The combination of strong wage and job growth are pushing up premiums in workers' comp, according to the Insurance Information Institute. Credit: Urupong/Adobe Stock
The U.S. labor market continues to show strength, with employment increasing an average of 200,000 jobs a month during the second quarter, which is above the average pre-pandemic growth of around 150,000 jobs, according to the latest quarterly economic briefing from the National Council on Compensation Insurance (NCCI).
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
