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

Fewer Jobs Created in May: 75,000

The Labor Department reported that there were 75,000 jobs added in May, well below the downwardly revised gain of 244,000 in April and below the consensus expectation of 180,000. The deceleration in growth may reflect the effects of slowing global growth and the waning effects of the tax cuts and government spending. Nevertheless, this marked the 104th consecutive month of…
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A Lot of Jobs Created in April: 263,000

The Labor Department reported that there were 263,000 jobs added in April, above the consensus expectation of 190,000.  This marked the 103rd consecutive month of job growth.  The latest six-month average is 200,000, less than last year’s 223,000 monthly average but still very strong for this stage of the economic expansion. Revisions added 16,000 to the prior two months.  Monthly…
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Key Takeaways from NIC’s First Quarter 2019 Seniors Housing Data Release

NIC MAP® Data Service clients attended a webinar in mid-April on the key seniors housing data trends during the first quarter of 2019.  Key takeaways included the following: Takeaway #1:  Seniors Housing Occupancy Was Largely Unchanged, but Remained Soft in Q1 2019 Based on the quarterly patterns of inventory and absorption, the all occupancy rate for seniors housing, which includes…
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The Forgotten Middle: NIC’s Middle Market Seniors Housing Study Soon to be Released

The long-awaited results of “The Forgotten Middle:  Middle Market Seniors Housing Study” will soon be released, in conjunction with two upcoming events. A peer-reviewed manuscript, two perspective articles, and two blog posts, all to be published by Health Affairs, will be released at the upcoming Health Affairs policy forum in Washington, D.C. on April 24th. The complete study…
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196,000 Jobs Created in March 2019

The Labor Department reported that there were 196,000 jobs added in March, above the consensus expectation of 177,000.  This marked the 102nd consecutive month of job growth.  The latest three-month average is 180,000, less than last year’s 223,000 monthly average but still strong and consistent with more modest growth anticipated for 2019. January was revised up from 311,000 to 312,000…
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