The employment report is relevant to the office market and employment statistics are often found included in office market reports. As a rule of thumb, office workers require 250 square feet of office space per person. If the employment report predicts a net increase of 10,000 jobs, how much office space demand should that translate into?

		250 K Square Feet
		25 K SF
		2.5 Million SF
		None

Sticking with Question 1, assume the office market contains 100 M SF of inventory and it has a vacancy rate of 10%. Assume that 100% of the new jobs are fully absorbed into the office market and there is no new supply. What will be the office market's new vacancy rate post the creation of new jobs?

		10%
		7.5%
		5.0%
		No change