I’m no expert on monetary policy and have never played one on TV. But even I am beginning to wonder if these actions might create another problem for senior living operators.
What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
At 8.5%, the U.S. inflation reached its highest point in 40 years earlier this month while the unemployment rate At 8.5%, the U.S. inflation reached its highest point in 40 years earlier this month while...
Inflation ‘tug-of-war’ affects senior living construction
By
Lois A. Bowers
Aug 02, 2019
Inflation “seems to be playing a tug-of-war game” with the construction market, according to a new issue brief written by The Weitz Company for the American Seniors Housing Association.
18 states increased minimum wage Jan. 1
By
Lois A. Bowers
Jan 02, 2018
The minimum wage increased in 18 states on Jan. 1, either by legislative action, ballot initiative or inflation adjustment.
Employers could see healthcare costs rise 10% next year: PwC
By
Amy Novotney
Jun 30, 2020
Employers are likely to face an increase in medical costs of between 4% and 10% for their employees in 2021, according to a new report from PricewaterhouseCoopers.
Inflation could stifle pandemic recovery among CCRCs: Fitch
By
Kimberly Bonvissuto
Sep 07, 2022
Operating performance and future demand for continuing care retirement / life plan communities could be significantly affected if inflationary pressures continue beyond this year, according to Fitch Ratings.
‘Hyperinflation’ of construction materials expected to slow in 2022: ASHA brief
By
Kathleen Steele Gaivin
Feb 10, 2022
Nationally, inflation last year for new construction averaged approximately 14% and in some markets rose to more than 20%, Weitz Co. Senior Vice President Larry Graeve and Chief Estimator Amy Burk wrote...
Retired Americans returning to workforce amid rising wages, inflation
By
Kathleen Steele Gaivin
Jun 21, 2022
Retirees are returning to the workforce to reap higher wages and keep up with record inflation, according to an analysis released by Magnify Money earlier this month.
31 percent of retirees say inflation could motivate return to workforce
By
Kathleen Steele Gaivin
Aug 18, 2022
Approximately one-third of retirees say they would be motivated to return to the workforce if inflation continues to eat into their savings, according to an American Staffing Association Workforce Monitor...