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warehousing

Job Growth Beats Forecasts Despite Stalling Labor Market, Shrinking GDP Under Trump Job Growth Beats Forecasts Despite Stalling Labor Market, Shrinking GDP Under Trump
Job Growth Beats Forecasts Despite Stalling Labor Market, Shrinking GDP Under Trump Job growth moderately beat expectations in April, but was slightly down from the month before, as recession worries loom due to President Donald Trump's trade agenda. The US economy added 177,000 jobs in April, according to Bureau of Labor Statistics data released on Friday, May 2. The national unemployment rate held steady at 4.2%, despite initial unemployment claims jumping to 241,000 for the week ending Monday, April 26. The job gains were higher than the 133,000 forecasted by the Dow Jones, CNBC reported. April's numbers declined from March's total of 185,000, which …
Market Freefall Deepens After Trump's Sweeping Tariffs Despite Moderate Job Gains In March Market Freefall Deepens After Trump's Sweeping Tariffs Despite Moderate Job Gains In March
Market Freefall Deepens After Trump's Sweeping Tariffs Despite Moderate Job Gains In March Unemployment inched up in March – slightly higher than economists expected – as stock markets crashed and Big Tech companies saw their worst single-day loss on record in response to President Donald Trump's aggressive new tariffs. March's unemployment rate was 4.2%, the Bureau of Labor Statistics said on Friday, April 4. That was slightly higher than the 4.1% forecast as the labor force participation rate also rose, CNBC reported. The US added 228,000 nonfarm payrolls in March, significantly higher than the Dow Jones estimate of around 140,000. The BLS also reduced …
Amazon Inks Lease On Massive North Jersey 'Last Mile' Delivery Center Amazon Inks Lease On Massive North Jersey 'Last Mile' Delivery Center
Amazon Inks Lease On Massive North Jersey 'Last Mile' Delivery Center Amazon has signed a lease on a 360,000 facility being built on a North Jersey industrial site to be used as a last-mile delivery center. Lincoln Equities Group procured $115 million in industrial build-to-suit construction financing for the facility, expected to be ready in early 2022. Located at the "Highland Cross" industrial site in Rutherford, the state-of-the-art last-mile distribution center will create hundreds of jobs in teh area. Rendering of new Amazon last-mile delivery center in Rutherford.Ford & Associates The property will feature cross-docked loading, 70-plus dock hi…