Fed ‘may have gone too far’ with rapid interest rate increases, expert says
By
Kathleen Steele Gaivin
Jun 14, 2023
A risk exists that the Federal Reserve “may have gone too far” with rapid interest rate increases over the past 14 months or so “and won’t know until they’ve gone farther,” Mary Ludgin, senior...
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.
Senior living M and A drops in 1Q to lowest since 2021
By
Kathleen Steele Gaivin
Jun 08, 2023
Mergers and acquisition activity slowed to approximately 32 transactions per month in the first quarter of 2023. This marks the lowest M&A activity the senior living industry has seen since 2021, according...
Benefits associated with family care are in high demand: survey
By
Kathleen Steele Gaivin
Jun 08, 2023
Almost half of the 608 American workers surveyed by Alegeus said they spend most or all of the annual benefits associated with family care that their employers offer. Those benefits include elder care,...
Long-term care adds 9,000 jobs in May, Labor Department says
By
Kathleen Steele Gaivin
Jun 05, 2023
Nursing and residential care facilities added 9,000 jobs in May, according to employment data released Friday by the Department of Labor’s Bureau of Labor Statistics.
Americans are facing a “new retirement reality” brought on by economic challenges such as inflation, market volatility, financial crises and fears of bank failures, according to a recently released...
Health services, education sector loses 29,000 jobs in May
By
Kathleen Steele Gaivin
Jun 02, 2023
Private-sector employment added 278,000 jobs last month, but the health services and education sector lost 29,000 jobs. That’s according to the May ADP National Employment Report produced by the ADP...
Nursing home, home health fast-growing health spending categories
By
Kathleen Steele Gaivin
May 26, 2023
Healthcare prices increased in April by 3.4% year over year despite slowing inflation, representing the fastest overall healthcare price growth since December 2007. That’s according to Altarum’s monthly...
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.
Green and Resilient Retrofit Program focus of HUD webinar today
By
Kathleen Steele Gaivin
May 23, 2023
Those who want to learn more about funding coming online for the Department of Housing and Urban Development’s Green and Resilient Retrofit Program can attend a webinar today at 2 p.m. ET.