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Quality Job Outlook Falls in Shaky Gallup Economic Confidence Index

Allwork

Despite the Bureau of Labor Statistics reporting an increase in employment by 303,000 in March, the decline in job market optimism is the lowest since it was 43% in April 2021. The post Quality Job Outlook Falls in Shaky Gallup Economic Confidence Index appeared first on Allwork.Space.

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Jonathan Price Financial Expert | What Happened to WeWork?

Allwork

Guest Episode Video Transcript Jonathan Price Financial Expert Jonathan Price is an experienced commentator and authority in the coworking sector, having advised on its financing and valuation for over two decades. Jonathan Price [00:01:31] It’s very kind of you, Jo. Wonderful intro.

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IWG Bets on Arizona’s Growing Appetite for Coworking, With 15 New Spaces

Allwork

The International Workplace Group (IWG) is setting its sights on Arizona, with a substantial expansion plan. According to a report published by The Real Deal , the coworking provider announced the launch of 15 new coworking spaces across Arizona. Other key additions include sizable spaces in Mesa and Casa Grande, AZ.

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WeWork Shareholders Approve Reverse Stock Split: A Turning Point for the Company?

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The company is facing a potential delisting from the New York Stock Exchange, and has faced numerous challenges this year, including the resignation of CEO Sandeep Mathrani , and CFO Andre Fernandez. The reverse stock split aims to stabilize WeWork’s share price and improve investor confidence.

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WeWork’s Shares Experience Severe 13% Decline

Allwork

What’s going on: Coworking space provider WeWork experienced a severe decline in its share price this week, plummeting by 13% on Tuesday, according to The Motley Fool. million shares. The Motley Fool reports that the firm that holds the largest position, Teton Capital Partners, is planning to sell 32 million shares.

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With Inflation Down, Hope Rises For Pause In Interest Rate Hikes

Allwork

What’s going on: The inflation rate in the United States has cooled down to its lowest annual rate in about two years, with the consumer price index (CPI) increasing by just 0.1% The report also reveals that core inflation, which excludes food and energy prices, rose by 0.4% on the month, and was up 5.3%

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It’s Time To Rethink Office Valuation Models

Allwork

occupancy rates are at the highest ever level, with overall occupancy at 83% and nearly half (42%) of spaces reporting 90% occupancy. This model enabled valuers to understand long-term cashflow and price property accordingly. Fluctuating occupancy in the hotel industry is well-understood and assets are priced accordingly.