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Jobs Increase by 157,000 in July 2018.

The Labor Department reported that there were 157,000 jobs created in the U.S. economy in July, below the consensus expectation of 193,000.  However, revisions added 59,000 to the prior two months as June was revised to 248,000 from 213,000 and May was revised to 268,000 from 244,000.  Payrolls have averaged 215,000 per month so far this year, up from 182,000…
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Announcing Gary Cohn as NIC Fall Conference 2018 General Session Speaker

Newt Gingrich, Larry Summers, Ben Bernanke, and Timothy Geithner have all presented at the NIC Fall Conference in recent years with the sharp observations and timely insights that can only come from top government officials. These speakers provided their unique perspectives to NIC’s seniors housing and care executive audiences. This year’s upcoming conference continues NIC’s tradition of featuring nationally prominent…
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NIC Skilled Nursing Data Report: Key Takeaways from the First Quarter 2018

Occupancy Continues to Fall, Despite Typical Seasonal Influence Managed Medicare represents increasingly larger share of skilled nursing revenue NIC released its first quarter 2018 Skilled Nursing Data Report last week, which includes key monthly data points from October 2011 through March 2018. Here are some key takeaways from the report: First quarter national occupancy decreased 30 basis points from the…
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Seniors Housing Inventory Growth–A Lot or Not So Much–Some Perspective

First-quarter data showed continued downward pressure on occupancy rates, with assisted living occupancy falling to its lowest level since NIC began reporting data in 2006—85.7%.  A broader measure, the occupancy rate for all of seniors housing (independent and assisted living) for the 99 Primary and Secondary markets tracked by the NIC MAP® Data Service, had a first quarter occupancy rate…
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Jobs Increase by 223,000 in May 2018

The Labor Department reported that there were 223,000 jobs created in the U.S. economy in May, well above the consensus expectation of 190,000.  This followed a downwardly revised gain of 159,000 jobs in April (originally reported as 164,000) and an upwardly revised gain of 155,000 in March (originally reported as 135,000).  The two-month revision was a positive 15,000 new jobs. …
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