Minimum wage hikes have mixed results on workforce: poll
By
Kathleen Steele Gaivin
Jul 16, 2024
Increases in minimum wage also can be good for more highly paid workers, according to the results of an Express Employment Professionals-Harris Poll survey released Wednesday.
Poor health exacerbates financial stress, but it’s not the worst among seniors
By
Kathleen Steele Gaivin
Jul 16, 2024
Poor health exacerbates financial stress among Americans, but it’s worse for those aged 50 to 64 than it is for those aged 65 or more years — people who often are on fixed incomes.
GOP calls for agency regulation review in wake of Supreme Court overturning of Chevron doctrine
By
Kathleen Steele Gaivin
Jul 12, 2024
The Supreme Court’s decision last month to overturn a long-standing doctrine that had given regulatory agencies broad discretion to set rules for the entities they cover has set off a call from the Republican...
Powell hints that lower interest rates may be on the horizon
By
Kathleen Steele Gaivin
Jul 11, 2024
Interest rates may start to go down soon, Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Tuesday during the Semiannual Monetary Policy Report to the Congress.
Edenwald Senior Living partners with Goucher College to join increasing number of university retirement...
By
Kathleen Steele Gaivin
Jul 11, 2024
Edenwald Senior Living, a not-for-profit continuing care retirement / life plan community in Towson, MD, is partnering with Goucher College to become a university retirement community, a growing national...
Gender wage gap widens with age
By
Kathleen Steele Gaivin
Jul 10, 2024
“Older women workers — who comprise 47% of the labor force ages 55 and older — are plagued by a gender wage gap that is even larger than the one their younger counterparts experience,” according...
Employer-sponsored emergency savings programs can improve worker productivity, tenure
By
Kathleen Steele Gaivin
Jul 09, 2024
Employer-sponsored emergency savings
CCRC faces class action lawsuit over alleged biometric data collection, use
By
Kathleen Steele Gaivin
Jul 08, 2024
A continuing care retirement / life plan community in Chicago is facing a class action lawsuit alleging that it used a timekeeping system that collected and stored biometric data using employees’ facial...
Spending on nursing homes, home care slows year over year
By
Kathleen Steele Gaivin
Jun 27, 2024
Between May 2023 and May 2024, overall healthcare costs grew by 3.4%, the fastest increase seen since December 2007, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...