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

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 during the partial federal government…
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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 176,000. This was the 99th…
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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 this is in fact starting…
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Next Up: Revenue Management

HCP Exec Previews Fall Conference Session Amid increased competition and pressure to boost revenue, dynamic pricing strategies can help building operators capture dollars that might have otherwise been left on the table.     “We need to think differently as an industry about pricing,” said Kai Hsiao, executive vice president, senior housing asset management, HCP, Inc., a large REIT based in Irvine,…
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