NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Workforce

Disappointing Gain in November Employment Report: Jobs Up by 210,000

By: Beth Mace  |  December 03, 2021

The Labor Department reported that nonfarm payrolls rose by 210,000 in November 2021. The consensus had been for an increase of 550,000. This was a sharp slowdown from October when jobs increased by 546,000 (originally reported as 531,000) and from September when jobs grew by an upwardly revised 379,000 (originally reported as 312,000).

Business Environment  |  Economic Trends  |  Market Trends  |  Seniors Housing

Senior Housing Delinquencies Decline in 2Q2021, and Other Lending Trends

By: Anne Standish  |  November 12, 2021

NIC Analytics recently released the 2Q2021 NIC Lending Trends report, a free report available now.  The quarterly report tracks over $86.9 billion in senior housing and nursing care loans including construction loans, mini-perm/bridge loans, and permanent loans from the third quarter of 2016 through the second quarter of 2021. The NIC Lending Trends Report helps to deliver on NIC’s mission to enable access and choice by further enhancing transparency of capital market trends in the senior housing and care sector.   Below are a few  key takeaways from the NIC Lending Trends Report for second quarter 2021. Access the full report on nic.org.  

Economic Trends  |  Workforce

Stronger Employment Report : October Jobs Up By 531,000

By: Beth Mace  |  November 05, 2021

The Labor Department reported that nonfarm payrolls rose by 531,000 in October 2021. The consensus had been for an increase of 312,000. This was an acceleration from September when jobs grew by an upwardly revised 312,000 (originally reported as 194,000) and from August when jobs increased by 483,000, up from 366,000 as originally reported.

Economic Trends  |  Market Trends  |  Seniors Housing

Social Security Benefits to Increase Significantly in 2022

By: Ryan Brooks  |  October 19, 2021

The Social Security Administration announced they will raise Social Security and Supplemental Security Income (SSI) benefits by 5.9% for approximately 70 million Americans – 64 million Social Security beneficiaries and 8 million SSI recipients. This adjustment is set to take effect with benefits that Social Security beneficiaries receive beginning in January 2022.

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