Economic Trends | Market Trends | Senior Housing
By: Beth Mace | July 20, 2016
The second quarter 2016 data release marks another milestone for NIC and the NIC MAP® Data Service. With this release, we’re excited to officially launch our coverage of 41 additional metropolitan markets. The Additional Markets expand NIC MAP’s coverage from 99 to a total 140 metropolitan markets. Approximately 71% of U.S. households headed by someone age 75 and older are situated in these 140 markets.
By: Beth Mace | July 08, 2016
The Labor Department reported that nonfarm payrolls increased by 287,000 positions in June, more than the 180,000 positions consensus projection. The small increase initially reported in May’s employment report of 38,000 was revised lower to only 11,000. Hiring in the second quarter averaged 147,000 a month, down from 196,000 in the first quarter and 229,000 in 2015. Employment rose in leisure and hospitality, health care, social assistance, financial services. The return to work of Verizon strikers also boosted jobs in information services. In June, health care employment rose by 39,000.
By: Beth Mace | June 03, 2016
The Labor Department reported that nonfarm payrolls increased by only 38,000 positions in May, much less than the 160,000 positions consensus projection. Over the past 3 months, monthly job increases have averaged 116,000, down sharply from the average gain of 240,000 over the past two years. The weakness in May’s payrolls was broad-based. Employment fell in information services, temporary services, manufacturing, construction, and mining, but increased in government, leisure and hospitality, financial services, and retail. The 34,000-job loss in information largely reflected the effects of the Verizon strike, which occurred during the reporting period. Workers returned to work this week.
Economic Trends | Ideas and Discussion | Market Trends | Regulatory Environment | Senior Housing | Workforce
By: Beth Mace | May 18, 2016
By Beth Burnham Mace, Chief Economist, NIC
