Economic Trends | Senior Housing
By: Beth Mace | February 05, 2021
The Labor Department reported that nonfarm payrolls inched up by 49,000 in January and that the unemployment rate fell 0.4 percentage points to 6.3%. The consensus estimates for January had been for a gain of 105,000 jobs. Through January, 9.9 million jobs have been lost since February. Health care declined by 39,000 jobs in January, with losses in nursing care facilities (down 19,000), home health care services (down 13,000) and community care facilities for the elderly (down 7,000). Since February, health care employment is down by 542,000.
CCRC | NIC MAP Vision | Senior Housing | Skilled Nursing
By: Lana Peck | February 03, 2021
As the leading data provider for the seniors housing and care sector, the NIC MAP® Data Service (NIC MAP) tracks occupancy, asking rents, demand, inventory, and construction data for independent living, assisted living, memory care, nursing care, and continuing care retirement communities (CCRCs), also referred to as life plan communities. This data is collected for more than 15,000 properties across 140 metropolitan areas. NIC MAP currently tracks 1,208 not-for-profit and for-profit entrance fee and rental CCRCs in these 140 combined markets (1,137 in the 99 combined Primary and Secondary Markets).
Economic Trends | NIC MAP Vision | Senior Housing
By: NIC | February 02, 2021
It may take a while before the transaction process itself returns to normal.
COVID-19 | Executive Survey Insights | Senior Housing
By: NIC | January 29, 2021
As we enter a new year, NIC’s Executive Survey Insights is, at the time of this writing, entering it’s twenty-first ‘wave,’ the results of which will be posted right here, on February 11. The report for Wave 20 just posted here on NIC Notes this week. Looking back, it’s possible to see just how closely the survey’s results have mirrored the reality experienced by so many across the industry, and to appreciate the value of this unique tool, as leaders focus anew on navigating an uncertain future.
