Ideas and Discussion | NIC Leadership Huddle | Workforce
By: NIC | July 15, 2022
The senior housing and care sector is constantly evolving, but fresh industry, economic, and societal pressures force owners and operators to be nimbler than ever to thrive. On July 13, NIC hosted its final Leadership Huddle of 2022 – Chris Taylor, managing director of Capital One Healthcare Real Estate led the conversation between senior living experts Cindy Baier, CEO of Brookdale Living, and Kimberly Lody, CEO of Sonida Senior Living, to explore how leaders can navigate change and utilize it to improve their organizations.
Economic Trends | Senior Housing | Workforce
By: Beth Mace | July 08, 2022
The U.S. Bureau of Labor Statistics reported that nonfarm payrolls rose by 372,000 in June 2022 and the unemployment rate held steady at 3.6%. The June increase was in line with the average monthly gain over the prior three months (383,000). Revisions subtracted 72,000 to total payrolls in the previous two months. The market consensus had been for a gain of 268,000.
By: Beth Mace | June 03, 2022
The Labor Department reported that nonfarm payrolls rose by 390,000 in May 2022 and the unemployment rate held steady at 3.6%. The report confirms that the labor market remains strong, despite the war in Ukraine and on-going supply-chain pressures. Concerns about rising wage costs and inflation are also supported by this report. Average hourly earnings for all employees on private nonfarm payrolls rose by $0.10 in May to $31.95. This was a gain of 5.2% from year-earlier levels but was less than the 5.5% gain seen in April.
COVID-19 | Skilled Nursing | Skilled Nursing Tracker | Workforce
By: Omar Zahraoui | May 25, 2022
NIC's Skilled Nursing COVID-19 Tracker, featuring the most up-to-date CMS data,* shows that rates of new COVID-19 infections in skilled nursing facilities are rising once again for both residents and staff.
