Labor market experiences trade-off: jobs growth versus increased wages: report
By
Kathleen Steele Gaivin
Mar 09, 2023
The health services and education labor market increased by 35,000 jobs (7.2%) last month, whereas the private sector in general added 242,000 jobs overall in February.
Poll: 68 percent of healthcare workers find it stressful to manage their finances
By
Kathleen Steele Gaivin
Dec 02, 2022
Healthcare workers are worried about finances, and it’s affecting their health, according to the results of a recent poll conducted by Harris Poll on behalf of IntelyCare and DailyPay.
Healthcare employment growth slowed in December
By
Kathleen Steele Gaivin
Jan 08, 2024
Job growth in the healthcare sector could be slowing, according to data released Friday by the Bureau of Labor Statistics.
Long-term care rates up 1 to 10 percent: survey
By
Kathleen Steele Gaivin
Mar 13, 2024
Year-over-year rate increases in long-term care ranged from 1% to 10% across setting types, according to the results of Genworth’s Cost of Care Survey 2023, published Tuesday.
Retirement plan confidence shows ‘substantial growth’
By
Kathleen Steele Gaivin
Jun 28, 2024
After periods of rising and falling between 2016 to 2019, individual retirement plan ownership and assets saw “substantial growth” between 2019 and 2022, according to the results of the 2024...
Insurance rates stabilize for senior living, skilled nursing providers
By
Kathleen Steele Gaivin
May 09, 2024
Senior living and skilled nursing providers began to see insurance rates stabilize in the fourth quarter of 2023, similar to what was seen in 2022, according to WTW’s annual Insurance Marketplace Realities...
Cogeneration system harnesses power of clean energy for long-term care operator
By
Kathleen Steele Gaivin
Feb 08, 2023
It takes a lot of energy to heat and cool Hebrew Home of Riverdale’s 32-acre campus on Hudson River in the Bronx, NY. When it came time to replace aging equipment — some buildings are well over 100...
Retirement plan contribution rate decreases
By
Kathleen Steele Gaivin
Mar 28, 2023
Twenty-five percent of Americans with 401(k) retirement accounts closed out 2022 by setting aside just 3% or less of their salaries in those accounts, according to the results of a study by Bank of America....
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.