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Commercial property vacancy rates can ebb and flow with the shifting economy in various cities, states, and nations. In the United States, for example, according to the Seattle Times office space was "tight" in Seattle and Bellevue in 2013. [4]
Beveridge curve of vacancy rate and unemployment rate data from the United States Bureau of Labor Statistics. A Beveridge curve, or UV curve, is a graphical representation of the relationship between unemployment and the job vacancy rate, the number of unfilled jobs expressed as a proportion of the labour force. It typically has vacancies on ...
A study that compared the effects of local rent control measures (both vacancy control and vacancy decontrol) with other local growth management measures in 490 California cities and counties (including all the largest ones) showed that rent control was stronger than individual land use restrictions (but not the aggregate effect of all growth ...
When a motel is at full occupancy, it is common practice to turn on a NO VACANCY neon sign. Completely vacant buildings can also attract crime . A 2017 study found that demolishing vacant buildings "reduce crime by about 8 percent on the block group in question and 5 percent on nearby block groups".
Beveridge curve of vacancy rate and unemployment rate data from the United States Bureau of Labor Statistics. Frictional unemployment exists because both jobs and workers are heterogeneous, and a mismatch can result between the characteristics of supply and demand. Such a mismatch can be related to skills, payment, worktime, location, attitude ...
Following the COVID-19 pandemic, between 2019 and 2023 job vacancy rates for registered nurses in hospitals rose by approximately 50%, to reach an average of 16% in 2023, with 62% of hospitals having a vacancy rate of at least 12.5%. [82] The average vacancy rate for hospitals declined to 9.9% as of 2024. [83]
San Francisco's Commercial Vacancy Tax (CVT) is a tax on keeping certain commercial spaces vacant for more than 182 days in a calendar year. It is assessed at $250-$1000 per linear foot of frontage, and was passed as Proposition D passed in March 2020, with 70% voter approval.
This is a list of countries by employment rate, the proportion of employed adults at working age. The definition of "working age" varies: Many sources, including the OECD, use 15–64 years old, [1] but EUROSTAT uses 20–64 years old, [2] the United States Bureau of Labor Statistics uses 16 years old and older (no cut-off at 65 and up), [3] and the Office for National Statistics of the United ...