In an interview with McKnight’s Senior Living, Kevin Troutman shares his insights on Fisher Phillips’ Flash Survey on Economic Uncertainty. The survey revealed that 25% of healthcare employers have or plan to shrink their workforce in 2022, and Kevin was asked how this statistic might end up impacting the long term care industry. He explained that “[l]ong term care facilities have been particularly hard-hit by staffing shortages, and it’s difficult to imagine that this will get any better as facilities are forced to contemplate reducing their employee rosters as a cost saving measure in the face of a possible recession and an economic downturn.”
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