NIC Notes

Insights in Seniors Housing & Care

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.

COVID-19  |  Ideas and Discussion  |  Seniors Housing  |  Skilled Nursing  |  Workforce

COVID-19 Discussions with Senior Housing and Care Operators

By: Ryan Brooks  |  October 26, 2021

In March and April of 2021, researchers from the National Investment Center for Seniors Housing and Care (NIC) and the nonpartisan and objective research organization, NORC at the University of Chicago (NORC). spoke with a dozen senior housing and care operators about their experiences, challenges, and successes throughout the COVID-19 public health emergency during 2020. Discussion topics included workflow changes implemented in response to various state and federal requirements, testing strategies employed, PPE access, challenges with dementia care residents, interventions to address loneliness and social isolation, and efforts to vaccinate residents and staff.

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