Health/education sector adds 17,000 jobs in January
By
Kathleen Steele Gaivin
Feb 01, 2024
The health/education sector added 17,000 jobs in January, and median pay increased 5.9% for people who stayed in jobs in the sector, according to the ADP National Employment Report, released Wednesday.
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...
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...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
Labor costs driving up resident fees: survey
By
Lois A. Bowers
Oct 30, 2016
Labor costs are the primary driver for monthly fee increases charged to residents of not-for-profit senior living communities, according to a new poll by speciality investment bank Ziegler.
Offering a retirement plan ‘critical asset’ even for small business owners
By
Kathleen Steele Gaivin
May 09, 2023
It’s not just the big corporations that need to offer a retirement plan to employees. Even small business owners can, and should, should set up a retirement plan, according to Los Angeles-based Capital...
Instability, disparity trend across SNF industry
By
Kathleen Steele Gaivin
Oct 02, 2023
“State-specific instability and disparity” is “the predominant trend this year” for skilled nursing providers, according to the “38th SNF Cost Comparison and Industry Trends Report” delivered...
Almost a third of retirees consider picking up temporary jobs
By
Kathleen Steele Gaivin
Jun 12, 2024
One third of retirees are considering picking up one to three shifts of temporary work per week because their cost of living is increasing, according to Indeed Flex, an online temporary staffing platform.
Lack of emergency savings No. 1 stressor for US workers
By
Kathleen Steele Gaivin
Oct 13, 2023
Emergency savings ranks as the major savings goal for US workers, according to new research by Fidelity Investments.
Ageism is barrier to re-entering workforce, retirees say
By
Kathleen Steele Gaivin
Sep 14, 2022
Due to inflation, a third of America’s retirees have at least considered returning to work, and 14% of current retirees say that they are open to or actively looking for work. Unfortunately, 43% of retirees...