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

November Unemployment Rate Unchanged at Lowest Level in Nearly 50 Years

The unemployment rate remained low at 3.7% in November, which is the lowest rate since December 1969. The jobless rate remains well below the rate of what is generally believed to be the “natural rate of unemployment” of 4.5%, which suggests that upward pressure on wage rates will continue. Further indications that this is in […]

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October Jobless Rate Remains at Lowest Level Since 1969

The unemployment rate held steady at 3.7% in October, which is the lowest rate since December 1969. The jobless rate remains well below the rate of what is generally believed to be the “natural rate of unemployment” of 4.5%, which suggests that there will be building pressure on wage rate growth. Evidence is mounting that […]

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Five Key Takeaways from NIC’s Third Quarter 2018 Seniors Housing Data Release

NIC MAP® Data Service clients attended a webinar in mid-October on the key seniors housing data trends during the third quarter of 2018.  Key takeaways included the following: Takeaway #1:  Seniors Housing Occupancy Unchanged, but Remains Soft The all occupancy rate for seniors housing, which includes properties still in lease up, was unchanged from the […]

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September Jobless Rate Falls to Lowest Level Since 1969

The Labor Department reported that there were 134,000 jobs created in the U.S. economy in September, well below the consensus expectation of 180,000.  However, revisions added 87,000 to the prior two months as August was revised to 270,000 from 201,000 and July to 165,000 from 147,000. The September figure may have been negatively affected by […]

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