The capacity of the U.S. Senior Care workforce is a growing national priority as the country’s population becomes much older and its workforce much smaller. More than 20 million new employees will be needed to fulfill an historic rise in demand for services over the next two decades. This includes more than 3 million needed by Senior Living communities alone.
This report looks at how workers in senior living have been rewarded with wage increases over a five-year period (2019-2023) and draws comparisons to the private sector while identifying extraordinary increases on a position-level basis. It highlights how the exceptionally tight labor market has impacted senior living and demonstrates the competitive nature of attracting and retaining talent.
![Wage Trends Cover-1](https://info.argentum.org/hs-fs/hubfs/Wage%20Trends%20Cover-1.png?width=364&height=456&name=Wage%20Trends%20Cover-1.png)