NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Senior Housing  |  Workforce

Industry Gathers at NIC Fall Conference: Managing Margins, Realizing Returns and Expert Insights

By: NIC  |  September 18, 2019

With record attendance, the 2019 NIC Fall Conference in Chicago last week brought together more than 3,300 participants for three days of networking, educational sessions, receptions, and high-profile speakers such as former Federal Reserve Chair Janet Yellen. Programming focused on current market trends and innovations as well as how to best address the disruptions facing the industry. Experts provided insights into effective operational strategies as well as changing capital flows and deal structures.

Economic Trends  |  Senior Housing  |  Workforce

Why “Silver Tsunami” is an Ageist Term

By: Bob Kramer  |  September 09, 2019

No one ever thinks of anything good coming from a Tsunami. A Tsunami is an unmitigated disaster of unparalleled proportions, that causes mass destruction in its wake. The phrase, “Silver Tsunami,” even as it’s used within the aging field, furthers an old and outdated view of aging; it also undercuts society’s ability to see the opportunities that arise from the incredible achievement of lengthening the average American lifespan by over 30 years just in the past century.

Economic Trends  |  Workforce

130,000 Jobs Created in August, Below Consensus View

By: Beth Mace  |  September 06, 2019

The Labor Department reported that there were 130,000 jobs added in August, below the consensus estimate of 160,000. About 25,000 of the jobs added were temporary positions associated with the 2020 census. For the eight months through August, the average monthly increase in total employment has been 158,000, below the average monthly gain of 223,000 in 2018. The private sector added 96,000 jobs in August, weaker than the monthly year-to-date pace of 145,000 and down from an average monthly gain of 215,000 in 2018.

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