NIC | CARES BLOG
A place for connections, analysis, research, and education on seniors housing and care

U.S. economy generated 156,000 jobs in August 2017.

Analysts, operators and capital providers often pay close attention to the employment data release issued by the Labor Department on the first Friday of the month.  This report provides near-real time information about the state of the economy and the U.S. labor market.  And with labor representing up to 60% of a typical operator’s expense […]

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U.S. economy generated 209,000 jobs in July 2017

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 209,000 positions in July, above the consensus 180,000 estimate. This followed gains of 231,000 in June, originally reported as 222,000, and 145,000 in May, originally reported as 152,000. Monthly revisions result from additional reports received from businesses since the last published estimates […]

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U.S. economy generated 222,000 jobs in June 2017.

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 222,000 positions in June, the largest increase since February, and above the consensus 175,000 estimate.  This followed gains of 207,000 in April, originally reported as 174,000, and 152,000 in May, originally reported as 138,000. Monthly revisions result from additional reports received from […]

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Labor Is a Challenge–A Familiar Lament

Increasingly, operators of seniors housing and care properties are reporting labor shortages in all occupations across their operating platforms, ranging from care managers to executive directors. More broadly, U.S. employers in April advertised the most job openings in 16 years, yet hiring fell and fewer people quit work.   Indeed, job openings rose 4.5% in April […]

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NEW: NIC MAP’s New Employment and Wage Data Report

I’m excited to tell you about new reports that have been launched on our NIC MAP® web client platform.  Called the NIC MAP Bureau of Labor Statistics Employment and Wage Reports, they aim to help our clients assess and benchmark local labor pools and wage rates. More specifically, the reports provide metropolitan area, state and […]

Topics: Data, Labor
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