Senior living in 2024: Volatility ahead argues for rethinking risk strategies
By
Gerald Stoll
Jordan Parnell
Dec 14, 2023
The pressures on the senior living sector only abated marginally in 2023, as operators tried to maintain their balance in a precarious business and economic environment. And any significant reversal in...
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 are tapping retirement nest eggs to pay for everyday, emergency expenses
By
Kathleen Steele Gaivin
Nov 30, 2023
Working-age Americans are tapping into retirement nest eggs to pay for everyday expenses, according to recent data from Fidelity Investments. Consequently, many are falling short in their retirement goals.
Employer-sponsored health insurance cost up 7 percent year over year
By
Kathleen Steele Gaivin
Nov 21, 2023
The cost of employer-sponsored health insurance plans is increasing both for employers and employees, according to recent studies.
New jobless claims reach three-month high
By
Kathleen Steele Gaivin
Nov 20, 2023
Initial filings for unemployment for the week rose to 231,000 for the week ending Nov. 11. That’s an increase of 13,000 from the previous week and a three-month high for new claims, according to data...
Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
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.
RN wages projected to grow more rapidly than wages for other professions, study finds
By
Kathleen Steele Gaivin
Oct 12, 2023
Registered nurse salaries are projected to increase over the next decade at a rate that surpasses the rate of increases for some other healthcare professions, according to the results of a recent study...
74 percent of workers are concerned about their well-being at work: survey
By
Kathleen Steele Gaivin
Oct 12, 2023
Seventy-four percent of US workers are “moderately” or “highly” concerned about their workplace well-being, according to the results of the 2023 EBRI/Greenwald Research Workplace Wellness Survey.