NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  Skilled Nursing

Skilled Nursing Occupancy Decline Accelerates in April

By: Bill Kauffman  |  July 07, 2020

Today, NIC released monthly data from the NIC Skilled Nursing Data Initiative which incorporates key takeaways of market trends through April 2020. Going forward, NIC will continue to release updated data and insights on a monthly basis in response to rapid market changes caused by the COVID-19 pandemic and its impact on the skilled nursing industry. The following summarizes the monthly release with data from January 2012 through April 2020:

Economic Trends  |  Seniors Housing  |  Workforce

Jobless Rate Slips Back to 11.1% in June, but Still Remains High

By: Beth Mace  |  July 02, 2020

The Labor Department reported that nonfarm payrolls rose by 4.8 million in June and that the unemployment rate fell to 11.1%. This is decidedly good news and suggests that the employment recovery from the precipitous COVID-related drop in March and April continues to reverse course. Combined, 7.5 million jobs were generated in May and June, recouping some of the 22.2 million jobs lost in March and April. Said another way, the June level of payrolls was 14.7 million below February’s.

Seniors Housing

Silver Linings in a Crisis

By: NIC  |  July 01, 2020

No dining room service. Family visits on Zoom. Routine caregiver tasks transformed into something out of a science fiction movie.

COVID-19  |  Executive Survey Insights  |  Seniors Housing  |  Skilled Nursing

Executive Survey Insights:  COVID-19 | Wave 1, Weeks Ending June 21, 2020

By: Ryan Brooks  |  June 26, 2020

A NIC report to provide insight into COVID-19 among current residents and to more clearly understand existing conditions by care setting.