Evidence points to improving job market in senior living, economist says
By
Kathleen Steele Gaivin
May 03, 2023
“There’s evidence of improvements in the job market for senior housing,” Beth Burnham Mace, National Investment Center for Seniors Housing and Care chief economist and director of outreach, said...
Low-wage workers experience historically fast wage growth: report
By
Kathleen Steele Gaivin
May 01, 2023
Low-wage workers experienced wage growth of 9% between 2019 and 2022. That’s a historically fast real wage growth over the three-year span, especially in a period of economic inflation, according to...
Most think caregivers have ‘no promising way to develop or ascend’ career ladder, survey finds
By
Kathleen Steele Gaivin
Apr 26, 2023
Most Americans do not view a caregiving career as a path to personal fulfillment, according to a report from the nonprofit think tank FrameWorks Institute.
Skilled nursing occupancy begins year with ‘positive momentum’
By
Kathleen Steele Gaivin
Apr 03, 2023
Skilled nursing occupancy increased 49 basis points from December to January, to end the month at 81%, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...
Digital transformation improves productivity at CCRC
By
Kathleen Steele Gaivin
Feb 22, 2023
Digital transformation initiatives improved productivity at United Methodist Communities of New Jersey, according to a case study by the LeadingAge Center for Aging Services Technologies. UMC of New Jersey...
Union membership drops to lowest percentage on record, but overall number increases
By
Kathleen Steele Gaivin
Jan 24, 2023
The union membership rate is at its lowest percentage on record, and the percentage of paid workers who were members of a union decreased to 10.1% in 2022 from 10.3% in 2021, according to the US Bureau...
EEOC aims to strengthen protections for temporary, older and LGBTQ+ workers
By
Kathleen Steele Gaivin
Jan 13, 2023
The Equal Employment Opportunity Commission will increase its focus on protecting people with disabilities, older workers, LGBTQ+ individuals and temporary workers over the next five years, according to...
55 percent of survey respondents retired earlier than expected during pandemic
By
Kathleen Steele Gaivin
Jan 10, 2023
More than half (55%) of 2,000 American retirees recently surveyed said they have retired earlier than expected during the COVID-19 pandemic, according to EBRI’s 2022 Spending in Retirement Survey.
Ziegler predicts ‘fierce headwinds’ continuing into new year
By
Kathleen Steele Gaivin
Jan 09, 2023
“Fierce headwinds” will keep blowing for long-term care providers in 2023, according to specialty investment bank Ziegler. Inflationary pressures and workforce challenges are still in play, but reasons...
Labor unionization among healthcare workers remains low: JAMA study
By
Kathleen Steele Gaivin
Jan 03, 2023
The National Labor Relations Board had 58% more union election petitions in the first nine months of 2022 compared with the same time frame the year before. However, labor unionization among healthcare...