Take 5: Senior housing, entry-level hiring and AI

NH Business Review's biweekly snapshot of business and industry statistics

ADULTS in the U.S. age 65 or older were recently polled by the Pew Research Center on whether they plan to age in their own home, but many don’t feel confident they’ll be able to. Findings showed that 60% say they’d want to stay in their home and have someone care for them, with 18% wanting to move into an assisted living facility, 11% prefer to move in with a family member, only 1% chose moving into a nursing home, and 8% cited another arrangement.

AMONG those aging adults who say they’d want to stay in their home with a caregiver, 37% say this is extremely or very likely to happen. Another 18% say it’s not too or not at all likely. The Pew Research Center found that most respondents cited cost as to their uncertainty surrounding future living arrangements, especially for in-home care and assisted living. The survey also showed that only 21% of adults ages 65 and older have long-term care insurance that would help cover the expense of ongoing living assistance.

DUE to AI, companies are limiting hiring for entry-level roles, and eliminating roles, based on recent survey data from Resume.org. Of the 1,000 U.S. business leaders surveyed, 21% have already stopped hiring entry-level employees due to AI, with 1 in 3 expecting to eliminate those roles entirely by the end of 2026. Companies say they plan to prioritize AI-focused roles and workers who can use it effectively.

THE Pew Research Center surveyed U.S. teens on their use of AI chatbots, and found that 3 in 10 of them do so daily. More than half of teens, or 57%, say they have used chatbots to search for information or get help with schoolwork (54%). About 4 in 10 teens report having used AI to get help researching a topic or solving math problems, with 35% say they turn to AI for help editing something they wrote.

FORTY-SEVEN percent of those teenage respondents say they’ve used AI for fun or entertainment purposes. About 4 in 10 report using chatbots to summarize articles, books or videos, or create or edit images or videos. And about 1 in 5 say they use chatbots to get news. Additionally, 16% of teens say they have used chatbots to have casual conversations, and 12% say they’ve used it to get emotional support or advice.