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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Data,
Demographics,
Economy,
Job,
Jobs Report,
Managed Care,
Market Study,
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Occupancy,
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Senior Living,
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VolumeOver 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 […]
Topics:
Data,
Demographics,
Economy,
Job,
Jobs Report,
Labor,
Managed Care,
Market Study,
Nursing Care,
Occupancy,
Research,
Revenue,
Senior Living,
Seniors Housing,
Skilled Nursing,
U.S. Economy,
Unemployment,
VolumeOccupancy Edged Up To 82.2% in Q3 2018 Managed Medicare Revenue Mix Reached 10% NIC released its third quarter 2018 Skilled Nursing Data Report last week, which includes key monthly data points from January 2012 through September 2018. The report also includes the latest urban vs. rural comparative data points as well as revenue mix […]
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 […]
It’s the open secret that leading operators have long known—an engaged workforce leads to success in other parts of operations, including key financial and performance metrics. In the words of one senior living executive, “Happier employees means happier residents. That’s what we’re all about.” But can we quantify it? What is the business case for […]
