Proposed SEC rule would ‘hinder savers’ access to a secure retirement,’ legislators say
By
Kathleen Steele Gaivin
Jul 06, 2023
A proposed rule from the Securities and Exchange Commission would “hinder savers’ access to a secure retirement,” according to a joint letter to SEC Chairman Gary Gensler from Sen. Bill Cassidy (R-LA),...
Labor challenges a continued sore spot for CCRCs, Fitch Ratings says
By
Kathleen Steele Gaivin
Jul 24, 2023
Labor challenges are a continued pain point for continuing care retirement / life plan communities, according to a recent report from Fitch Ratings.
California Workforce Development Board grants $14M for CNA, LVA apprenticeship program
By
Kathleen Steele Gaivin
Sep 21, 2022
The California Workforce Development Board has granted $14 million to the Center for Caregiver Advancement to launch a statewide certified nurse assistant registered apprenticeship program and to pilot...
Healthcare ranks second among industries with workers frustrated by low pay: survey
By
Kathleen Steele Gaivin
Jan 19, 2024
Healthcare workers rank second among those frustrated about their industry’s pay, according to a recent analysis from USA Today Blueprint.
Staffing shortages ease for SNFs, but they’re not out of the woods yet
By
Kathleen Steele Gaivin
Oct 18, 2022
Skilled nursing properties reporting shortages of nursing staff dropped from 28% in January to 20.8% in September, according to the National Investment Center for Seniors Housing & Care.
Want to keep employees? Offer a pension instead of a 401(k)
By
Kathleen Steele Gaivin
Apr 01, 2024
One way to entice employees to stay may be to offer them a pension instead of a hybrid retirement plan that is part pension and part 401(k), suggests a new report from the nonprofit National Institute...
Unemployment rate dips to 3.7 percent in November
By
Kathleen Steele Gaivin
Dec 11, 2023
The national unemployment rate declined from 3.9% October to 3.7% in November, according to the monthly unemployment report from the Bureau of Labor Statistics.
Americans refocusing on future amid decline in financial readiness for retirement: analysis
By
Kathleen Steele Gaivin
May 31, 2023
Although financial readiness for retirement had been waning in recent years, Americans appear to be refocusing their efforts on saving for the future, according to Fidelity Investments’ Retirement Savings...
Should US follow Canada’s example in addressing workforce woes?
By
Kathleen Steele Gaivin
Feb 07, 2023
Canada is turning to immigration in a big way to fill jobs left unfilled by its citizens. Could there be a lesson for the United States? Immigration accounts for almost 100% of Canada’s labor force growth,...
Millions more salaried employees would be eligible for overtime pay under federal bill
By
Kathleen Steele Gaivin
Mar 31, 2023
Millions more salaried American workers would be eligible for overtime pay when they work more than 40 hours a week under a bill reintroduced Wednesday by Democratic legislators in both bodies of Congress