Inflation Reduction Act has mixed value for older adults, experts say
By
Kathleen Steele Gaivin
Aug 17, 2022
President Biden signed into law Tuesday the Inflation Reduction Act, which has significant healthcare provisions. According to one industry expert, however, the legislation falls short on helping older...
No end in sight for construction labor shortage, experts say
By
Kathleen Steele Gaivin
Jun 30, 2022
The labor shortage in construction isn’t going away any time soon. In fact, it is expected to intensify over the next six months, Bisnow reported.
Record Social Security bump could push seniors into higher tax bracket, experts say
By
Kathleen Steele Gaivin
Jul 20, 2022
Social Security recipients could see a record 10.5% cost of living adjustment next year, the bipartisan Senior Citizen League predicts, but that could bump some beneficiaries into higher tax brackets....
Business briefs, June 21
By
Kathleen Steele Gaivin
Jun 21, 2023
Senior housing real estate firm sued again for alleged housing discrimination … OSHA official shares top 10 violations in construction … As inflation begins to slow, experts question long-term sustainability
Less than 25 percent of Americans expected to save enough to retire comfortably
By
Kathleen Steele Gaivin
May 31, 2022
Less than a fourth of Americans expect to save the $1.1 million estimated to be necessary to retire comfortably, according to the 2022 Schroders U.S. Retirement Survey.
BLS: Nursing, residential care facilities add 11,000 jobs in February
By
Kathleen Steele Gaivin
Mar 11, 2024
Nursing and residential care facilities, collectively, generated 11,000 jobs in February, according to Friday’s jobs report from the Bureau of Labor Statistics.
Business briefs, Aug. 26
By
Kathleen Steele Gaivin
Aug 26, 2022
Inflation Reduction Act provides $25B for affordable housing … Amazon pulling plug on Amazon Care … Fitch Ratings affirms Friends Homes at BBB-; outlook stable … Bright Star acquires eight franchises...
OSHA civil penalty increases effective today
By
Kathleen Steele Gaivin
Jan 17, 2023
Changes to OSHA civil penalty amounts based on cost-of-living adjustments for 2023 went into effect today.
‘Wave of demand’ coming in senior living, experts say
By
Kathleen Steele Gaivin
Jan 11, 2023
Senior living is a growth sector, John Chang, senior vice president of research services at Marcus & Millichap, said during a Tuesday afternoon webcast sponsored by the real estate investment services...
Increased financial pressure looms, but outlook for CCRCs is balanced, Fitch says
By
Kathleen Steele Gaivin
Apr 17, 2023
Increased financial pressure is heading down the pike, with a mild recession likely in the months ahead. That’s according to commentary from Fitch Ratings.