Construction costs up but contractor backlog down: ASHA brief
By
Lois A. Bowers
Mar 10, 2021
The cost of construction materials is up, due to “significant” swings in commodity pricing, and additional increases are expected in the spring, according to a new issue brief for the American Seniors...
Employee giveaway is a gas
By
Amy Novotney
Jun 15, 2022
Employees at Friendship Retirement Community have an even greater incentive to pick up an extra shift or two this month. Learn more, and see how you can submit your photos!
CCRC monthly rate increases for 2018 will average 3.1%
By
Lois A. Bowers
Nov 20, 2017
Continuing care retirement communities plan to raise their monthly fees for existing independent living residents an average of 3.1% in 2018, according to a recent poll of 160 chief financial officers...
Medicare monthly premiums to drop for seniors
Sep 28, 2022
The fee cuts come at the same time as seniors receive a Social Security cost-of-living increase for 2023 of up to 9 or 10%.
Unemployment claims decreased by 5,000 week to week — first decrease in 4 months
By
Kathleen Steele Gaivin
Jul 29, 2022
New unemployment claims decreased by 5,000 to 256,000 for the week ending July 23. According to the Department of Labor, this was the first week-to-week decrease in four weeks. The number of claims for...
27 states to raise minimum wage in 2023
By
Kathleen Steele Gaivin
Jan 03, 2023
Twenty-seven states rang in the new year with increases or planned increases to their minimum wage rate. Most took effect Jan. 1, but others will become effective later in the year.
Prioritize older adults, nonprofits tell members of Congress
By
Lois A. Bowers
Nov 24, 2015
Programs enabling the dignity, health and independence of older adults should be funded at appropriate levels, members of the Leadership Council of Aging Organizations wrote in a letter.
Healthcare wage growth appears to be moderating, data show
By
Kathleen Steele Gaivin
Dec 16, 2022
Healthcare job growth remains strong across all major settings of care. That’s according to Altarum’s monthly Health Sector Economic Indicators (HSEI) released Thursday.
More than 60 percent of retirees wish they could get a ‘do-over’ in planning, survey finds
By
Kathleen Steele Gaivin
Jun 13, 2023
More than 60% of retirees would go back and plan differently for their retirement if they could, according to a survey by Lincoln Financial Group.
Uptick in demand means opportunities for senior living investors: report
By
Kathleen Steele Gaivin
May 25, 2023
The long-term outlook for the US senior living market is positive, according to Berkadia’s US Seniors Housing Commentary for Spring 2023.