Retail real estate by

1. Stimulating more shopping and spending.
2. Reducing vacancy.
3. Reducing concessions, and tenant improvement costs.
4. Increasing percentage rents.
5. Reducing marketing costs.

The combined result of these factors is a stronger real estate market with increasing values. Therefore, successful real estate in today’s marketplace needs a successful labor base.

The problems of real estate are comparable to those of the country. Many problems exist within our country, and within the real estate industry, but the most important issue that affects real estate is jobs (in the real estate’s area). The importance is underscored by the fact that most other problems can be solved once the problem of jobs is dealt with.

What is the current state of employment in our country? A statistical history (1958-2007) for the past fifty years of the civilian labor force in the United States follows:

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