Wage growth deceleration ‘gives clearest signal’ of labor market fundamentals
By
Kathleen Steele Gaivin
May 04, 2023
April saw a “burst of hiring” as private-sector employers added 296,000 jobs, yet annual pay growth decelerated to 6.7% year-over-year, according to the April ADP National Employment Report produced...
Spot occupancy spikes in June, Welltower reports
By
Kathleen Steele Gaivin
Jul 14, 2022
Spot occupancy in Welltower’s U.S. senior housing operating portfolio rose 120 basis points (1.2%) in the second quarter, with half of that increase occurring in the last two weeks of June, according...
Almost a third of nation’s workforce earns less than $15 an hour, research shows
By
Kathleen Steele Gaivin
Mar 25, 2022
New research from Boston-based Oxfam America indicates that 51.9 million workers, 31.9% of the nation’s workforce, earn less than $15 an hour.
Town’s only nursing facility converting to ALF, as national study finds ‘dangerously low’ occupancy...
By
Amy Novotney
Dec 03, 2020
Amid deteriorating finances that don’t allow for much-needed building infrastructure updates, the only skilled nursing facility in the town of Norton, MA, will be closing by early next year and will...
Fewer meetings, AI use could boost workplace productivity: report
By
Kathleen Steele Gaivin
Jan 04, 2024
Using artificial intelligence and cutting back on meetings are two ways to help improve workplace productivity, according to the company behind recent research.
Retirement account balances increase for third consecutive quarter: analysis
By
Kathleen Steele Gaivin
Aug 21, 2023
Retirement account balances are increasing, according to Fidelity Investments’ Retirement Savings Assessment for the second quarter, released Thursday. The average IRA ncreased 5% from the previous quarter.
Effects of SCOTUS ruling in Talevski case could reach far beyond nursing homes
By
Kimberly Marselas
Jun 09, 2023
Nursing homes under county or state control could see an explosion of lawsuits following a Thursday US Supreme Court ruling maintaining the right of nursing home residents and their survivors to sue in...
Fitch: Payroll rises at life plan communities, falls at assisted living communities
By
Kathleen Steele Gaivin
Dec 14, 2022
Although payroll is growing at continuing care retirement / life plan communities, it is declining slightly at assisted living communities.
Pennant sees ‘meaningful progress’ in fourth quarter
By
Kathleen Steele Gaivin
Feb 27, 2023
Despite labor and inflationary pressures, the Pennant Group’s full-year and fourth-quarter 2022 financial results demonstrate progress in both senior living and home health / hospice, according to Brent...
Digital transformation improves productivity at CCRC
By
Kathleen Steele Gaivin
Feb 22, 2023
Digital transformation initiatives improved productivity at United Methodist Communities of New Jersey, according to a case study by the LeadingAge Center for Aging Services Technologies. UMC of New Jersey...