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aging

Market structure, competition from assisted living facilities and quality in the nursing home industry

Source: JournalistsResource.org

The oldest of the U.S. baby boomers turned 65 in 2011, inaugurating a new era of challenges for the country’s long-term care system. In response to this ongoing demographic shift, the nursing home industry has introduced assisted living facilities that can accommodate a range of lesser ailments — and potentially attract healthier and wealthier residents. How this expansion may indirectly influence the quality of care provided by the nursing homes is unclear.

How longer work lives ease the crunch of population aging

Source: JournalistsResource.org

As baby-boomers have aged, so has the population of the United States. This has consequences, in particular for the nation’s labor force. In the 20 years from 1990 to 2010, the labor force in the United States grew 24.4%, keeping pace with the country’s population growth of 26%.  From 2010 to 2030, however, while the population will climb an additional 17.5%, the labor force is expected to grow only 10.5%.