While the insurance industry saw a slight decrease in employment in June, the industry’s unemployment rate also dropped – hitting its lowest point since September 2023 at 1.3%. The dip of 1.6 points is the largest we’ve experienced since July 2023, when the unemployment rate then stayed below 2% for multiple months. However, similar to ... July 2025: Labor Market PULSE
In today’s competitive recruiting environment, employers who approach recruiting as a one-way decision will be set up for failure. Top talent has high expectations for future employers; and continually evolving to appeal to the best and brightest candidates should be a priority for industry leaders. In our recent issue of Compass, Jeff Blair, senior vice ... 7 Ways to Sell Your Organization to Today’s Candidates
In this employee spotlight, we’re proud to highlight three outstanding team members whose dedication and character help drive Jacobson’s success. Their contributions make a lasting impact on our organization. Nancy Savich Engagement Director, 3 years 7 months at Jacobson Hometown: Boardman, Ohio Alma Mater: Bachelor’s from The Ohio State University – “GO BUCKS!” – and ... Jacobson Employee Spotlight – Q2 2025
May saw insurance industry unemployment tick up slightly to 2.9%. At the same time, April numbers show a decrease in job openings for the larger finance and insurance industry, while layoff levels were the highest seen since November 2022. This slight change in numbers doesn’t indicate much at this point, but it’s something to keep ... June 2025: Labor Market PULSE
The insurance talent landscape remains increasingly complex for employers. From managing disengagement to redefining “perfect” candidates, our LinkedIn audience has shared their insights throughout the past few months. Below is a snapshot into employers’ attitudes and experiences as we move through 2025. AI is transforming the insurance landscape, yet the success of any new tool ... Polling Results: Hiring and Engaging Talent in 2025
The insurance industry remains steady and positioned for moderate employment growth throughout 2025. Our recent Q1 2025 Insurance Labor Market Study, conducted in partnership with Aon, revealed 88% of carriers intend to increase or maintain their staff sizes in the next 12 months. Meanwhile, the Bureau of Labor Statistics shows 17 consecutive months of job ... Stable Employment: Q1 2025 Insurance Labor Market Study Results
March labor market data remained relatively unchanged compared to January and February. Insurance industry unemployment continued to drop, lowering to 2.1%, which is consistent with 2024’s average. The overall U.S. economy experienced a slight increase in its unemployment rate, rising from 4.1% to 4.2%. However, the U.S. workforce also saw a substantial increase in employment ... April 2025: Labor Market PULSE
Our recent Q1 2025 Insurance Labor Market Study, conducted in partnership with Aon, found that 88% of insurers plan to increase or maintain their headcounts this year. As carriers continue to anticipate moderate growth in terms of both staff and revenue, the industry’s 2025 talent outlook is steady and sound. Anticipated increases in business volume is ... Study Reflects Ongoing Labor Market Stability for 2025
In this employee spotlight, we’re excited to share three outstanding individuals who exemplify the values and culture that make Jacobson thrive. Learn more about their contributions and the impact they make every day! Tyler Thompson Account Manager, 2.5 years at Jacobson Hometown: Harlan County, Kentucky Alma Mater: University of Kentucky – My husband and I are ... Jacobson Employee Spotlight – Q1 2025
After years of shifts in the insurance labor market, we’re experiencing a more stable—yet still challenging—talent landscape in 2025. The industry’s unemployment rate sits at just 2.5%, notably lower than the national rate of 4.1%. Not surprisingly, in our conversations with hiring managers, we continue to hear the same thing: finding top performers remains difficult, ... Recruiter Report: Finding the “Perfect” Candidate
Rounding out the first quarter of 2025, the latest numbers show continued stability in the insurance labor market. Consistent with past years, unemployment dropped back down to 2.5 (less than half a point from 2024’s overall average). At the same time, total employment was up both month-over-month and year-over-year in January. According to our Q1 ... March 2025: Labor Market PULSE
Throughout this 10th annual Insurance Careers Month, we’ve seen members of our industry come together to share their stories and showcase the many paths to a rewarding, purpose-driven career in insurance. Whether you’re starting your career journey or considering a change, we hope you’ll discover the many ways your unique skills and interests can contribute to ... ICM 2025: Why Choose a Career in Insurance