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 […]

Read Post ›

Seniors Housing Penetration Rates: Variation over Time, Variation Across Metropolitan Markets

Penetration rates vary across markets and across time.  Some of the variation may be due to differing demand factors such as population and household growth and size, consumer preferences, familiarity and comfort with the product, changes in the composition of inventory, and cultural influences. This blog post explores some of this variation. The chart above […]

Read Post ›

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 […]

Read Post ›

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 […]

Read Post ›

Key Takeaways from the Second Quarter 2018 NIC Skilled Nursing Data Report

The second quarter 2018 NIC Skilled Nursing Data Report was released last week.  The report includes key monthly data metrics from October 2011 through June 2018.  The report also includes the latest urban vs. rural and revenue mix trends. Here are some key takeaways from the report: Pressure on skilled nursing occupancy continues as the […]

Read Post ›
NIC BLOG: Deep Dive: A Three-year Look Back at Supply and Demand Dynamics by Metropolitan Market Read More »