The insurance industry remains relatively stable as we move through 2024. Our recent Q3 2024 Insurance Labor Market Study, conducted in partnership with Aon, revealed 86% of carriers intend to increase or maintain their staff sizes in the next 12 months. At the same time, the Bureau of Labor Statistics shows 11 consecutive months of ... Q3 2024 Insurance Labor Market Study Results: Hiring Continues
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
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?
We are excited to share that The Jacobson Group has once again been named one of Business Insurance’s Best Places to Work in Insurance. At Jacobson, we are committed to fostering the growth and success of our team members at every stage of their careers, and we are proud to be recognized as a company ... Jacobson Employee Spotlight – Q3 2024
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
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
With summer comes warmer weather, sunnier days and often more packed schedules. Vacation plans, family activities, childcare needs and the allure of summertime leisure often compete with work priorities and deadlines, leading to increased stress and pressure (sometimes further fueled by decreased motivation). Below, a few of our colleagues at The Jacobson Group share how ... Experiencing Summer Burnout? Here are 4 Tips for Staying Motivated at Work
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
Navigating a job interview goes beyond showcasing your qualifications to the employer—it’s a pivotal opportunity to evaluate if the role and organization are the right fit for you. Thoughtful questions can deepen your understanding of the job and company culture, while helping you stand out as a well-prepared and engaged candidate. While you likely have ... Navigating Job Interviews: 7 Questions to Assess Fit and Stand Out
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, Mike Abate, managing director, offers insights into leading in a way that inspires productivity and cultivates ... 10 Ways To Be a Great Leader in Today’s Environment
At The Jacobson Group, we take pride in the remarkable contributions of our team members. Each month, we highlight a few of our corporate employees from across the company as they share a bit about themselves and their roles. Janet Foor Assistant Vice President and Client Relationship Manager, 25 years at Jacobson Hometown: Originally from ... Jacobson Employee Spotlight – Q2 2024
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