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

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 […]

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Behind the Scenes – Inside NIC’s Data Group, Part 1

Hundreds of businesses, including capital providers, developers, owners, operators, service providers, and others, rely on the NIC MAP® Data Service as they research, analyze, and assess their markets and prospects across the country. Clients know they can trust the accuracy of the data NIC makes available, as they leverage the ever-expanding utility of NIC’s online […]

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Economy Adds 304,000 Jobs in January

The Labor Department reported that there were a significant number of jobs added in January–304,000 and well above the consensus expectation of 172,000. This was the 100th consecutive month of job growth.  December was revised down to 222,000 from 312,000 and November was revised up to 196,000 from 176,000. The 800,000 Federal workers going unpaid […]

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Economy Adds 2.64 million Jobs in 2018

Over the year, the U.S. economy added 2.64 million jobs, making it the third best year for job growth since the recession a decade ago and the third best year since 2000. The Labor Department also reported that there were 312,000 jobs created in the U.S. economy in December, well above the consensus expectation of […]

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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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