The Labor Department reported that there were 224,000 jobs added in June, above the consensus estimate of 160,000. The June increase in jobs marked the 105th consecutive month of job growth. The latest six-month average increase is 172,000, less than last year’s 223,000 monthly average. Nevertheless, the pace of job gains is strong and generally stronger than the levels that have usually prompted the Federal Reserve to cut interest rates in the past. This suggests that the Fed will not be cutting rates immediately despite other concerns about a slowing economy or trade-related threats to the economy. In recent months, the Fed’s has indicated that it is paying close attention to the risks of an economic slowdown.
Part III—Operators Highlight Successful Approaches As new research shows that the number of middle-income seniors is growing quickly, forward-looking seniors housing providers are already experimenting with new and more affordable models of housing and care. Innovative ideas include smaller building footprints, private-public partnerships, and efficient designs and staffing models.
First year-over-year occupancy increase since January 2015 Managed Medicare revenue mix reaches time-series high of 12.1%, higher in urban areas NIC released its first quarter 2019 Skilled Nursing Data Report last week, which includes key monthly data points from January 2012 through March 2019.