Annual Report 2020 highlights our regional economic development strategy, progress and activities. Its purpose is to communicate and share our efforts and mandate with the respective member municipal councils and the broader community. Completing the report puts this tumultuous year in perspective and clarifies the importance of our renewed strategy and focus on creating jobs and regional prosperity. It also testifies to our resilience as a community. I am certainly grateful for the time, energy and commitment to our commission's Board of Directors.
BLS & Co. helps some of the world’s largest corporations identify the best locations, negotiate incentives, secure development approvals and optimize energy strategies.
BLS & Co. Managing Director, Andy Shapiro heads the firm's location advisory practice from its San Francisco Bay Area office, helping clients translate their business objectives and strategic vision into rational, balanced location decisions.
Check out this presentation that Andy Shapiro recently gave to CoreNet Global on location decision trends.
Industrial employment sectors have experienced substantial employment expansion over the last year, recording an annualized net gain of 32,200 jobs across the metro.
Sheffield: top for tech
Sheffield has changed almost beyond recognition in the past three decades. If the city is to continue its reinvention the digital and creative sectors will be at the heart of it
Hiring Trends 2011 and How to Create Demand for your TalentLynn Hazan
It’s 2011 and companies are hiring. Find out what’s hot and where the needs are. In this presentation, executive recruiter Lynn Hazan, focuses on careers in marketing and communications. She also discusses the new models of hiring, demographic shifts and the impact of technology.
You will be surprised to learn that there is a shortage of talent in certain sectors. Discover how you can position yourself, create demand for your talent and become the candidate of choice. Learn how to use social media tools, including Linkedin, Twitter, SlideShare, and e-zine, to be seen as a subject matter expert.
Vortrag von Dr. Alexander Dill (Basel Institute of Commons and Economics) zum Thema "Sozialkapital" beim Zürich Behavioral Economics Network (#ZBEN) am 7. Dezember 2015 (Behavioral Economics & Weihnachten - Wie entsteht "soziales Kapital"?)
Office-using employment sectors have experienced substantial employment expansion over the last year, recording an annualized net gain of 12,500 jobs across the metro.
Office-using employment in the Twin Cities increased by nearly 7,000 jobs month-over-month and by more than 12,000 jobs year-over-year in the most recent data from BLS.
The St. Lawrence Corridor Economic Development Commission Annual Report 2020 highlights our regional economic development strategy, progress and activities. Its purpose is to communicate and share our efforts and mandate with the respective member municipal councils and the broader community. Completing the report puts this tumultuous year in perspective and clarifies the importance of our renewed strategy and focus on creating jobs and regional prosperity. It also testifies to our resilience as a community. I am certainly grateful for the time, energy and commitment to our commission's Board of Directors.
BLS & Co. helps some of the world’s largest corporations identify the best locations, negotiate incentives, secure development approvals and optimize energy strategies.
BLS & Co. Managing Director, Andy Shapiro heads the firm's location advisory practice from its San Francisco Bay Area office, helping clients translate their business objectives and strategic vision into rational, balanced location decisions.
Check out this presentation that Andy Shapiro recently gave to CoreNet Global on location decision trends.
Industrial employment sectors have experienced substantial employment expansion over the last year, recording an annualized net gain of 32,200 jobs across the metro.
Sheffield: top for tech
Sheffield has changed almost beyond recognition in the past three decades. If the city is to continue its reinvention the digital and creative sectors will be at the heart of it
Hiring Trends 2011 and How to Create Demand for your TalentLynn Hazan
It’s 2011 and companies are hiring. Find out what’s hot and where the needs are. In this presentation, executive recruiter Lynn Hazan, focuses on careers in marketing and communications. She also discusses the new models of hiring, demographic shifts and the impact of technology.
You will be surprised to learn that there is a shortage of talent in certain sectors. Discover how you can position yourself, create demand for your talent and become the candidate of choice. Learn how to use social media tools, including Linkedin, Twitter, SlideShare, and e-zine, to be seen as a subject matter expert.
Vortrag von Dr. Alexander Dill (Basel Institute of Commons and Economics) zum Thema "Sozialkapital" beim Zürich Behavioral Economics Network (#ZBEN) am 7. Dezember 2015 (Behavioral Economics & Weihnachten - Wie entsteht "soziales Kapital"?)
Cincinnati JLL Office Employment Update February 2015cybrooks
The Cincinnati metro enjoyed strong jobs growth by recently adding 21,700 payrolls, year-over-year, bringing total non-farm employment to 1.05 million. Meanwhile, unemployment fell 20 basis points from the previous month to 4.1 percent.
Cincinnati JLL Office Employment Update February 2015cybrooks
The Cincinnati metro enjoyed strong jobs growth by recently adding 21,700 payrolls, year-over-year, bringing total non-farm employment to 1.05 million. Meanwhile, unemployment fell 20 basis points from the previous month to 4.1 percent.
Office employment sectors contracted over the last year, recording an annualized net loss of 600 jobs. Professional and business services was the only office-using supersector to post employment gains, adding 2,200 jobs, year-over-year
JLL Columbus Office Employment Update May 2015Andrew Batson
Office employment sectors contracted over the last year, recording an annualized net loss of 600 jobs. Professional and business services was the only office-using supersector to post employment gains, adding 2,200 jobs year-over-year
The Columbus metro continued its steady expansion by recently adding 15,200 payrolls, year-over-year, bringing total non-farm employment to 1.02 million. Meanwhile, unemployment fell 60 basis points year-over-year to 3.8 percent.
Jobs growth among industrial employment sectors in Cleveland has been trending up in recent months, recording an annualized net gain of 5,700 jobs across the metro. Employment gains were led by the mining, logging and construction sector, which added 5,900 jobs year-over-year.
Jobs growth among industrial employment sectors in Cleveland has been trending up in recent months, recording an annualized net gain of 5,700 jobs across the metro.
Cleveland’s Industrial employment sectors have added of 9,000 jobs year-over-...Andrew Batson
Employment gains were led by the mining, logging and construction sector, which added 7,800 jobs year-over-year. Other services was the only sector to experience a decline in employment, recording an annualized loss of 1,800 jobs.
The Columbus metro added 8,300 payrolls, annually, according to the latest figures from the BLS. Total non-farm employment now sits at roughly one million jobs. Meanwhile, unemployment remains virtually unchanged from the previous month at 3.7 percent.
Cleveland JLL Industrial Employment Update April 2015Andrew Batson
Industrial employment sectors contracted slightly over the last year, recording an annualized net loss of 600 jobs across the metro. The largest job losses occurred in the trade, transportation and utilities sector, where total employment declined by 2,300 jobs year-over-year.
Cleveland JLL Industrial Employment Update April 2015Andrew Batson
Industrial employment sectors contracted slightly over the last year, recording an annualized net loss of 600 jobs across the metro. The largest job losses occurred in the trade, transportation and utilities sector, where total employment declined by 2,300 jobs year-over-year.
Industrial employment sectors contracted slightly over the last year, recording an annualized net loss of 600 jobs across the metro. The largest job losses occurred in the trade, transportation and utilities sector, where total employment declined by 2,300 jobs year-over-year.
JLL Columbus Office Employment Update February 2015Andrew Batson
The Columbus metro saw modest job growth according to the latest figures from the BLS, adding 8,300 payrolls, annually. Meanwhile, unemployment remains virtually unchanged from the previous month at 3.7 percent, one of the lowest in the U.S.
The Cincinnati metro enjoyed strong jobs growth by recently adding 21,700 payrolls, year-over-year. Total non-farm employment now sits at 1.05 million. Meanwhile, unemployment fell 20 basis points from the previous month to 4.1 percent.
Capital markets activity surged in the fourth quarter with a number of transactions involving out of town investors, including the $26.5 million sale of Northeast Ohio's largest suburban office park.
Similar to JLL Cleveland Office Employment Update February 2015 (20)
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Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
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Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
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Avrupa Konutlari Yenimahalle - Listing TurkeyListing Turkey
Welcome to Avrupa Konutları Yenimahalle, where luxury living meets unparalleled convenience in the heart of Istanbul. Developed by Artaş Holding, one of Turkey’s leading construction companies, this prestigious residential project offers a contemporary lifestyle experience like no other.
https://listingturkey.com/property/avrupa-konutlari-yenimahalle/
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
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Load-bearing walls are the backbone of any home construction, providing crucial structural support that carries the weight of the house above. For companies like Brick and Bolt Mysore and Bricknbolt Faridabad, understanding and properly implementing these elements are key to constructing safe and durable buildings.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
One20 North Vancouver Floor Plans by Three Shores Development.
JLL Cleveland Office Employment Update February 2015
1. Office real estate implications
Sources: JLL Research, Bureau of Labor Statistics
Job growth/loss by sector (12-month change)
Cleveland
-1,400
-900
-500
-400
600
700
800
3,100
4,700
5,700
-3,000 -1,000 1,000 3,000 5,000 7,000
Trade, Transportation & Utilities
Financial Activities
Information
Government
Other Services
Educational & Health Services
Manufacturing
Mining, Logging & Construction
Professional & Business Services
Leisure & Hospitality
Number of Jobs
Rightsizing is top of mind for many of Cleveland’s office tenants. A move
towards open floor plans with numerous breakout rooms and collaboration
spaces is also a prevailing trend. As such, the market is seeing more
relocations than renewals. And landlords are providing competitive
improvement allowances for tenants to outfit their new space. Built-to-suit
activity is also on the rise. Companies such as Eaton, American Greetings and
Omnova have all gone this route. In this case, occupiers are able to start with
a blank canvas and create an environment tailored to their individual corporate
culture.
Tenants are demanding newer office product. Many are finding it difficult to
outfit aging offices with modern technology infrastructure and many older
offices do not sync with the sustainability initiatives of today’s corporates.
While tenants will pay a premium for new product, the benefits of large floor
plates, energy efficient offices and modern technology infrastructure outweigh
the rent premium in the eyes of most corporate occupiers.
Total jobs vs. unemployment rate
Cleveland
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
850,000
900,000
950,000
1,000,000
1,050,000
1,100,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Peak: 1,083,529 jobs
3.3%
unemployment rate
total jobs
-15.0
-10.0
-5.0
0.0
5.0
10.0
15.0
2010
2011
2012
2013
2014
Financial Activities Professional & Business Services Information Government
Office employment trends (12-month change)
Cleveland
Office employment update
Metro Cleveland . February 2015
6.0%Cleveland unemployment
1.2%Cleveland 12-month job growth
5.7%U.S. unemployment
2.3%U.S. 12-month job growth
• According to the most recent estimates from the BLS, total non-farm
employment in Cleveland stood at ~1.0 million payrolls, representing
an annualized increase of 12,400 jobs or 1.2 percent. Meanwhile,
unemployment decreased 100 basis points year-over-year to 6.0
percent.
• Office-using employment sectors have experienced modest
employment expansion over the last year, recording an annualized net
gain of 2,900 jobs across the metro. Employment gains were led by the
professional and business services sector, which added 4,700 jobs
year-over-year.
• Total U.S. nonfarm employment increased by 257,000 jobs in January,
and upward revisions were made to prior months totaling 147,000 jobs.
Gains in January were led by retailers, construction firms and health-
care companies.
• Meanwhile, the U.S. unemployment rate decreased 90 basis points
from the prior year to 5.7 percent, the fifth month in a row below 6.0
percent. Labor force participation ticked up slightly to 62.9 percent but
remains at its lowest level since 1978.