The Labor Department reported that nonfarm employment increased by a healthy 215,000 positions in March. Employment increased in the retail trade, construction, and health care sectors. Job losses occurred in manufacturing and mining. The change in payroll employment for January was revised from 172,000 to 168,000, and the change for February was revised from 242,000 to 245,000. With these revisions,…
Read Post ›
The Labor Department reported that non-farm employment increased by a healthy 242,000 positions in February. The originally reported January gain of 151,000 was revised up to 172,000. The median forecast in a Bloomberg survey had called for a gain of 195,000. The three-month average from December to February was 228,000. For the private sector, February’s job gains marked the 72nd…
Read Post ›
By Beth Burnham Mace, Chief Economist, NIC
Big data is among today’s buzzwords. Yet just 20 years ago, when I started out in the industry, data on the seniors housing and care sector was nearly nonexistent. Now calls for data are very different—and the voices are getting louder. Having the ability to collect and use data is presenting opportunities across…
Read Post ›
The Labor Department reported that non-farm employment increased by 151,000 positions for the first month of 2016. The three-month average from November to January was 231,000. For all of 2015, jobs increased by an upwardly revised 2.7 million positions, the second strongest year since 1999. Moody’s Analytics expects comparable job gains in 2016, with roughly 200,000 positions generated per month.…
Read Post ›
The U.S. seniors housing and care property sales market continued to remain active in the fourth quarter of 2015, although preliminary data shows dollar volume slowed significantly during the second half of the year. During the fourth quarter of 2015, $2.8 billion in seniors housing and care properties sales closed, down from $3.3 billion in the third quarter and $4.4…
Read Post ›
