Ideas and Discussion | Workforce
By: NIC | April 06, 2023
Big industry awards ceremony draws former NIC board chairs and leaders.
Business Environment | Economic Trends | Workforce
By: Beth Mace | March 10, 2023
The unemployment rate reversed course and rose to 3.6% in February from 3.4% in January, which was its lowest level since 1969. Separately, the U.S. Bureau of Labor Statistics also reported that nonfarm payrolls rose by 311,000 in February 2023, below the monthly pace of 343,000 over the prior six months, but still strong. Market expectations had called for a gain of less than 225,000 jobs. Revisions subtracted 34,000 positions to total payrolls in the previous two months.
Business Environment | Senior Housing | Skilled Nursing | Workforce
By: Ryan Brooks | March 10, 2023
“In a new question to the ESI, respondents were asked what areas have been impacted by the rising interest rate environment. Purchasing properties was the area most reported to be affected by rising interest rates, followed by the ability to recapitalize properties. Across all care segments, one in twelve operators (8%) indicate that their abilities to purchase, sell, and recapitalize properties have all been impacted by the rising interest rate environment.
Ideas and Discussion | Senior Housing | Workforce
By: NIC | February 23, 2023
Mullen and Colson Scholars Lead the Way With an assist from NIC, universities and colleges are ramping up their senior living programs helping to build a robust pipeline of new, committed industry leaders. Take, for example, Rebecca Bond. She’ll graduate this spring with a master’s degree in Management of Aging Services from the Erickson School of Aging Studies at the University of Maryland Baltimore County (UMBC).
