Source: Rick Smith, WRAL TECHWIRE, 5/14/20

Job losses in the US have climbed above 36 million and the jobless figure is moving toward 20 percent, but CBRE, a global commercial real estates servicces provider and research firm  with significant operations in the Triangle, is forecasting a rapid return of hiring and most lost jobs being recovered by the end of 2021. CBRE cites the fact that a growing number of states are relaxing “stay at home orders” and allowing businesses to reopen. Most businesses are forecast as being allowed to reopen by the end of June.

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