NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Market Trends  |  Workforce

U.S. Jobs Increase by a Moderate 266,000 in April

By: Beth Burnham Mace  |  May 10, 2021

The Labor Department reported that nonfarm payrolls rose by 266,000 in April.  This was a sharp slowdown from the downwardly revised gain of 770,000 in March, originally reported as 916,000. The consensus estimates for April had been for a gain of 1,000,000. Despite the April increase, job levels remain 8.2 million below the pre-pandemic levels of February 2020.

Market Trends  |  NIC MAP Vision  |  Seniors Housing

Seniors Housing Market Fundamentals Continue to be Affected by the Pandemic: Five Key Takeaways from the  First Quarter 2021 NIC MAP Seniors Housing Data Release Webinar

By: Beth Mace  |  April 29, 2021

NIC MAP Vision clients with access to NIC MAP® Data attended a webinar in mid-April on key seniors housing data trends during the first quarter of 2021. Findings reflected the impact of COVID-19 across the seniors housing and care sector and were presented by NIC’s research team. Key takeaways included the following:

Market Trends  |  NIC MAP Vision  |  Seniors Housing

NIC MAP Vision Expands Ability to View Competition Across the Nation

By: Lana Peck  |  April 16, 2021

NIC’s recent acquisition of VisionLTC and creation of NIC MAP Vision integrates the market-leading NIC MAP® Data Service with VisionLTC’s best-in-class data for investors, owners, and operators to provide significantly deeper and broader data for industry stakeholders.

COVID-19  |  Market Trends  |  NIC MAP Vision  |  Seniors Housing

Did Seniors Housing Occupancy Declines Vary by Operator Size in 2020?

By: Beth Burnham Mace and Anne Standish  |  March 31, 2021

A lot of attention has been paid to the occupancy challenges that seniors housing operators have faced since the COVID-19 pandemic began in early 2020. This blog focuses on the impact of the pandemic on occupancy by operator size. We conclude that single-property operators generally saw smaller occupancy declines during 2020 than very large operators. New supply, as well as pandemic-related changes in the rates of move-ins and move-outs, contributed to this disparity.

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