We continue to see a fairly stable market, with no radical changes so far this year. In April, we experienced a slight rise in the insurance industry’s unemployment rate; yet it remains in a range typical for the industry, at 2.6%. Within the larger finance and insurance industry, hiring accelerated in March* hitting a rate ... May 2025: Labor Market PULSE
With catastrophe season looming, it’s time to start strategizing your talent plan for both the expected and unexpected events this year will bring. Last year was the fourth costliest on record (kept since 1980) for weather and climate-related disasters, according to NOAA’s National Centers for Environmental Information. Losses from natural catastrophes are already tracking above ... 5 Questions to Ask When Crafting Your CAT Season Talent Plan
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
When did you last carve out time to reflect on your personal brand? In today’s evolving labor market, a well-defined personal brand is key for attracting opportunities that align with your strengths and enable you to contribute at your highest level – no matter where you are within your career. However, this is more than ... Building Your Personal Brand
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
The topic of AI is virtually impossible to avoid in today’s business climate. However, while it may seem like all organizations have started using various AI technologies, about 75% of companies are still in the exploratory or proof of concept stage, and just 4% of companies say they are creating substantial value from their AI ... 4 Essential Questions for Successful AI Implementation
We’re halfway through the 10th annual Insurance Careers Month – an industry-wide initiative focused on encouraging the next generation of talent to choose a career in insurance. Along with building a bench of talent as seasoned professionals reach retirement, there are a number of benefits to welcoming young professionals and new graduates with open arms. ... The Facts About Gen Z