The Jacobson Journal Blog

Insurance Talent Blog

Revamping Your Approach to Employee Engagement in the New Year

 As your team looks toward 2025, it is the ideal time to reassess your approach to employee engagement in the context of today’s environment. In our most recent issue of Compass, Judy Busby, senior vice president and managing director, shares how to “get back to basics” in the new year and focus on creating a ... Revamping Your Approach to Employee Engagement in the New Year

October 2024: Labor Market PULSE

After rising to 3.1% in August, the unemployment rate for the insurance carriers and related activities sector dropped to 2.3% in September. The overall U.S. unemployment rate remains consistent, dropping just a tenth of a point. The industry also added jobs, marking its 11th consecutive month of job growth. Within the larger finance and insurance sector, ... October 2024: Labor Market PULSE

Polling Results: What Is Influencing Recruiting Today?

Insurers continue to adapt to an evolving labor market. From interview timelines and the most important candidate traits, to desirable leadership qualities, we’ve polled our LinkedIn audience for insights on their processes and priorities. Below is a glimpse into the industry’s current attitudes and areas of focus. As market conditions shift, so do talent priorities. ... Polling Results: What Is Influencing Recruiting Today?

Recruiter Report: Your Interview Timeline’s Influence on Hiring Outcomes

A perceived slowing of the job market has led some companies to become disillusioned about the availability of candidates. As a result, they’re adjusting their approach to hiring, often elongating the interview process, missing out on qualified individuals and ultimately being unable to effectively fill their open roles. Candidates who were initially enthusiastic about an ... Recruiter Report: Your Interview Timeline’s Influence on Hiring Outcomes

September 2024: Labor Market PULSE

While the insurance carriers and related activities sector saw an uptick in unemployment for August, the next few months will reveal whether this is a notable trend. The industry experienced two similar spikes last year, in December (to 3.4%) and in June (to 3.2%). However, in both instances the unemployment rate quickly lowered back to ... September 2024: Labor Market PULSE

Executive Relocation in the Post-Pandemic Era

Remote and hybrid work have become standard in the past few years, and many executives have valued these work arrangements. They have found it can significantly improve work/life balance while still allowing them to be very effective in the workplace. Some insurers are beginning to bring employees back into the office, and this can be ... Executive Relocation in the Post-Pandemic Era

August 2024: Labor Market PULSE

The BLS data reflects a relatively stable insurance workforce as we move through August. The unemployment rate for insurance carriers and related activities rose slightly in July, yet remains low at 1.9%, while employment continues to increase. Within the larger finance and insurance sector, voluntary quits in June* were at their highest level since December ... August 2024: Labor Market PULSE

Is Your Employer Brand Working for You or Against You?

Whether actively managed or not, every company has an employer brand that shapes how it’s perceived as a place to work. This influences everything from its ability to attract and retain talent to its overall reputation in the marketplace. In our most recent issue of Compass, Jeff Blair, senior vice president of executive search and ... Is Your Employer Brand Working for You or Against You?

July 2024: Labor Market PULSE

Unemployment for insurance carriers and related activities continues to trend downward, while the overall U.S. unemployment rate rises. In June, the U.S. unemployment rate hit a two-and-a-half year high of 4.1%, while the insurance industry experienced its lowest unemployment rate this year at just 1.4%. Insurance employment is also on the rise, with the industry ... July 2024: Labor Market PULSE

Recruiter-Report-Competing-for-Top-Talent-in-Todays-Environment

Recruiter Report: Competing for Top Talent in Today’s Environment

While the hiring landscape may be less active than it was a few years ago, we’re still in the midst of a competitive labor market. However, in our conversations with hiring managers, we’re noticing there’s a frequent misconception about the availability of talent, leading to a lack of urgency throughout the employment process. This can ... Recruiter Report: Competing for Top Talent in Today’s Environment

10 Ways to be a Great Leader in Today's Environment

10 Ways To Be a Great Leader in Today’s Environment

Along with achieving business and monetary goals, today’s most successful leaders must also be able to ensure a positive employee experience, effectively lead through change, monitor and alleviate employee burnout, and much more. In our recent issue of Compass, we offer insights into leading in a way that inspires productivity and cultivates an environment of ... 10 Ways To Be a Great Leader in Today’s Environment

PULSE of the U.S. Labor Market - June 2024

June 2024: Labor Market PULSE

In May, the overall U.S. economy hit its highest unemployment rate since January 2022. Conversely, unemployment for the insurance carriers and related activities sector dropped 0.6 percentage points, to 1.8%. U.S. job openings hit a three-year low in April*, while job openings within finance and insurance slightly increased. The industry is also experiencing a voluntary ... June 2024: Labor Market PULSE

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