Employment growth in the three-months to February was heavily influenced by the rate of virus cases and consequent restrictions in place. And office-based jobs growth is still strongest in mid-sized tech-led cities. While we expect the latter to persist, total employment growth will be driven by the relaxation of restrictions as the year progresses, with leisure and hospitality sector jobs benefitting most. Drop-In Invite: On Thursday, Senior Property Economist Kiran Raichura will be talking to Matt Pointon, who heads our US housing coverage, about our latest forecasts for the US apartment sector. Register here for the 20 minute Drop-In session to find out how strong the recovery will be, the degree to which working from home will affect demand, and which city markets are best placed to recover.
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