Overall U.S. unemployment decreased to 5.8% in May from 6.1% in April, according to the most recent job data from the Bureau of Labor Statistics. (Photo: FOTOGRIN/Shutterstock)
Unemployment for insurance carriers and related businesses increased slightly month-over-month in May to 2.5% but remains below the overall U.S. unemployment rate of 5.8%, according to the June 2021 edition of PULSE from The Jacobson Group. In April 2021, insurance-industry unemployment stood at 2%.
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Heather A. Turner
Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].
