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Flexible Office Demand Up 13%, New Report Shows

Allwork

State of the Flexible Workspace Market Report. State of the Flexible Workspace Market Report identified pockets of opportunity for flex space in markets such as Miami and Boston, where supply is growing slower than demand. In many markets, desk rates remain below 2023 levels when comparing the same time periods.

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IWG Reports Robust Q3 With Expanded Global Footprint And Higher Profit Margins

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Rapid Expansion : The company reported a significant 52% increase in net center openings, with 100 new centers launched in Q3 alone compared to 66 during the same period last year. IWG reported 15,000 new rooms opened during Q3, contributing to a total of 169,000 rooms in operation and a pipeline of 173,000 rooms.

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Wages Rise and Job Growth Outpaces Expectations in Latest Labor Report

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In addition to the better-than expected increase in nonfarm payrolls reported by the Labor Department on Friday, wages rose at a solid pace last month. The closely watched employment report also showed the economy added 72,000 more jobs in July and August than previously estimated. The odds of a 50-basis-point cut were slashed to 9.0%

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Workspace Group Reports Occupancy Drop, Customer Turnover

Allwork

Workspace Group PLC reported a decline in like-for-like occupancy for the second quarter, attributing the drop to an increased rate of customer turnover. The post Workspace Group Reports Occupancy Drop, Customer Turnover appeared first on Allwork.Space. For the quarter ending Sept. Shares of Workspace Group fell 0.2%

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Mixed Jobs Report Leaves Fall Labor Market Strength In Question

Allwork

The other noteworthy aspect of the report was that average hourly earnings rose by 0.4% Bloomberg reports that much of the job growth was concentrated in the private-sector services including leisure, education, and health services. in August — surpassing the estimated 0.3% increase and marking a year-over-year rise of 3.8%.

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World Robotics Report

Allwork

The new World Robotics report shows an all-time high of 517,385 new industrial robots installed in 2021 in factories around the world. The post World Robotics Report appeared first on Allwork.Space.

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IWG Reports Record Growth, Tops $2 Billion in Revenue This Year

Allwork

Capitalizing on last year’s success , IWG has once again reported record revenue figures, this time for the first half of 2024. The firm, a leading specialist in flexible work solutions, announced revenue of $2.1 standards — including a company transition to dollar reporting and it’s considering the adoption of U.S.

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