NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Seniors Housing  |  Workforce

273,000 Jobs Created in February, Providing a Solid Footing for an Economic Shock

By: Beth Mace  |  March 09, 2020

The Labor Department reported that there were 273,000 jobs added in February.  This was more than the consensus estimate of 175,000 and marked the 113th consecutive month of job gains. For all of 2019, average monthly gains were less at 178,000. For 2018, monthly gains averaged 193,000 and for 2017, monthly gains averaged 176,000.  The latter data points were revised from prior estimates.   

Economic Trends  |  Seniors Housing  |  Workforce

225,000 Jobs Created in January, Above Consensus View

By: Beth Mace  |  February 07, 2020

The Labor Department reported that there were 225,000 jobs added in January. This was more than the consensus estimate of 165,000 and marked the 112th consecutive month of job gains. For all of 2019, average monthly gains were less at 175,000. For 2018, monthly gains averaged 193,000 and for 2017, monthly gains averaged 176,000. The latter data points were revised from prior estimates.

Economic Trends  |  Seniors Housing  |  Workforce

145,000 Jobs Created in December, Below Consensus View

By: Beth Mace  |  January 10, 2020

The Labor Department reported that there were 145,000 jobs added in December. This was less than the consensus estimate of 160,000 and marked the 111th consecutive month of job gains. For all of 2019, employers added 2.11 million jobs. That was a slowdown from the increase of 2.68 million in 2018 and ranked 2019 eighth for job growth in the past 10 years.

Economic Trends  |  Seniors Housing  |  Workforce

266,000 Jobs Created in November, Above Consensus View

By: Beth Mace  |  December 06, 2019

The Labor Department reported that there were 266,000 jobs added in November.  This beat the consensus estimate of 187,000 and marked the 110th consecutive month of job gains.  The return of 41,000 striking workers to their jobs at General Motors helped boost this month’s gains. Even excluding the effect of the strike, payrolls were still up by a strong 225,000 in November.