Webinar Discussion on Workforce Challenges in Senior Living

This document is a report on a webinar hosted by Ziegler featuring Mike Rosenbaum, Founder and CEO of Arena, discussing workforce challenges in the senior living industry. The webinar, held on June 11th, addresses three significant factors affecting the U.S. labor market: the Covid-19 pandemic, the emergence of large language models like ChatGPT, and recent federal policy changes, including increased tariffs and stricter immigration regulations. Arena's AI-powered platform aims to enhance employee retention by matching candidates to suitable roles, thereby reducing costs associated with turnover and staffing agencies. The platform includes features that predict retention and ghosting risks, reroute candidates to better-fit positions, and identify new talent. Rosenbaum emphasizes the platform's accessibility for smaller, mission-driven providers, highlighting its straightforward implementation and rapid results. The report concludes with Rosenbaum's remarks on the importance of addressing awareness, accessibility, and alignment within the fragmented senior living industry.