NIC Notes

Insights in Seniors Housing & Care

COVID-19  |  Seniors Housing  |  Skilled Nursing  |  Skilled Nursing Tracker  |  Workforce

Surge in Skilled Nursing COVID Cases, Staffing Shortages Worsening

By: Omar Zahraoui  |  January 17, 2022

Weekly virus cases among residents and staff within skilled nursing facilities (SNFs) had been somewhat steady since the vaccine rollout in December 2020. However, the fast-spreading omicron variant has changed the narrative once again and prompted worries around worsening staffing shortages. SNFs are once again faced with rising COVID-19 cases among both residents and staff on top of a reportedly bad flu season compared with 2020.

COVID-19  |  Market Trends  |  Seniors Housing  |  Workforce

U.S. Jobless Rate Falls to 3.9% in December

By: Beth Mace  |  January 07, 2022

The Labor Department reported that the jobless rate fell 0.3 percentage point to 3.9% in December, down 2.8 percentage points from year-earlier levels. The jobless rate is now 0.4 percentage points above the pre-pandemic level of 3.5% seen in February 2020, and well below the 14.7% peak seen in April 2020.

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).

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.

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